XAUUSD: Gold returns to support, ready to buyLooking at the trend of gold, it started to fall after encountering resistance and the pressure of the daily Bollinger upper track, so the current trend of gold is still fluctuating at the daily level! After the data, the market surged higher and fell back, and now it has fallen to near the support of the 4-hour Bollinger Band! Have rebound demand!
Gold is still in a big shock trend at the daily level. Operations should be treated as shocks. Pay attention to the pressure at the 1936 position above the rebound. If there is resistance, we are always ready to go short!
Before that, we can seize the opportunity of a wave of rise
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Goldlongsetup
XAUUSD: 20/9 Today’s Trading StrategyIn today's Asian trading on Wednesday, gold suddenly fell sharply in the short term, and the price of gold once fell below 1930. Yesterday, the U.S. dollar index showed a V-shaped trend. It fell to an intraday low of 104.81 before the U.S. market, and then strongly recovered all losses, finally closing up 0.06% at 105.13.
Gold prices retreated from fresh two-week highs ahead of the Federal Reserve's interest rate decision, with the outlook currently remaining neutral. The Federal Reserve will present new economic forecasts at the same time as it announces its monetary policy decision. Yesterday, spot gold fluctuated within a narrow range above the $1,930 mark. It once rose to an intraday high of 1,937.43, then gave up all gains and turned lower, finally closing down 0.13% at 1,931.31. Gold rose slightly after the opening yesterday, but its performance was weak during the European and American trading hours. The top-bottom transition we mentioned earlier was around 1930 and was temporarily broken through. However, the bulls did not forcefully continue before this action was completely completed. The rise began to show lack of momentum near 1935.
On the 4-hour trend, the continuous high fluctuations caused the short-term moving average to gradually diverge downwards. The K-line began to slowly come under pressure on the short-term moving average, and the short-term trend showed signs of weakening. Although the current price is still running near the previous support band around 1930, the rebound is not too strong and the short-term trend is weak.
So today’s gold operation idea, Jiesse recommends going short on the rebound and then consider going long on the low!
Gold operating strategy:
SELL:1935-1937
SL:1942
TP1:1930
TP2:1925
XAUUSD:11/9 Today Gold Trading StrategyLast Friday, the gold market as a whole experienced a narrow range of shocks around the 1930 mark. During the Asian and European trading sessions, the price quickly shot up and broke through the 1927 mark, but then encountered suppression and fell back, falling further and falling into sideways fluctuations. It began to fall rapidly in the US market, but stabilized near the 1920 mark and ushered in a rapid rebound. In the end, the price broke through the 1929 line, but still fell back under pressure, and fell again to near the 1917 mark in the market outlook, finally closing at around 1918.
Gold countered in early trading last Friday, and temporarily stopped after reaching a maximum of around 1929. At the same time, the European market did not move weakly, and was relatively resistant to decline. From the current market point of view, there is a long shadow line on the daily chart. , it remains to be seen whether it is stabilizing for the time being or whether it will decline further after the mid-rail correction. From the chart, it still shows a downward trend, but the price has support here at the mid-rail. Judging from the trend on Friday, the rebound is relatively weak. We The predicted 1930 target has not been breached. Decline is the main trend at present. The decline is mainly passively affected by the strong rise of the US dollar index. The lower support will remain at last week's low of 1914. The probability of this position continuing to fall is low. The daily line closed with a small positive on Friday. It is also very likely that it is a reversal signal from the bulls, and the daily line is still relatively in the upward channel, so for today's operation, it is relatively simple. Therefore, the intraday operation can be considered to be mainly within the 18-20 range. When reaching this position, adopt a long strategy and look at the 1930 position above. If the position is broken, you need to wait for the market to stabilize before considering shorting.
Gold operating strategy:
BUY:1918-1921
SL:1913
TP1:1925
TP2:1930
Gold: Buy more in 1913, the US market continues to be bullish!
Gold is still in a bullish upward trend, and the pullback is still an opportunity to go long. Now that the market has fallen back, it will be more direct. The current price of 1913 is more, and the 1935 line is bullish!
Gold has now started an upward trend, and shocks and callbacks are inevitable, but every callback is an opportunity to go long again! And the current market is concentrated in the US market! And the current support position is the 1913 line, the bullishness of gold at this position remains unchanged, more, continue to do more!
The trend is rising, and the pullback will continue until a new high is reached in the US market. Only after the market reaches the 1935 line, will this rise be possible to end!
XAUUSD: 17/8 Today's Trading StrategyIn early Asian trading on Thursday, the U.S. dollar index continued to rise, hitting a more than one-month high of 103.59 at one point. In the early morning, after the minutes of the Federal Reserve meeting showed that most policymakers continued to put the fight against inflation first, spot gold extended its intraday decline, falling below the previous low of 1893, the lowest since March this year, and finally closed down 0.49% at 1892.33
This trading day focuses on the number of initial jobless claims in the United States for the week ending August 12, and the number of continuing jobless claims in the United States for the week ending August 5. Gold fluctuated at a low level yesterday. Although it rebounded, it still failed to break through 5 The daily line pressure, the tone of the Federal Reserve meeting minutes in the early morning was relatively hawkish, causing gold to fall below 1900 again, and the low fell to around 1890, and the daily line closed again.
The 4-hour chart relies on the middle rail as the resistance point for a unilateral weak decline. This week, it basically sorts out the pressure at the middle rail and then falls to the lower rail. At present, a bardo line is close to 1893 but has not bottomed out Afterwards, it rebounded, but closed at a low level. Today is expected to continue the downward trend. At that time, it will close below 1893 and the form will effectively fall below. The 4-hour chart is still bearish; the 1-hour chart is running in a downward channel with shocks, and the daily gold short-term operation idea is on. Jiesse suggested that the rebound should be short-selling, supplemented by stepping back to the low position and doing long.
Gold operation strategy:
SELL:1899-1902
TP1:1895
TP2:1890
BUY: 1883-1885
TP1:1889
TP2:1893
Gold trend next week
Gold prices fluctuated and fell last week. But the 1910 support level below is still strong. The most prominent event risk affecting gold prices next week is the U.S. retail sales data for July, which is scheduled to be released next Tuesday, and the Federal Open Market Committee (FOMC) ) latest meeting minutes,
which should give markets an idea of what's going on with the consumer, as well as the Fed's view on the economy.
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GOLD: Predict next week!Gold prices rebounded strongly amid mixed US Nonfarm Payrolls report. The new job addition was not as strong as expected by market participants. This makes the price of gold a bit volatile as it is still in line with last week's prediction
Next week's prediction: Gold continues to move sideways around the 195x zone before breaking out and continuing to rise!
xauusd:The support level 1965 has a huge upside
Gold formed a big positive line yesterday and rose in volume, confirming the stable situation after stepping back to 1946 the day before. It broke high again the next day, closed at a high level, and continued to stabilize at a new high level. It hit a recent new high of 1985, getting closer and closer to the 2000 integer mark. There is a little room for release today, and it is expected to touch the 2000 mark. At present, the daily line closes at a high level, and the short-term will continue to rise moderately. Judging from the K-line shape and the moving average indicators, gold has formed multiple divergent patterns, and with the upward moving average indicators, it has formed a supportive upward trend. The breaking high of 1963 has also been converted into a support level.
Overall, gold continued its upward momentum, breaking highs became support. Continue to be bullish today, and it is expected to gradually break through the 2000 mark.
gold buy 1968-1973 tp 1990-2000
Gold's Next Big Opportunity: 1880-1850
Follow me, they seized the opportunity for gold to rise from 2000 to 2050, and also seized the opportunity to fall from 2020 to 1920, and they made a lot of money!
Now, how to trade? Follow me, let me take you through analysis bit by bit.
We continue to observe with the 4h chart.
Now, it is around 1920. Looking at the overall shape, its falling process is very similar to the previous rising process. It has undergone repeated shocks from 1930 to 1980, and now it has returned to below 1930. If it wants to rise higher (1950-1980), it must first break through the resistance of 1928-1937, but judging from the current shape, the probability of breaking through 1937 is not high.
Well, since it is unlikely to break through 1937, it means that it will fall again. Let's analyze the upward trend of 1800-2000.
When it is forming the bottom, completing a breakthrough, and rising rapidly, its backtests are 1885, 1908, 1935, 1951, and 1973. During the upward process, they are support, and once the trend turns downward, they will become resistance. .
Now, only the support of 1908 and 1885 still exists. If 1935 cannot be recovered, the next decline will be around these two points.
This is our next direction. If it falls below 1880-1850, it will return to 1800. At that time, there is a high probability that it will return to above 1900 and face new resistance.
If it fails to break through at that time, it will form a head and shoulders pattern, and this process may take more than 3 months. But if there is such a trend, please be sure to catch it, it will bring you very, very rich profits, and finally, please save this analysis chart!
I will start trading this strategy today!
An idea on Gold before breakoutMany technical analysts are talking about a Cup and handle pattern on Gold. I used to agree, but now as the chart shows, it could be forming an inverse head and shoulders pattern before breakout. If true, bulls will have to wait well over another year for the breakout.
OANDA:XAUUSD
XAUUSD: Go long at current price 1906, target 1920Yesterday, I went long first and then shorted. The BUY1906 and SELL1912 provided by gold all arrived near TP to close the order. Next, before the gold entity falls below 1900, the gold will be long and then short!
Gold once again recorded the bardo line on the daily line yesterday and closed at the 1907 line. The entity broke the previous low of 1920 line and the lower track of the 1913 Bollinger Band. Now the bottom support has transformed into top pressure.
In the short term, gold is currently seriously oversold. Today there is a demand for rebound and repair indicators. In addition, gold is close to the 1900 integer mark. Don’t blindly chase short here. In addition, the US dollar has risen to a weekly level of pressure. Pull back at any time, and gold and other entities will break the position The 1900 mark is considering chasing short.
Gold trading recommendations for
The triple top on the gold weekly chart continues to suppress gold. The daily line is now a positive line, and it is not that kind of big positive line. For the time being, it can only be regarded as a rebound. This wave of gold daily market has gone through five waves of rise, and now it is a big C wave adjustment of ABC adjustment. Is wave C now over? The gold daily line has not even broken through the downward trend line, and the trend line resistance is around 1930. Before it effectively breaks through 1930, we will continue to look at the daily short line, during the decline of the big C wave.
For the time being, gold can see signs of continued rebound in 1 hour, and there is an upward trend line support around 1910, but the daily downward trend line resistance is 1930, and 1930 is an area that has formed resistance many times in the early stage, and no effective upward reversal has been formed. So now 1930 is still very important in the short term. At the beginning of next week, you can sell high and buy low in the 1910-1930 range.
Trading inevitably requires luck in some places and times, but in the long run, good luck and bad luck will balance out. If you want to last for a long time, you must rely on skills and use good principles. How far a person can go depends on who he walks with; how good a person is depends on what kind of friends he has around him; how much a person can achieve depends on who guides him.
Trading strategy for next week:
gold: sell@1930 tp:1910
buy@1910 tp:1930
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!
XAUUSD: Focus on 1910, short in the morning for profitWaiting for the bottom to do long, let’s look at around 1910 and you can go long. Now after a short-term decline, it has entered the consolidation stage, and it is not suitable to open a position for the time being
! ! Congratulations to the early empty order TP leaving the market! !
In the early trading gold, we recommend shorting the first line from 1935 to 1937, and finally calling for a firm offer to buy in 1933, 1923TP
The golden hour line has always been empty below 1937, and any rebound position can be empty. The defensive position is on the 1937 line.
At the same time, the top is still in the form of a 30-minute triple top. This form is more obvious at present. The upper edge of the downward channel still controls the breakthrough of the K-line and is directly suppressed by firepower. Currently, the downward channel continues to be maintained.
Gold trading recommendations today
The decline in gold remains, 1930 short!
The current short-term gold has gained support and rebounded, but has the decline changed? not at all! It can be seen from the hourly chart that even though the market took a strong backlash on Friday, the final rebound did not break through the suppression of the long-term moving average, and it was still a bearish decline!
The key pressure now is the long-term moving average suppression position on the hourly chart, which is the 1930 position, and this position will continue to be short directly! Defense is Friday's rebound high of 1938!
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!
XAUUSD: Today with PMIThe price of gold (XAU/USD) faced selling pressure around $1,917.50 during the European session. After a brief decline, the precious metal is expected to drop further to an intraday low at $1,910.00. The sell-off in gold was triggered by the positive performance of the US Dollar Index (DXY).
S&P500 futures have extended the significant losses seen in the Asian markets to Europe, reflecting a risk-off sentiment. There are concerns about global growth prospects as central banks continue to tighten their policies, raising fears of a recession.
Gold will continue to fall with the trendThrough analysis on Thursday, it is emphasized that gold needs to see weak shocks under the pressure of 1940. The actual highest is at midnight on Wednesday at 1938, and the highest throughout the day is almost around 1933
Therefore, it is impossible to give an effective homeopathic trading space, and the strength of the U.S. unemployment data cannot change the temporary extremely weak state, and the lowest fell to around 1912. Therefore, this trend is very obvious, and gold is extremely weak and weak. So, in the absence of an obvious anti-strength performance, for the time being, gold will still be dominated by high altitudes.
From a technical point of view, after this week's continuous decline, the daily line has continued to fall, and gradually broke the key support point. Brin has opened his mouth, which seems to have formed a weak unilateral. It may fall to the weekly low of 1830. Therefore, under the current circumstances, it is very important not to guess the bottom of the decline, and it is very important to follow the trend. The same is true for the H4 cycle. When Bollinger opened his mouth, the decline was along the 5-day and 10-day moving averages and out of the slow-falling space. Therefore, on Friday, we should also look at the moving averages to suppress the bearish. At the top, focus on the 1918 and 1925 highs. Wait for the adjustment to be completed, suppress the transaction at these two points, and focus on the low point of 1905 and the gains and losses at the 1900 full point below. But it is worth noting that if gold rebounds effectively today and stands above 1925, there may be room for adjustment and shock in the late trading.
6.23 Gold Strategy:
Focus on 1925 from above and still go short if the pressure is not broken, stop loss 6 points, target 1910-1900
Long order is only recommended to try if it does not break 1900
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XAUUSD: Pay attention to short selling near 1940~1936If you pull back strongly, pay attention to yesterday's high around 1940, and if you pull back weakly, you can go short in the 1936 area, so don't buy bottoms in advance
Short is the general direction at present, don't go against the trend or the market will naturally take care of you, follow the trend!
The maximum and lower limit of short positions in the day to see 1900
Gold trading recommendations today
The gold adjustment is coming to an end, a new downtrend is about to start, the rebound relies on the pressure of 1950 to short, and the waterfall is about to appear!
For the trend of gold, from the weekly level to the hourly chart, it has been analyzed countless times! Weekly triple top, historical top! The daily line fell all the way down. Although the current short-term sideways, the rebound is weak, and the pressure above 1970 has not been able to break through!
Yesterday was another downtrend! There are more signs that gold will continue to fall, and 1930 is by no means the current bottom!
Trading straregy:
gold: sell@1950 tp1:1945 tp2:1935
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!
6.20 Gold continues to range profit6.20 Today's gold market trend analysis:
From a technical point of view, spot gold fell slightly on Monday, the daily line closed negative, but did not change the diurnal cycle of the state, the daily cycle or look at the 1980/1935 unchanged, because the temporary interval performance is larger, so it is not suitable to judge the day trading, then the cyclical to look at the H4 cycle changes.
Through Monday's slight decline, the current H4 cycle broke through the Bolin track, temporarily a bit weak state, but the temporary Bolin closure is obvious, gold is unlikely to fall sharply, the day to oscillate slowly or rise again to form a continuous Yang, stand firm in the Bolin track, above you can see 1968/1970 highs, therefore, for Tuesday is the shock slow down or the shock slow up, It also needs to be observed that according to this trend, gold is more inclined to form a shock and slow rise state on Tuesday.
The hour-line cycle temporarily formed a shock range in 1947/1954, the morning opening did not directly rise, then the Eurasian plate is weak performance, and there is room for slow fall, so the transaction needs to wait for a fall to the key point to do more, the support point below is near 1945/1946, Europe and the United States rose to determine, you can see 1968/1970 highs. As for whether you can short, you need to observe the change in the shape of the United States.
6.20 Gold Strategy:
Rally to near 1955 short, stop loss 6 points, target 1945
The broken position can continue to hold if it stands 1960. Short orders are concerned about the above 1970-1968 suppression does not break the consideration of short
Retracement to go long near 1945, stop 6 points, target 1955-1960
Gold Daily TFGold is currently situated near the lower boundary of an upward trend, suggesting its potential for a positive trajectory. An essential shakeout occurred to remove less confident investors, reinforcing the optimistic outlook. I predict that gold will achieve a new all-time high within the upcoming two months. Furthermore, gold responded by remaining above the declining trend line.