Get started

Goldlongterm

12.6 Gold breaks bottom to welcome non-agricultural sector!Tonight's non-agricultural data, the market is divided into two sections: 1. Before the non-agricultural data, according to the current rhythm, it is considered to be volatile, so change the range or short, volatile 618, choose the intraday decline and rebound 618 position, you can also short. 2. Non-agricultural data, last month's non-agricultural data was only 12,000. According to ADP, it is bullish for gold, but the data is bullish, and the probability of non-agricultural data being negative is not high. It can only be lower than expected. At the same time, the increase in unemployment rate is bullish for gold. This is also difficult. So for the evening non-agricultural data, the current decline will either release the non-agricultural trend in advance or rush down and fall back. It is unlikely to be simply bearish. The intraday short-term 618 position is at the 2626-8 line, which can be blocked for the second time. Non-agricultural support, if it continues to break the bottom, don't grab more, this kind of continuous bottom breaking, more is meaningless. See if it bottoms out and rebounds, and treat it as a new range of fluctuations. Focus on the 100-day moving average position below, the daily large-scale support level In addition, according to our shock formula, short-term and long-term opportunities are not available at the moment. Before the non-agricultural market, there will be a second reminder, just follow the members.
TVC:GOLDShort
by AIan_Gold
1
12.5 COMEX Gold Technical AnalysisFrom a technical perspective, the gold daily line is close to the upper edge of convergence, and the Bollinger Bands show signs of closing. At the same time, the price has not broken through the moving average pressure, and the KDJ indicator is in a state of fluctuation without an obvious direction. The daily level convergence pressure is around $2,690. If it breaks through, it is expected to accelerate upward and test the previous high point. If it breaks below the support of 2,640, it will accelerate downward. From the 1-hour level, the Bollinger Bands are closing, and the convergence structure is entering the end, waiting for the direction to be chosen. The current volatility has dropped significantly. The technical indicators remain volatile, with intraday high selling and low buying, and the lower support is $2,650 and the upper pressure is $2,690. SELL: 2,650 Defense: 60 Target: 35-----30
TVC:GOLDShort
by AIan_Gold
1
11.4 Gold weakens in the short termGold has fluctuated for two consecutive trading days, and it should break today. Yesterday, as expected, the daily line rose after a single negative, mainly in three aspects: 1. Since this wave of rebound, the daily line has been a single negative, so look at the cycle. 2. The previous day rebounded too much. Although it retreated at the 618 position, the double bottom position is still there. 3. In the morning, 2633 is not only a rebound and retreat to the 618 position, but also a previous low point. When looking at fluctuations, I have always emphasized a method, 618 is better to make a mistake than to let it go. Therefore, we used gold non-short yesterday. At the same time, let's look at yesterday's technical points: Yesterday emphasized two watersheds, one is the time point of the European session, and the other is the price: 2633 and 2644, and the intraday breakthrough will continue. 1. In the morning, it directly relied on the low point to rise, quickly to the 2652 line, and the price effectively broke the morning low of 2644. It also emphasized that after the breakthrough, it is enough to step back more. 2. 2639 is the morning rebound and retracement to 618. The shock continues to see a step-back entry. 3. Although the performance before the US market is not big, the formula emphasizes that the correction at 6-8 points before the US market is still bullish. Yesterday, the US market also continued to rise after the breakthrough as expected. But there are also regrets. It continued to fall back at 12 o'clock in the morning. In the formula time point, we will make a summary at 12 o'clock every night. On the one hand, the Asian market is now big, and we will make a layout at 7-8 o'clock the next day, and also make a summary for the day. Yesterday at 12 o'clock, it returned to the prototype: the first thought is that it was short at 7-8 o'clock this morning, and gold was weak. Today, it is still the same. In this form, don't look at the continuous positive cycle of the daily line. Instead, the yin and yang lines in the shock are interchanged. Today, we see a break and fall. For operations, it has been emphasized recently that the Asian market fluctuates greatly, and the focus is on the layout at 7-8 o'clock. Therefore, you can go short in the morning, the upper watershed is 2649, and the lower target is 2627-29. In addition, if it falls below 2630 today, then it is still short in the European session. Due to the oscillation pattern retracement, pay attention to the entry point at 618, and the extremely weak 382, ​​which refers to the entry point for the second rebound when the intraday high falls to the low.
TVC:GOLDShort
by AIan_Gold
1
The daily hammer of gold market is extended and rubbed.From the technical perspective, the price of gold continues to fluctuate within the convergence triangle area. The decline on Monday this week is consistent with the characteristics of a volatile downward trend, with the lowest intraday price reaching 2620, which is exactly the starting point of the stabilization and rebound last week, highlighting its key support significance in the volatile market. As the price falls, the market has fallen below the volatile upward support line and is under pressure from the previous high of 2650, with a significant double suppression effect. Looking ahead to the intraday trend, the suppression of the 2650 line still needs to be focused on this trading day. Given that gold is still in the volatile downward stage of the large-cycle convergence triangle and the downward trend has not yet ended, there is a possibility that the price of the market will fall below 2620. Therefore, in the short term, we maintain a bearish mindset, with 2650 as the key suppression level, and are bearish on gold. However, in the context of frequent interweaving of long and short factors, investors need to pay close attention to market dynamics and flexibly adjust strategies to cope with changes that may occur at any time.
TVC:GOLD
by AIan_Gold
1
Gold Long Term Analysis Dec 1stWe saw another week of volatile movements for Gold. This time, the movement appeared to be influenced by news of Trump's pick for Treasury Secretary and the Ceasefire announced between Israel and Hezbollah. This resulted in a sudden drop in the Gold price at the start of the week before we saw some significant economic news released towards the end of the week. The announcement of the ceasefire resulted in some some risk-on movement of money as the market viewed this as an easing of tension in at least one geopolitical hotspot. Some sabre rattling from Russia, mean that this was short lived. Whilst the reaction to Trump's nomination of Scott Bessant for Treasury Secretary seemed a little confused given his more muted comments about the use of tariffs and stated desire to reduce the budget deficit. Both of these, on the face of it, would help to ease inflation and make the Fed's job of lowering rates much easier and should have been a support for the Gold price. Towards the end of the week it appears that the market had better parsed the implications of this pick. On the economic front we had inflation, GDP and labour market numbers broadly come in at expectations along with the FOMC minutes talk of a potential slowing in rate cuts. The probability of a December rate cut increased slightly as yields and the US dollar both dropped. It is possible that the the observed volatility in Gold prices continues in the short-term leading up to the Fed's interest rate decision in December and the economic implications of Trump's policy statements and cabinet picks continue to be debated. Looking at the current trend, we have seen periods of sideways movements following an upwards movement in the price and it is likely that we are entering another phase leading up to the innaguration of the president elect. It has been pointed out the the last seven years have seen a rally in Gold prices, but it is unclear whether the conditions are present for an eight. If the Fed chooses to hold off on a rate cut in December, then there's a good chance we won't. I will look at the likely price movement leading into next week in another post.
OANDA:XAUUSD
by dgowty
Gold Price Analysis For Next Move? Read CaptionOANDA:XAUUSD dropped from 2790 and currently trading on 2557 it will consolidate here from range of 2546-2557 and will make a rectangle pattern , once rectangle constructed it will breakout the rectangle and give the targets given in chart. Gold have just completed its Elliott 4th Wave in Day time frame and also completed 5th impulsive wave in short time from from H1 to 5min now, now it will do corrective move in short term and 5th impulsive move in high time frame
FX:XAUUSDLong
by GoldMasterTrades
3
Long Position Stuck, Currently Reversing the LossesYesterday, the long position got stuck, but I have been using scalping on shorter timeframes to recover the losses, and now it's turned into a profit. With the remaining time today, I believe gold will rise to around 2630. During the process, I adjusted stop-loss levels and position sizes flexibly, capturing short-term fluctuations to turn the situation from a loss into a profit. Moving forward, if the price of gold continues to rise, I will maintain the long position and adjust the strategy according to market movements, with the target around the 2630 level.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
1
Gold let's go ( Repost )- if we just analyze FA basically, the world political climate, fear of wars, Covid, Crises, inflation, Gold will always remains for the old generation the best store of value. - i don't show indicators to keep the chart clean but Gold is turning green and extremely bullish on Monthly Timeframe. - Gold made a constant flat accumulation between 2021-2022. - BB starting to be thinner ( sign of a move ). - This is a Medium/Long Term investment ( 2023 ). -------------------------------------------- Trading Parts : -------------------------------------------- Buy : Now TP1 : 2300$ TP2 : 2500$ -------------------------------------------- - i will post my old gold analysis in comments. Happy Tr4Ding !
OANDA:XAUUSDLong
by thecryer
10
Gold Expected to Rise, Target at 2733A great weekend has come to an end, and last week brought us substantial profits. This week, let’s aim for another strong start! Gold trading opens in just half an hour. On Friday, the price of gold showed limited movement, slightly different from our expectations, but this is not a concern—the rally is still on track! As of Friday’s close, gold prices hovered around the MA5 level without fully breaking through, suggesting some resistance. However, a broader time frame shows that the overall rebound isn’t over yet. Friday’s movement was merely an initial attempt to test the MA30 resistance, with the major resistance level expected at the MA60. With this in mind, my strategy this week is to buy gold below 2680. The first target range is 2685-2696, the second target 2706-2712, and the final target 2721-2733. Here’s to another profitable week ahead!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Gold Drops $100! Is Now the Perfect Time for a Pre-Rebound Buy?With Trump’s presidency and his economic focus, gold prices have taken a sharp plunge, dropping nearly $100. While I anticipated a decline, this significant drop exceeded my expectations. Fortunately, we managed to close out our long positions above 2700 and also capitalized on a successful sell-off during the New York session. Gold has now fallen below 2660 and remains pressured under the MA5 on the 30M chart. However, I believe a strong rebound is imminent. I estimate that gold could reach a solid bottom around 2646, with a possible low near 2631. On the 1D chart, the MA60 sits at approximately 2618, though I believe it’s unlikely to drop that far today. Today’s plan is to buy on the dip, with an eye on a potential rise to around 2780, after which I’ll shift strategy to selling. By seizing this potential rebound, we stand to capture considerable gains!
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Gold Trading Insights Ahead of the Election!Although gold didn’t fluctuate much today, our returns were quite impressive! These small range movements create excellent opportunities for agile buying and selling. As I mentioned yesterday, the New York market did indeed decline today, and the buy signal I provided at the open hit the TP of 2745 perfectly. I then began selling, ultimately closing the trade at 2733 with great results. Tomorrow is the election, and I believe the results will boost the dollar, which could lead to a drop in gold prices. I plan to continue selling during tomorrow's New York session. What do you think?
FOREXCOM:XAUUSDShort
by MichaeliaDefoe
Clear Outlook for Gold Rebound: Bulls May Retest 2753At today’s opening, gold formed a long lower shadow, indicating that support remains intact. Currently, the MA5 is undergoing a shift from support to resistance, which, if successful, could signal a short-term bullish trend and a potential move higher. I expect gold to approach the MA60, around 2745, followed by a pullback to retest the MA5 to confirm support, potentially reaching 2753. Thus, buy orders placed on Friday may see profits today. However, as we approach the New York session, gold may encounter downward pressure. The daily chart shows a notable bearish divergence, suggesting a long-term trend shift. Barring a major bullish catalyst, this divergence may only resolve through further declines or consolidation. Iran’s possible retaliation could serve as a pivotal event. Meanwhile, tomorrow’s U.S. election is expected to bolster the dollar, potentially adding pressure on gold. Today’s strategy favors buying, but attention should shift to selling opportunities tomorrow.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
Gold after U.S. election : Since rising tensions have played a significant role in the recent increase in gold prices, let’s look at each U.S. presidential candidate’s approach to handling these tensions and their future plans. Kamala Harris, representing the Democratic Party, is focused on diplomatic efforts to reduce conflicts in the Middle East. She generally follows the Biden administration's approach, aiming to ease hostilities through aid and international agreements, including a two-state solution for Israel and Palestine. This approach may help stabilize markets by reducing the volatility tied to prolonged conflicts. Donald Trump, the Republican candidate, takes a more aggressive stance. He supports a strong alliance with Israel, endorses military responses to threats from Iran and its regional affiliates, and prioritizes U.S. strength and independence. Trump's “America First” stance could lead to continued or heightened tensions, which historically correlates with higher gold prices due to investor flight to safe-haven assets. In summary: Kamala Harris: Diplomatic de-escalation, which may stabilize gold prices. Donald Trump: Military strength and strong alliances, likely to keep prices high in case of increased tension. These policy differences could significantly impact markets depending on which candidate wins. Please support us by liking and leaving comments!
OANDA:XAUUSD
by Market-Analyzer
Study of DXY, Gold, and Fed Fund Rates using 200MA indicatorBlack line: DXY (U.S. dollar index) Green line: DXY 200 week moving average Yellow line: GC (Gold futures) Blue line: DFF (U.S. Federal Funds Effective Rate) Since 1971 when U.S. dollar went off the gold standard, there have been 6 instances when the DXY crossed below its 200 week moving average while it was rising. At closing on 27 September 2024 was the 7th instance of this DXY crossing. Of interest: Performance of gold when DXY crosses below, until DXY reaches a local minimum. Results are highlighted in purple boxes. Of the 7 instances, interest rates were rising in 4, flat in 1, falling in 1, and presumed to be falling in the current scenario. The only rising rate period was 1985-92, when gold had a very marginal 4% gain. This was notably on the backside of the 1970's high inflation period. Technically, gold showed gains in all but 1 of these historical periods, with 1994-95 showing a 2% loss. Conclusions: 1) DXY trend reversal downward is not always, or often, associated with a U.S. interest rate cutting cycle nor is it strongly correlated with gold price gains. 2) The start of a U.S. interest rate cutting cycle is not predictive of gold price gains.
TVC:DXY
by StrobeT
Gold: Corrective Rebound Expected Before Further Decline Yesterday, gold experienced extreme volatility, surging before a sharp sell-off. Today, the market should see less fluctuation as much of the news has been priced in. However, another key report is expected during New York trading hours, and I believe short positions will be more favorable following its release. Before the data comes out, a long position could be effective, given the steep decline yesterday. There is likely to be a corrective bounce as buyers step in to capitalize on the sharp drop, so I see going long ahead of the news as a good move.
FOREXCOM:XAUUSDLong
by MichaeliaDefoe
8.28 Gold operation analysisGold hit the upper Bollinger Band in 4 hours, and the long orders at 2507 have made profits first. It is expected that gold will retreat to the vicinity of the middle band. Today, gold is likely to hit a new record high again. The daily line has three consecutive positives, and the bulls are ready to try to break the record high. The conservative approach is to wait for the gold price to fall back to the middle band again before we go long. In the strong upward trend of gold, do not buy the callback, and go long at will. Technology leads the direction, ideas lead the market, and accurate points are the key to success Trading strategy: Long gold near 2505, stop loss 2495, target 2540
TVC:GOLDLong
by David_strategy
1
Gold short-term operation analysis suggestionsGold fluctuated and rose under the speech of Fed Chairman Powell, rising from 2504 all the way to 2516, an increase of 12 points, and then consolidated and tested back and forth, but failed to reach the resistance point of 2520. Powell made it very clear in his statement that inflation is falling. In addition, the Fed believes that inflation will continue to fall and employment has not been adversely affected. Powell wanted the market to know that the Fed was not behind the curve. By clarifying the possibility of a rate cut in September, Powell is actually cutting interest rates a month in advance. The timing of the first cut is clear, and the magnitude is still in suspense. I don't think the Fed will suddenly cut interest rates by 50 basis points. Slow and steady is the way the Fed hopes to implement easing policies in the early stages. Resistance level 2520 2530 2550 Support level 2505 2500 2490
TVC:GOLDLong
by David_strategy