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Goldlongsetup

XAUUSD: 7/11 Today’s Trading StrategyLooking at the 4-hour chart of gold, after yesterday's round of highs and declines, the price of gold has now returned to below 1980. On the 4-hour chart, the MACD signal line crosses downwards, indicating a bearish tendency in the short term. Below, continue to pay attention to the initial support area 1965-1970 mentioned last week. If this area fails, the consolidation pullback will further test the support of prices such as 1950 and 1930. Only if the upper level stabilizes above 2000, may there be a further upward trend towards high levels. ​ Gold’s 1-hour rebound highs are successively lower. Gold’s 1-hour triple top structure. The rebound is an opportunity for shorts. Today’s gold rebound basically has no strength. Just continue to short. Shorting may be just the beginning, unless gold The big positive line stabilizes and rises, otherwise there is still a lot of room for gold shorts. Today's gold short-term operation ideas suggest that rebounding and shorting are the main focus. The top short-term focus is on the 1980~1982 first-line resistance, and the bottom short-term focus is on the 1963/1953 support. BUY:1962-1964 SL:1958 TP1:1970 TP2:1976 SELL:1980-1982 SL:1987 TP1:1975 TP2:1970
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:31/10 Today’s Trading StrategyYesterday, gold opened at 2004.19 on Monday, with a high of 2006.69 and a low of 1991. DXY also experienced a significant correction in the short term, once touching 106.08. Technically, gold has confirmed support four times in a row, and the lows have gradually risen, showing the strength of the market. Then gold broke through the channel and hit a new high by accelerating its sprint. This trend indicates that gold may rise further and start a new bull cycle. For the gold market at the beginning of this week, the focus of the market will be whether it can break through the channel range and reach a new high. If gold can maintain its strength and break out of this key position. Yesterday, there was a wave of retracement and correction in the market. This wave of retracement was reflected on the 4-hour chart. The market has slowed down slightly in the short term, but there is still room for growth. The key point is today and tomorrow, which will determine the strength and weakness of the market. Based on past experience, the pullback of a strong market usually does not exceed three trading days. Therefore, the third trading day will be an important node. At the same time, the correction space should not be allowed to be too deep, which will make it easier to resume the rise. At present, gold is still showing a strong upward trend. Even if there is a correction, it will only be a short-term correction, and the overall trend is still upward. Pay attention to the support level near 1988 during the day. If this position is effectively supported, the target could be set at the $2040-$2050 area, or even higher. Gold's strong trend has not peaked, and any pullback is for better gains. So in terms of short-term gold operation ideas during the day, we still maintain a bullish approach, and we still cautiously participate in short orders. BUY:1988~1990 SL:1983 TP1:1996 TP2:2002 SELL:2006~2008 SL:2011 TP1:2001 TP2:1995
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD:1/11 Today’s Trading Strategy​In Asian trading on Wednesday, the price of gold was around 1,984. Previously, the United States released a series of weak economic data, which stimulated investors' demand for the U.S. dollar, causing a slight correction in gold prices after rising slightly on Tuesday. However, despite the certain correction in gold prices, overall, gold is still supported by some positive factors. The gold market was choppy yesterday. The price opened at 1995.7 in early trading and then fell back to 1990.4. However, after the US market opened, gold prices began to rise and hit the highs of 2008. However, due to the subsequent rise in the U.S. dollar index driven by fundamental factors, the price of gold fell rapidly in late trading, even falling below the early low, with the daily lowest price reaching 1978.6. Finally, the closing price of gold was 1983.8, forming a middle Yin line with a long upper shadow line. Such a trend indicates that there is technical downward pressure. The 4-hour indicator shows that gold is currently in a bullish trend, but it tends to fluctuate in the short term. The 1-hour chart formed a double top, and the price bottomed out during the U.S. trading session, but the upward momentum was insufficient. Therefore, for short-term gold operations, you can first consider converting to a main short operation, and then consider long operations after the correction. Gold rushes higher and retraces, and the operating space moves downward. Today, focus on the resistance of 1990-1993 for short-term short-term positions at the top, and the support of 1972-1975 at the bottom for long-term positions. SELL:1990~1993 SL:1997 TP1:1886 TP2:1882 BUY:1972~1975 SL:1969 TP1:1979 TP2:1984
OANDA:XAUUSD
by ActuaryJ
XAUUSD:30/10 Today’s Trading StrategyThe three positive lines of the Golden Week rose strongly. After a long period of consolidation last week, at the end of the day, heavy volume broke through the high point and stood firmly above the 2000 mark. After the daily line continued to consolidate and gain momentum, it closed the positive line again and continued to rise. The daily line is bullish. The weekly positive trend has been strong. The previous retracement low serves as the critical point for bulls this week, and the short-term rise will further continue. The next goal is most likely to challenge the previous high. ​ The 4-hour chart gathers momentum around the middle track, and then cooperates with the big positive line to pull up and close at a high level. The bulls consolidated strongly to replace the callback. The previous low of 1953 served as the rising low of the second wave. After pushing through the high, it formed the rising trend of the second wave. The high of 1990-1995 was converted into today's support. The high trend will continue at the beginning of the week. It is expected that Asia If the market pulls back slightly, the European market will move higher. The 1-hour chart consolidated and corrected after a wave of positive gains, pulling up and closing at a high level. It is recommended to go long on dips today. BUY:1994~1996 SL:1989 TP1:2001 TP2:2006 SELL:2016~2018 SL:2021 TP1:2010 TP2:2004
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD:26/10 Today’s Trading StrategyGold prices rose rapidly in the short term on Thursday. Although the U.S. 10-year Treasury bond yield climbed 13 basis points to 4.95% on Wednesday and the U.S. dollar index rose 0.24% to 106.79, the gold price seemed unaffected by the recent strength of the U.S. dollar. Hitting a one-week high above 1985. According to the description of gold's K-line chart yesterday, it can be seen that the price of gold closed with a long lower shadow line and was close to a cross star pattern, which indicates that gold has certain support at the low of 1953. Generally speaking, after this pattern appears, the shadow line will often be covered the next day and the bullish move will continue. The gold market showed a volatile long and short trend in yesterday's trading. When the price hit 1962, gold bulls rose rapidly. After the highest point hit 1987, it came under pressure and finally closed at 1979. At the daily level, a physical small positive line was included, further responding to the previous long lower shadow line rising pattern. The price of gold has broken through the previous high at a high price, which is undoubtedly a manifestation of a bullish pattern. On the 4-hour chart yesterday, the price of gold fluctuated back and forth between the upper and lower Bollinger Bands. It consolidated and transitioned during the Asian and European trading sessions, and showed a trend of rising first and then falling during the US trading session. Despite the tug-of-war between the upper and lower Bollinger Bands, the price still recovered to a higher position at the end of the session. The current opening price is at the upper track of Bollinger Band, and the lows are constantly rising. The 4-hour chart shows that bulls are trading sideways, waiting for further gains. We need to pay attention to the resistance of 1997-2000 at the top; we focus on 1977-1970 at the bottom. SELL:1995-1997 SL:2002 TP1:1900 TP2:1885 BUY:1977-1979 SL:1972 TP1:1986 TP2:1992
OANDA:XAUUSDShort
by ActuaryJ
GOLD And War GOLD and War New forecast Gold prices stabilized on Friday, supported by continued demand for safe havens fueled by tensions in the Middle East, while investors awaited the Federal Reserve's monetary policy meeting scheduled for next week. Israeli forces carried out their largest ground attack in Gaza during their 20-day war on Hamas during the night. The yellow metal, which is considered a safe haven, has gained about eight percent, or more than $140, since the war began on October 7. War scenarios: If the war erupts further between Israel and Palestine, we will see a rise in gold prices, and this is more likely. If the war between Israel and Palestine subsides, we will witness a decline in gold prices. Stay away from buying gold, and this is currently unlikely. We have fire news for this week 1- Consumer confidence index. 2- ADP index of change in non-agricultural employment rates. 3- Job opportunities and labor turnover. 4- Supply index for purchasing managers. 5- The US Federal Reserve’s interest rate decision, followed by the press conference. 6- Agricultural payroll lists. Technical Abstract : The price perfectly fulfills my last idea and price reached to our targets . Gold prices witnessed a tremendous rise during the past week thanks to the war between Israel and Palestine. Also, the price is trading in the ascending channel that appears in the chart above, as it relies on the support of this channel and is waiting for a resumption again to reach positive stations at 2020 and 2036. Therefore the bullish tendency will be remain valid and effective supported by moving average 50 that is putting the positive pressure on the price , Taking into account that stabilized under 1984 will put the price under sell pressure and the price will try to start a correction , so it is possible to do a retest especially if price opened under 2000 we will see the correction and then will rise up. and stabilized under 1984 will postponed the bullish attempts . The expect range trading for today it will be between resistance line 2020 and support line 1984until stabilized . Additionally ,Today News will affect the market . support line : 2000 , 1984 resistance line : 2016 , 2036 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAUUSDLong
by Arazmajeed
2
XAUUSD: 19/10 Today’s Trading StrategyGold prices experienced a strong rise yesterday, stimulated by risk aversion due to the possible expansion of the Palestinian-Israeli conflict. Gold soared nearly $40 during the trading day, hitting a high of 1962.5, before pulling back slightly. At the final close, gold closed up 1.28% at 1947.81. The daily line reached a maximum of 1962.9, and then began to consolidate under the influence of Bollinger's upper track pressure, and finally closed at 1947.4. However, the closing positive line indicates that the market is expected to continue to rise, and technically there is continued bullish demand. The 4-hour chart shows the market's unilateral rise in heavy volume, relying on the mid-track rise, and has not yet retreated and corrected. The current rate of increase is beginning to slow down, and may turn into a shock-type increase next. A direct rise indicates that the market is strong, has greater impact, and has better continuity. As the rally progresses, higher prices are bound to face greater resistance. Market adjustments and shocks are inevitable. At this time, the trader needs to have good market reading skills. The current support is around 1940, any pullback should be viewed as aggressively bullish and continue to focus on new highs. Regarding gold’s operating ideas, it is recommended to focus on long positions, with bullish calls on lows; the upper suppression point is 1968-1976. The important short-term resistance at the top is located at the 1975-1987 line, and the important short-term support at the bottom is at the 1940-1943 line. SELL:1942~1944 SL1938 TP1:1952 TP2:1958 SELL:1969~1972 SL:1976 TP1:1964 TP2:1958
OANDA:XAUUSD
by ActuaryJ
2
XAUUSD: 18/10 Today’s Trading StrategyFrom a general perspective, gold is undoubtedly still in an upward trend. Under the influence of the Palestinian-Israeli conflict, the market has also formed a strong V-shaped reversal, and the magnitude of the reversal has broken through the upper track of the downward channel. On the surface, this is A very strong upward structure, but since last Friday’s unilateral increase of more than 50 US dollars has consumed most of the demand, the shock and upward trend will continue in the short term. It is worth noting that the increase is close to the daily high line, and it is also in the previous band. The high point is parallel to the pressure point, so the focus of pulling up again is to pay attention to the strong pressure in the 1948-1950 range above in the early stage. Only after a breakthrough will a complete strong pull be formed, otherwise the price will fall back again to test the effectiveness of the support below. ! The current Asian market has begun to rise strongly, so it is no longer appropriate to chase higher in the short term. The 4-hour level of 1930 has become the first low point in the short term, and is currently oscillating upward to form a second low point. If the short term goes back again, it will be verified that the lower 1930 After the nearby support is effective, you can consider going long again and do the third stage of the rise, which is the triple top structure of the small-level shock trend. If the third stage of the rise happens to be blocked at 1948-1950, you may experience shocks. , then it will no longer be suitable for any chasing long transactions, and will even gradually go short. At that time, we will make a detailed analysis of the specific situation. Short-term trading will temporarily remain low and long above 1930, and the price will continue to rise. The upper focus will be on 1948- 1950 important pressure SELL:1945~1948 SL: 1952 TP1:1940 TP2:1934 BUY:1930~1933 SL:1926 TP1:1938 TP2:1944
OANDA:XAUUSDLong
by ActuaryJ
Gold increased violently, starting from 1880 USD?Hello dear traders! Gold today increased as predicted to nearly $1880. Gold is trading steadily due to the decrease in US Treasury yields caused by the latest FED meeting minutes. The 1-hour chart shows that after breaking out of the sideways movement last week, Gold made a significant jump to reach $1876 and continues its upward trend, currently trading at $1877. From a personal perspective, Gold is expected to reach $1900 after touching $1880 today and then face resistance at the previously broken support level before the trend continues. If you found this article helpful, please leave a like and follow for the latest updates.
OANDA:XAUUSDLong
by AlselvSignals
6
XAU/USD Long Opportunity: Pushing Off From Lower Corridor BorderGreetings traders! We're currently observing a compelling setup in the XAU/USD pair. The price action is oscillating within a well-defined corridor. Recently, there's been a notable rebound off the corridor's lower boundary, indicating bullish momentum. Entry Zone: Our optimal buy-in range is situated between 1846 and 1854. This zone is derived from recent price behavior and supports that have demonstrated resilience. Take Profit Targets: TP1: 1870 The initial take profit target is set at 1870. This aligns with some minor resistances and potential profit-taking zones. TP2: 1884 Our second target is 1884, corresponding with more robust resistances and historical price action. TP3: 1894 The final ambitious target is at 1894, which could be reached if bullish momentum sustains and manages to break past earlier resistances. Stop Loss: 1827 To manage risk effectively, we're placing our stop loss at 1827. This level is strategically positioned below recent lows and provides a buffer against adverse price swings. In conclusion, the current setup on XAU/USD presents a compelling long opportunity, but as always, exercise caution and employ proper risk management. Good trading, everyone!
FOREXCOM:XAUUSDLong
by Frenzy_Trader
XAUUSD: Gold’s correction is another opportunity to buyGold has pulled back as scheduled, but it still stands firmly above yesterday's consolidation. That means the upward trend remains unchanged. The pullback is a buying opportunity. Buy directly at the current price of 1856 in the European market. It is bullish. Lay out the current price and refuse to be an afterthought! The trend is rising and the market is in the right direction, so don’t be afraid of a long way to go! Think about yesterday's trend. Didn't it fluctuate for a day and then surge to a new high in the evening? The recent trends follow this pattern, with the Asian and European market adjusting and the US market rising! Now the pullback gives us another opportunity to enter and buy again! Then follow the plan, enter the market directly by going long, and just continue to be bullish!
OANDA:XAUUSDLong
by Nick_John
1
XAUUSD: 2/10 Today’s Trading StrategyGold continued to consolidate at low levels on Monday. Gold prices suffered a sharp sell-off last week, continuing and accelerating the downward trend that began after the Federal Reserve raised interest rates on the 20th and kept interest rates unchanged. Previously, the Federal Reserve reiterated that interest rates will remain high for a longer period than previously expected. , and there will be at least one 25 basis point interest rate hike. Gold has been sold off due to concerns about high interest rates, and gold prices may fall further in the first week of October. The interest rate theme has markets on edge and gold's behavior as the Federal Open Market Committee (FOMC) has been aggressively bearish. Gold fell rapidly to $1,850 in a short period of time last week. The bearish situation seems not to be over yet. After the gold price rebounded on Friday, it tested the resistance and then was pressured to break through the bottom. The price has gone out of the space of tens of dollars in both long and short positions during the day. The current gold trend is downward, and the market on Friday is a buying after oversold. The rebound of the market! Surprises can also happen in trending markets! Gold has no real moving average support in the booth and before the moving average golden cross, the downward trend will continue! The current key pressure is still the pressure position of the 4-hour mid-track! The two moving averages are parallel and downward, which means that the trend is intact, so just rely on the pressure position to go short. The short-term long-short watershed is currently around 1867. Shock adjustments began in early trading this Monday. The current moving average maintains a long-term dead cross suppressing the price of gold. The pressure on the short-term moving average has reached the 1861 line, while the pressure on the trend line is at the 1860 line. However, such a big rebound is not expected during the day. , today’s solid operation strategy is to wait for the price to rebound before going short. SELL:1845-1848 SL:1853 TP1:1938 TP2:1832 TP3:1828 It is currently in a downward trend, and the risk of going long is relatively high. It is not recommended to participate.
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD: 28/9 Today’s Trading StrategyOn September 28, the gold market started to fluctuate. It will take some time to digest the large movements yesterday. Gold is currently trading at around 1876. The price of gold fell again on Wednesday and fell for the third consecutive trading day. It fell below 1880 for the first time since March 13. The intensity has further increased. Although it has fallen beyond the lower track, there is a certain demand for a technical recovery. However, the indicators in the attached picture still show no signs of weakening short positions, which implies that there is still room and strength to continue to decline in the market outlook. The trend will rely on the lower Bollinger Bands or the resistance of the 5-day moving average for high-altitude entry, waiting for the weekly target to be reached. The current high of 1950 has clearly peaked. This impact has led to a negative decline in 1947, laying the foundation for the Air Force's downward trend. The Federal Reserve's interest rate hike expectations are even more hawkish, and the fundamentals are overwhelming the bulls. The daily line also surges higher and then retreats, and the volume continues to decline, and the MA5-MA10 moving average crosses over. The weekly line is also repeatedly under pressure at the Bollinger Track and enters a volatile downward stage. Yesterday, the technical side of gold opened and saw the day's high of 1903. The line continued to come under pressure and fluctuated downwards. The European market further accelerated downwards and penetrated 1890 and continued to weaken. The US market accelerated downwards and penetrated the 1880 integer mark and continued to fall back to 1872. Weak closing, the daily K-line fell back and broke the bottom, and the overall price hit a new low for the year. It can be seen that the rebound was very little, and there was no chance for a rebound. The golden four-hour line continued to have a negative line downwards, and the last two days have all closed with a negative line. , directly breaks through the support level, from 1910 to 1900 and then to 1890, each support level is passed directly in one step. This is the strength of the short position, and trading with the trend is inevitable. So for today's operation, just take advantage of the trend and go short. We will not consider long orders for the time being. If the upper limit touches near 1882, we will directly go short. The stop loss is still 7 US dollars, and the target is 1865.
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:25/9 Today’s Trading StrategyGold stabilized at the 1920 mark last Friday and ushered in a shock rebound and recovery. The Asian and European markets fluctuated sideways above 1925, showing a defensive trend. In the evening, the US market accelerated slightly and reached the 1929 line, falling back and closing with shock. From the perspective of technical analysis, gold Judging from the above, the current trading daily level structure shows that after the market rebounded higher in the first half of the week last week, there was a dive on Wednesday night, breaking the illusion of the bulls. A big negative line on Thursday reversed the rebound. Although the rebound closed on Friday, it was just a retaliatory rebound for the previous consecutive declines and did not affect the downward trend. Therefore, the bottom is expected to continue this week. In the short-term bull counterattack last Friday, the market broke through the 1924 suppression level, but under the heavy pressure of 1930, the rebound was curbed. The golden four-hour line continues to remain above the 50 moving average. The fall of the K-line is a normal trend. The more the fall, the higher the rebound. This is inevitable. At the same time, the bottom continues to maintain a big positive line to stop the decline, and strongly supports the K-line, 50 The moving averages continue to show signs of rising upward. Although the lows are also constantly rising, the stochastic indicator is currently trending toward a dead cross, running bearish and downward, and the BOLL central axis is temporarily suppressed. Therefore, in the short term within the day, there may be a shock retracement first and then Downward trend. Therefore, in the short term during the day, Jiesse still recommends short selling at high prices to operate! ​ ​​​Gold operating strategy: SELL:1927-1930 SL1935 TP1:1923 TP2:1918
OANDA:XAUUSD
by ActuaryJ
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 As of now, our golden winning rate still maintains a 100% winning rate, and I will continue to maintain it. If you want to get my accurate signal as soon as possible, you can contact me below
OANDA:XAUUSDLong
by Nick_John
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
OANDA:XAUUSDShort
by ActuaryJ
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
OANDA:XAUUSD
by ActuaryJ
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!
FX:XAUUSDLong
by Dylan-Jones
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
OANDA:XAUUSDShort
by ActuaryJ