Short-term strategy. Short around 2670 to around 2655The 8th day when the signal continues to make accurate profits
Trading strategy for the New York time period on October 15
There is upward pressure on the trend. The news is good for the US dollar.
Short-term trading can make money.
Let's witness the market's decline together.
Goldintraday
Gold washes the market, peaks and buys the bottomIn the morning, the price of gold did not continue the rise of last Friday. Instead, it opened lower and fell rapidly, creating the illusion of short-term adjustment, which continued until it stopped falling near $2,643.
After that, the strength of the European session also created the illusion of breaking through the new high. The violent rise directly hit the high of last Friday, $2,660, and then traders began to turn bullish, and even waited for a pullback to go long.
Today, from the perspective of the market, it continues to fluctuate. Today's support is no longer $2,640-36, but the pressure point of last night's high of 2,653 in the early morning. The high point moved down and the low point broke. The large box shock has not ended. It is estimated that it will take a few days. Only when the position of 2,653 is re-established, will we consider intervening in the long position, otherwise the weak shock will continue today.
At present, the high pressure of gold is at the position of 2672 US dollars. The first support point below is at the previous rising position of 2636/37 US dollars, and the second is the top and bottom conversion position of 2624/22 US dollars. It is too early to talk about gold peaking now, but the high box has not ended. Considering the long-term grabbing area is still within the range of 2630/00. The higher the safety margin, the better the mentality of holding positions.
Therefore, today gold will continue to fluctuate downward based on the 2668 long-short dividing point. If it can reach below 2624/22, consider intervening more. Yesterday's continuous decline has already induced today's pullback to long, especially relying on the support position of 2640-36. Break through 2653 and then consider the pullback. For the time being, the callback will remain oscillating downward.
Short the gold price first. Then buy the gold priceJudging from the trend. There is some intention to fall in the market. But the short-selling force is not strong. We can take the opportunity to do some swing trading. The support strength of the position of 2646 is very low. I think it is only a matter of time before it falls to 2633-2637. Because the support there will be stronger and it is a good time to go long. So if you don’t know how to trade now, you can refer to a transaction in the quick trading strategy.
Simple sharing. Investors who like it remember to keep paying attention. CAPITALCOM:GOLD OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1!
Tuesday Market Analysis and SignalsGold closed yesterday after a sharp rise and then fell back, with a slight decline on the daily line. A wide range of fluctuations formed around the 2640/2670 range. From the current market, the price is running above the short-term MA5-10, and the moving average is close. This has not yet formed an upward one-sided trend. The long and short positions will have to seesaw repeatedly. Today's trading will continue to be arranged with a short-term oscillation idea.
Gold is now fluctuating at a high level, but gold bulls are still strong at a high level. The decline of gold in the Asian session is to continue to give opportunities for long positions; gold is directly long near 2640 in the Asian session!
The 1-hour moving average of gold is still a golden cross upward bullish arrangement, and gold bulls still have strength to move upward. Gold has pulled back from a high level twice and has adhered to the support above 2640. It continues to buy on dips at 2640 in the Asian session; but what needs to be noted today is that if gold is sideways for a long time and cannot rise, then the moving average may begin to turn around, and the strength of the bulls may be affected. If there is no rise after the European session, it is necessary to give priority to the possibility of shorting.
Today we are now in the 2460~2660 range, selling high and buying low
Technical analysis of gold 10.15 short-term operationOn October 15, in the early Asian session, spot gold fluctuated in a narrow range and is currently trading around $2,645.42 per ounce. Gold prices rose and fell on Monday. Although the geopolitical situation provided safe-haven buying support for gold earlier, gold prices once rose to a one-week high of $2,666.70 per ounce, but as the US dollar rebounded to a ten-week high, gold prices gave up gains and closed slightly lower. As expected, gold rose directly yesterday, reaching a high of 2,666. However, it soon fell back, and the daily line closed with an inverted hammer line.
The 1-hour moving average of gold is still a bullish arrangement with a golden cross upward. Gold bulls still have strength to move upward. Gold has held on to the support above 2,643 twice after a high-level correction. It continues to buy on dips above 2,643 in the Asian session; but what needs to be noted today is that if gold fails to rise for a long time, then the moving average may begin to turn around, and the strength of the bulls may be affected. If there is no rise, the possibility of reverse shorting cannot be ruled out.
BUY: 2638 Target 2655--60
SELL: 2660 Target: 2645
Should we continue to short gold prices now?This week's operation is very simple. You can make money by buying at a low position. Review the trend of last week. After the whole trend had a significant negative impact, the price of gold was supported near the bottom of 2600. Then, with the promotion of geopolitics, the price of gold gradually rose, forming a force where bulls were stronger than bears. The sudden reversal of the market made some investors very panic. And I am here to tell you that this is a huge opportunity in trading. Don't panic.
After the market opened on Monday, it first had an expected correction. It was consistent with my expectations. But it fell by about 7 points than I expected. At that time, the expected position was 2650. Those who have read the articles I shared on Friday or the weekend know that I told everyone in advance. Then I notified everyone that the trend of today's opening would rise sharply. Indeed, it rose sharply after the correction. It was only 3 points away from the small target position of 2670. If you are in the experience group, you can see my strategy plan. Trade according to the buying timing of the fast trading strategy. You can get profits from three orders. They were bought at 2656.2650.2645 respectively. Then no matter where it rises to, the profit is very good.
So is it the time to short now? Indeed, for those who hold sell orders, this is a very entangled place. If you close the order, you are worried that the market will fall sharply and miss the decline. If you don’t close the order, you are worried that the market will continue to rise and the loss will expand. If you think this way, I suggest you leave me a message. I will tell you a detailed solution.
If you don’t hold a short order, then my suggestion is not to rush to sell the gold price. Wait and see. The market will not continue to rise. But it will not continue to fall. Trading is to find a good time in the right trend to buy low and sell high to earn the difference. Please don't be opportunistic. If you want to trade, but don’t know how to trade, leave me a message.
COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD CAPITALCOM:GOLD
I have always emphasized that the current trading opportunities are huge. So if you want to make money from the trading market, remember to seize this opportunity. Instead of blindly trading, let your account go from 1 million to 500,000. Then to 50,000. Then to a few thousand.
If you continue to follow me for three days, you will know the current trend clearly. If you continue to follow me for a week, if you become a member of the fast trading strategy, then the profit will be qualitatively improved, because the profit of the previous week is visible and available to every member.
Stay tuned. I am George. I hope everything goes well for everyone in trading.
Those who short gold prices must watch! Be alert!
The first stage target of gold prices next week is 2670. I have already reminded you in advance on Friday this week. The gold price market is expected to continue to rise after the correction to around 2650. It is suitable to buy at low prices when operating. If there is a leading breaking news, this process will be accelerated. This conclusion was verified over the weekend. Next week, it will be directly reflected in the surge in the gold price market.
OANDA:XAUUSD CAPITALCOM:GOLD COMEX:GC1! COMEX_MINI:MGC1!
This is undoubtedly bad news for those who short gold prices. Gold prices will accelerate in advance next week. If you are a short-selling investor. Remember to be alert to the situation after the market opens on Monday. Maybe it is a good decision to stop losses in time.
I am George, an industry insider who has been paying attention to the financial market for more than ten years and maintaining active trading. I will use my professional knowledge to lead everyone to compound interest value-added. If you want to know more, remember to continue to pay attention. Tip: There are many trading opportunities at present, remember not to miss the opportunity to make money now! Others are greedy and I am fearful. Others are fearful but I am greedy.
Gold 10.14 short-term technical analysis: shock downwardIn the early Asian session on Monday (October 14), spot gold fluctuated and weakened, currently trading around $2,655.18/oz. Although the US inflation data consolidated the prospect of a rate cut next month, the US PPI data also suggested that the inflation outlook remained favorable, raising the Fed's expectations for a rate cut in November. Gold prices rose by more than 1% on Friday, closing at $2,657.02/oz. At the same time, the safe-haven demand caused by geopolitical tensions in the Middle East also boosted gold. However, the US dollar index continued to rebound and is currently holding near a two-month high, which has made gold bulls cautious.
Friday's big rise in gold rose from the support of the daily moving average. We are not overly bearish on this wave. We can see that the daily moving average is around 2,630.
Technically, gold is fluctuating at a high level, and the high-level fluctuation channel has been drawn, with resistance at 2,660, so we are short at the resistance level of 2,660. Similarly, gold has found support near 2,610, and gold will continue to fluctuate between 2,610 and 2,660.
Are you ready for the next round of profits?Recently, I found many friends who lost money. They are complaining about the bad market environment. In fact, for me, I don’t think so. On the contrary, I think the current market is a good time to make money. Because the market fluctuations are large enough.
This provides a good prerequisite for making money. Compared with the fluctuations of a few points every day, I think it is not a good time to trade at that time.
The strategy of fast trading has begun to run. If you are still confused or losing money in trading, you can consider joining the group of fast trading instructions. In this way, you can seize the opportunity to trade and expand profits at such a good trading time like most people.
The profits in the group for a week are very stable and huge. After all, the market has given such trading opportunities. It would be a bit inhumane if you don’t take these profits. So if you think so too, then join.
I am George. An industry insider who has been paying attention to the financial market for more than ten years and has maintained active trading. I will use my expertise to lead everyone to compound interest value-added. If you want to know more, remember to keep paying attention. Tip: The current trading opportunities are very large. The market is also very stable. Remember not to miss the opportunity to make money now.
CAPITALCOM:GOLD OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1!
When can I short gold prices?From the trend, the gold price will still fall back to 2650 to test the support. If the support is confirmed to be effective, it is an opportunity to buy. The target will reach the pressure test near 2670. Just observe from the trend line. If there is a geopolitical news outbreak that is good for the gold price at the weekend, the effect will be more direct. The gold price may even rise directly. So the trading theme next week is mainly buying on pullbacks. Friendly reminder.
To sum up this week's trading, almost all of them are victories. Traders who follow the fast trading strategy have a proud smile on their faces. After all, there is no defeat this week.
Yes. The fast trading plan is customized for everyone. Especially for traders with a bad trading mentality, lack of confidence in trading, and always losing money in trading. They don't know how to buy or sell at a precise position and how to set stop profit and stop loss. Hand-in-hand teaching. Let you know that trading can really become very simple. Of course, the final fast trading strategy is oriented to trading results. Traders who don't want to make money are not good traders. Do you think so? Friends who like it remember to click and follow. We will continue to share next week. CAPITALCOM:GOLD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD
How will the New York market trade on October 8?The current gold price is quoted at 2647.72. Does the current investment sentiment expect the market to rise or fall?
Interpretation: The current trend of gold prices. It is not difficult to see from the chart. The market is currently in a high-level consolidation stage. It has formed an inverted triangle consolidation trend. Every time it goes high and falls. But the support near 2620 below still exists. MA and MASD echo each other. The probability of selling at a high level to make a profit increases.
News: The probability of a rate cut is uncertain, and the number of points of the rate cut also decreases. To a certain extent, the probability of the Federal Reserve's central bank cutting interest rates is very low. In terms of geopolitics, Syria's retaliation has not yet begun. There is uncertainty. In fact, from these two aspects. It is only a matter of time before the price of gold falls. Tip: (Geopolitical outbreaks are sudden, so the fall in the price of gold is not absolute, and investors need to face it rationally). This is an interpretation of market news for a short period of about half a month. It has a certain reference value.
In terms of operation, this is also an area that many investors pay close attention to: whether it is ultra-short-term, short-term or medium-term. In terms of operation, the principle of selling high and buying low is maintained for trading. You need to pay attention to risks when trading, this is the first point. At present, the market gold price is in the adjustment stage. Under the premise that there is no dominant news, the gold price can be maintained in the range of 2620-2630 for buying. 2660-2650 is the selling price. This operation strategy will be maintained for a period of time. Until the range adjustment ends, or there is a dominant breaking news that affects the trend of gold prices.
Then the ultra-short-term trading strategy is real-time, which requires short-term trading in combination with the intraday time period. It is also necessary to plan in combination with the events of the day. OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! CAPITALCOM:GOLD
It depends on whether investors like medium-term trading or short-term or ultra-short-term trading. For medium-term trading, you can continue to refer to the strategy analysis I publish every day and trade on your own. If you want to complete ultra-short-term trading. You can follow me for more accurate follow-up. For different students, you can develop a quick start plan separately. It is helpful for recovering losses or expanding profits in the short term.
I am George. An industry insider who has been paying attention to the financial market for more than ten years and has maintained active trading. I will use my expertise to lead everyone to compound interest value-added. If you want to know more, remember to keep paying attention. Tip: The current trading opportunities are very large. The market is also very stable. Remember not to miss the opportunity to make money now.
Huge fall.Today's trend is really pleasing. After all, the profit is obvious. I believe that members who follow the quick instructions to trade have great gains.
US media: Hezbollah publicly supports a ceasefire in Lebanon for the first time. Under the influence of this sudden news, the price of gold fell sharply. The current quotation is 2620. It came to the support below. But I think the price of gold will continue to rebound, and soon. If you need such real-time guidance, remember to tell me.
In fact, it is normal to draw such a conclusion. Because there are more than ten years of market analysis foundation here. The two consecutive days of events this week can accurately carry out some good transactions. This is not accidental, but an understanding of the market.
If you are confused about your current trading. You can refer to the effect of quick instructions. It is only a matter of time to recover losses. If you buy at a high position, you should do this. Because starting earlier can reduce the expansion of losses.
I am George. I am an industry insider who has been paying attention to the financial market for more than ten years and has maintained active trading. I will use my expertise to lead everyone to compound interest value-added. If you want to know more, remember to stay tuned. Tip: The current trading opportunities are very large. The market is also very stable. Remember not to miss the opportunity to make money now. OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD CAPITALCOM:GOLD
XAU/USD 11 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Intraday expectation/Bias remains the same as analysis dated 09 October 2024.
Analysis dated 06 October 2024 was accurate, with price targeting the weak internal low and printing a bearish iBOS.
We are now trading between an internal high and fractal low.
CHoCH positioning is still quite a distance from current price, so it’s possible that price may print new lows to bring CHoCH closer to current price.
Intraday Expectation: Price is expected to print a bullish CHoCH to indicate the initiation of a bullish pullback phase, keeping the above scenario in mind.
I advise caution due to ongoing geopolitical tensions and the Fed's dovish stance. However, we will remain systematic in our approach.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Intraday expectation/Bias remains the same as analysis dated 09 October 2024.
Analysis (08 October 2024) was accurate, with price pulling back, printing a bullish Change of Character (CHoCH), reacting at the premium of the 50% internal equilibrium (EQ), and then targeting weak internal low, ultimately printing a bearish iBOS.
We are now trading between an internal high and fractal low.
Intraday Expectation: Price is expected to print a bullish CHoCH, indicating the initiation of a bullish pullback phase. Bullish CHoCH positioning is marked with a blue dotted line.
Price is likely to react at the premium of the 50% EQ or the M15 supply zone before targeting the weak internal low.
M15 Chart:
Friday Market Analysis and SignalsThe daily line ended the 6-day continuous decline structure. Yesterday, the US market formed a bottoming out and pulled up. After the lowest point reached 2602, it gradually rose strongly. The daily line closed at the MA5 daily moving average. The short-term hourly chart RSI indicator broke through the central axis, and the MA10/7-day moving average 2616 formed a golden cross and opened upward. The hourly chart was in the upper and middle rails of the Bollinger band. The gold correction today is a low-multiple layout. The European and American markets are expected to rise again. Pay attention to the high and fall. The overall rhythm of trading is that it fluctuates upwards and then falls back.
Gold has begun to stop falling in the short term, and the market has begun to fluctuate again. Of course, gold bulls may not be able to go high. Today, we will see gold fluctuate and sell high and buy low during the day. Since the gold bears did not take 2600 in one fell swoop, the gold bulls have the opportunity to prepare for a counterattack.
Gold has not formed a dead cross in the 4-hour chart yet, and has not broken down yet. If it breaks down, the downward space of gold can be opened, and short-term gold will start to fluctuate. Gold has not broken through the 2600 line three times. Today, gold can hold 2600 and go long first. Pay attention to the resistance near the moving average suppression of 2648 and continue to go short. On Friday, sell high and buy low between 2610-2648.
More signals have been sent to the VIP group
Did you buy at the high?From the intraday trend, there are signs of continued rebound. But it needs the promotion of news. Independent traders need to pay close attention to whether the pressure position of 2630-2634 above can be accurately broken through and stabilized. At present, the current price is around 2621. If you want to trade, there will be some profits in the short term.
If the gold price breaks through 2634 quickly and stabilizes, the rebound will continue. COMEX:GC1! COMEX_MINI:MGC1! OANDA:XAUUSD CAPITALCOM:GOLD
10.10 Gold price under pressure for six consecutive days, pay atOn Wednesday (October 9), spot gold plunged nearly $15. After the latest minutes of the Federal Reserve meeting were released, the market's expectations that the Federal Reserve would keep interest rates unchanged in November suddenly heated up, which stimulated the strength of the US dollar and hit gold prices.
Due to the strengthening of the US dollar and the weakening expectations of the Federal Reserve's sharp interest rate cut in November, gold fell for the sixth consecutive trading day on Wednesday. Spot gold closed down $14.13, or 0.54%, at $2,607.71 per ounce on Wednesday. The price of gold fell to a low of $2,605.16 per ounce during the session.
Intraday data focus:
US September unadjusted CPI annual rate
US September seasonally adjusted CPI monthly rate
US initial jobless claims for the week ending October 5 (10,000)
Technical analysis:
1. There may be more pullbacks in the Asian session, and the European session will rise.
2. Only when the 2,624 watershed is broken will it fluctuate. If it is suppressed, it will still be a weak correction.
3. Pay attention to the pullback in the US market.
Therefore, if the Asian market reaches 2611-2, go long, stop loss 04, and the target is 2624-6. Strong resistance is 2630-32.
The US market cycle is short, and it depends on the strength of the European market's pullback, but the rhythm of the cycle has not changed.
10.10 Analysis of short-term gold operationsIn the early Asian session on Wednesday (October 9), spot gold fluctuated in a narrow range and is currently trading at $2,610.88 per ounce. Gold prices fell more than 1% during Tuesday's session, hitting a low of $2,604.68 per ounce, the lowest since September 20, and closed at $2,621.76 per ounce. Recent US employment data hit expectations of a larger rate cut, and as Hezbollah supported efforts to reach a ceasefire, market concerns about a possible all-out war in the Middle East cooled, also weakening gold's safe-haven buying.
Technical Analysis
Daily Chart
On the daily chart, gold prices are close to the trend line, and buyers are expected to intervene at this point, setting a risk range below the trend line, ready to push gold prices up and set new highs. Sellers hope to see gold prices break below the trend line to increase bearish bets and fall to new lows.
4-hour chart
On the 4-hour chart, gold prices fell below the recent low yesterday, then pulled back and continued to fall. Buyers want to see gold prices rise back above $2,625 to prepare to push prices higher and set new highs, while sellers may continue to target the trendline for now.
1-hour chart
On the 1-hour chart, the lower limit of today's daily range is near the trendline. If gold prices fall to the trendline today, the trendline should limit the decline. Tomorrow's US CPI report may determine whether gold prices continue to rise or fall further
The US CPI report and US unemployment claims data will be released. On Friday, the US Producer Price Index (PPI) and the University of Michigan Consumer Confidence Index report will be released.
10.9 Gold bottoming out may not be over yetGold fell below the low point of the previous correction yesterday, and the daily line went out of the 5-day negative pattern. This is too much for the bull correction. The continuous negative time is too long, but from the price point of view, it is not, and the amplitude is not enough.
The price broke the short-term 5-day and 10-day moving averages, which means that the overall pattern has weakened. Especially after 5 consecutive negatives, there is still momentum for further retracement today.
For today, the probability of continuing the oscillation cycle is still very high.
1. The bottoming out and rebounding during the day, the European market rebounded.
2. The US market rushed down and continued to fall, but the European market rose, and the probability of breaking the bottom today is small. Just look at it as a shock.
3. The previous low point is supported at 2613-4.
In terms of data: EIA crude oil inventory in the United States as of October 4 (10,000 barrels)
Intraday short-term operation suggestions:
BUY: 2608 target 2628---2635
SELL: 2635 target 2625----2620
Short gold near 2640 in the London marketShort gold at the opening of the market, waiting to verify the profit
2640 -2638 Sell
tp2630-2628
The transaction has been executed. Waiting for verification of profit.
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Just personal operation. For reference only.
10,8 Technical Analysis of Gold Short-term OperationsAt the end of the Asian session on Tuesday (October 8), spot gold maintained its intraday decline, and the current gold price fell to around $2,627/ounce. Spot gold closed down 0.41% on Monday at $2,642.28/ounce.
There was no important data released from Monday to Wednesday to guide the market, but the speeches of several Fed officials need special attention, and then there is the September CPI data on Thursday, the initial jobless claims data for the week, and the minutes of the Fed meeting at 2 a.m.
From the daily level, a small negative column was recorded yesterday, and the price remained below the short-term moving average. The moving averages of other cycles were arranged upward. The Bollinger overall intended to close, the MACD double-line dead cross probed downward, and the green kinetic energy column increased in volume, which was in line with the K-line trend. The primary pressure above was around $2,650, which was close to the previous high. Below this, the daily line still tended to be short.
$2,650 is the first resistance, and further resistance upwards is near 2,660 (three points above and below). If the intraday rebound does not break through and there is no geopolitical situation to increase risk aversion to support it, the technical retracement and repair demand will continue. Further support below is $2,630. After breaking through, it can extend to the $2,620-2,618 range. In other words, today's trend is expected to retrace first. If it can retrace to the expected range, you can participate in the bullish trend.
xauusd / gold ideawe can see near 2653 there have a FVG market have to trigger that entry for sell side dip so once market trigger the area go for lower time frame minimum 5m so you can see a CHOCh on that area once you get CHOCh go for a sell fly
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Gold fluctuates at high levels, bullish resistance is still largGold intraday trend:
1. It is still likely to fall below 2640 during the day. If it reaches, it will easily break through and support the previous low of 2632.
2. The volatility has not changed. The market is not likely to continue. Both long and short positions can participate.
3. The upper resistance is still at 2660. There were 4-5 negative daily corrections in the previous volatility. The correction time has not reached the limit, so don’t worry about over-adjustment. In terms of price, the high point has only retreated 40-50 US dollars, which is a small range.
Short-term operation:
BUY: 2640 Target: 48---50
SELL: 2660 Target: 2645----40
Ultra-short-term buying. Quick trading guideThe position of 2641 may serve as a short-term rebound support. In the ultra-short term, you can buy with a small order. If the market reaches the position of 2635, you can add a second order. There is no major news to disrupt the market. Sell high and buy low is a suitable strategy for ultra-short-term operations. CAPITALCOM:GOLD OANDA:XAUUSD CAPITALCOM:GOLD COMEX_MINI:MGC1! COMEX:GC1! BINANCE:BTCUSDT