Gold: bad data, continue to be short
Gold has made it clear that the current price of 1950 in the European market is directly shorted, and the data in the US market is bearish, so continue to hold the short order! Bearish, the US market pays attention to whether 1940 breaks!
From the trend point of view, gold belongs to the shock trend! But in the process of the shock, the center of gravity continues to move downwards, indicating that the bears dominate! Moreover, the non-agricultural data has the opportunity to use the data to break down.
But if there is no 1955 pressure prompted by a breakthrough, then continue to hold it. If the direction is right, you will not be afraid of the long way! Continue to be bearish!
Goldmansachs
GOLD/XAUUSD short Bounces in Bearish TrendThis pattern is technically analysed with the elite wave pattern in order to find the next possible sequence of the market. More importantly the GOLD is dependent on news & reports now so this week events/news will make it fall as my prediction, so keep an eye on news to gain the profit.
Gold: Shorting 1962-1965
Gold strategy: Gold 1960 empty, stop loss 1965, take profit 1930.
The obvious downward trend on the golden hourly chart, and the rebound hit the pressure position, is the beginning of another decline! And this fall will surely fall below the support of 1940, reaching around 1930!
Share this point of view with my friends, I hope you can make more money and realize your dreams. Friends in need can keep up.
Gold retest. A good buying opportunityHello, according to my analysis of the gold market, there is a good opportunity to buy. The market broke the downtrend. We also notice an ascending channel. A very positive green candle has formed on the 4-hour chart, confirming the strong entry of the buyers. All these factors confirm that gold is only for buying. Good luck to everyone
Charles Schwab - The Harbinger Of The Next Crisis?While I believe that the markets are currently standing on the edge of a cliff and will not produce a new all time high, it's very important to note that price action is yet to confirm that, with the most significant catalyst of them all being Wednesday's FOMC.
Wednesday's FOMC is important because whether the Fed hikes again and how much they hike will determine what happens with bond yields, which determines what happens to bond prices (inverse correlation), which determines what will happen with the U.S. Petrodollar.
There's no FOMC again until September.
I discuss what I think will happen this week in the following call:
ES SPX Futures - Welcome to FOMCmageddon
Charles Schwab is an important piece of the U.S. banking structure because it's the 10th largest bank in the country.
When you take a look at recent price action on banks, everything seems to be going pretty well, and it's almost as if the Silicon Valley Bank crisis never happened.
SIVB's demise, however, was a really significant canary in the coal mine because that particular bank was not only one of the largest in the country, but a major intermediary between the West's venture capital community and the Chinese Communist Party.
You just absolutely have to keep an eye on what's going on with China and the International Rules Based Order right now, because everything "Taiwan War" is really talking about how the globalists can take control of China as the CCP falls.
Based on this, I think Taiwan Semiconductor is a significant long hedge right now because it's not a component of the U.S. indexes, and is a world leader in silicon wafer production:
TSM - Taiwan, Your Semiconductor Long Hedge
China is the world's 5,000 year country and has huge natural resources and a huge population of very sophisticated people, so it's a target.
If Xi Jinping is smart, he will weaponize the 24-year persecution, organ harvesting, and genocide against Falun Dafa's 100 million believers to protect himself and the Motherland.
But if he does this it means that the entire world will quickly be implicated in the Nero-like persecution of spiritual cultivators of an upright faith. The impact on the markets, our society, and our reality will be extreme.
And oh so hard to bear.
I can only say if you want to be long at this point, you need to be hedged long on volatility or you might die.
VIX - The 72-Handle Prelude
The enormous Schwab dump from March, which you primarily see was a fully manifested failure swing only on the monthly bars:
Was spurred on by the banking crisis, which served as a prelude to the very significant bear market rally we've had.
Now everyone believes new highs are in order and everything is going to be fine. It's time to go long, go on vacation, and collect money while being hammered in a speedo at the beach with the other men.
What a painful hangover.
The problem with the more up more right now crowd's thesis on Schwab is that the entire range above where we're at, and we're already flirting with the 79% retrace of the March gap down, was already filled, which we see on the weekly:
Moreover, there are two significant price action problems with the bull case from a market maker perspective.
The first is that Schwab dumped to exactly $45.00 in the first place. Computers don't like preserving round numbers and people just love to put stops under/at psychologically significant whole numbers.
The second is that the COVID dump was likewise $28.00. And for the same reasons, that's even more dangerous.
I am predisposed to believe that Schwab is likely to be the next Credit Suisse-style big short, and may even be the vanguard for the next crisis that would take us under SPX 4,200 and towards 3,700 in accordance with the new JPM collar, which I discuss below:
SPX/ES - An Analysis Of The 'JPM Collar'
As for what the fundamental story will be, it's very hard to say.
But let's compare Schwab's monthly bars you see above to some other top 10 banks:
Bank of America Monthly
Does not show any indication of failure swings and really just looks like a healthy retrace.
While Wells Fargo does not look strong enough, it also does not yet indicate a real short setup on higher time frames
And this is even more true for JP Morgan
And Goldman Sachs
Which can be, at worst, only be said to be setting up for the first leg of a failure swing. At worst.
And thus it is extremely notable that Charles Schwab is as weak as it is.
My call is the thesis that the optimal short entry is already here, with some kind of flirtation with the $70.00 mark due for FOMC.
And if Schwab and the banking sector and the equities sector are truly bullish, that would be great, but I still expect a stab back into the "wick play" area before it would move to set a new all time high, which means $69 to $50 is really quite the win if you're short and quite the loss if you're longing the top or haven't taken profits.
If Schwab and the banking sector are really the catalyst for something as disastrous as Nasdaq 9,000, then the target is under $28 and you're more or less standing on the edge of The Big Short.
Right now, with the VIX as suppressed as it is and price as high as it is, January '25 $55 puts are only $3.7~ with at the money puts being $8.3~
Just selling them on a flirt with $50 again, let alone $44.99, is already a big win.
Humans never believe in anything until they can see it. It's one of their worst deficiencies.
GOLD: Today with news!Despite concerns about China's economic growth and a risk-off market sentiment, the US Dollar did not receive support as investors focused on the possibility of a more accommodative stance from the Federal Reserve. This resulted in a decline in the US Dollar and a rise in the price of Gold, reaching a two-month high of 1,988.
However, the situation changed during the American trading session as the US Dollar made a strong comeback, in line with the increase in US Treasury bond yields. Risk sentiment worsened due to disappointing tech earnings and renewed expectations of a more hawkish stance from the Federal Reserve, leading to declines in US stocks and Treasuries.
Gold Forexfactoryvn FCC Club by ForgVuSome of the same things did in the back, then left blank the same things will happen, you want to sell hate, nothing new or different is never, will happen, over and over again, now it's back to all that. landscape as said, they are a bunch of funny people, they are all "experts" they have "apps" all are waiting for the price to do it, looking for somewhere where they can "join" and make billions of dollars or waiting for the little eaters to be all right most of them are right, then top up the account again all these are the words and the candidate's words are all heard , the same market earners and losers always say it's usually someone's fault or that , leaving a lot of time to argue and go on with Stupid Things that didn't matter in the first place , great , like said the boys gave themselves a good show , the friend deserved with a better result , everyone does their own thing , but nobody here gives it
Gold 24/07 Fed hesitated in deciding to raise interest rates.Uncertainty over whether the Fed will pause its rate hike cycle persists, as US inflation is still trending well above the central bank's 2% annual target.
Other precious metals fell on Monday, with platinum futures down 0.1%, while silver futures fell 0.2%.
BUY GOLD zone 1948 - 1952
Stop Loss : 1942
Take Profit 1: 1955
Take Profit 2: 1960
Take Profit 3: 1965
Note: Installing TP SL fully wins the market and is safe in trading
XAUUSD:Trend Analysis 1965take off
Today's trend and analysis can be seen in my previous article, which can be said to be completely consistent. We emphasize today's support level 1965.gold sell@1980-1985tp 1970-1965 This is our plan for today. Our next plan is gold buy@1965 tp1980-1990.
More analysis and signals will be updated in time, and interested friends can keep up.
XAUUSD: 18/7 Gold Trading StrategyGold analysis: The gold short trading signal shared yesterday entered the market around 1959 and successfully made a profit.
Gold soared higher and fell back yesterday. The previous corrections have come to an end for the time being, and it is unknown whether the bulls can successfully take over and continue to attack the short-term high of 1963. At present, since gold rose to the high point of 1963, the trend has retraced and fluctuated sideways. Under this trend, we only need to confirm the range, and sell high and buy low within the range. We can see that the support position of the low point below has been moving up, especially the recent low point of 1945, which can be regarded as a new support level in the short term. At present, the resistance has changed to support, and the rise of gold is still relatively strong. Regardless of whether you are long or short, we just enter the market when we have a chance and make money.
Back to the topic, gold fell to the lowest point of 1945 on Monday and then began to rebound. The overall operation was above the 1954 line until the close, and the willingness of the bulls can be clearly seen. So today's operating strategy:
SELL: 1965~1968
TP1: 1958
TP2: 1955
BUY: 1950~1945
TP1: 1955
TP2: 1960
XAUUSD: 20/7 Gold Trading Strategy Today
Gold analysis: Yesterday’s gold suggestion was to do long orders in 1971-68. I gave the opportunity to our airport twice. I opened positions in batches around 1975/1973 and successfully won profits.
At present, the trend of gold continues to be high and volatile. It rose to the 1986 position before, and I also made an empty order for the 1985 callback. Gold has risen too much in the short term, and the position of the callback correction is not very ideal. According to common sense, the risk of shorting under such an abnormal trend is still relatively large, but judging from the recent trend of gold, it is very reasonable. At present, the overall trend of gold is bullish. When you operate, you mainly wait for the fall and go long. It is not recommended that you take the risk of making empty orders by yourself, and with the release of data, you must be more cautious in operation.
Back to the topic, the current upward trend of gold is becoming more and more obvious, today's operating strategy:
BUY: 1973-1970
TP1: 1980
TP2: Above 1985
For more trading signals, please pay attention to the follow-up TV updates↓
GS The Goldman Sachs Group Options Ahead of EarningsIf you haven`t sold GS here:
Then analyzing the options chain of GS The Goldman Sachs Group prior to the earnings report this week,
I would consider purchasing the 330usd strike price Calls with
an expiration date of 2023-7-28,
for a premium of approximately $5.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Gold 7/19- FED, USD and Gold - Trader's battleAll eyes are now on the Fed and what they will do with rates when policymakers sit down on July 26 to decide on rates.
While the Fed's so-called Federal Open Market Committee decided to pass a rate hike last month, economists think they will most likely vote for a 25 basis point increase this time around. consistent with recent rate hikes.
BUY GOLD zone 1962 - 1965
Stop Loss : 1957
My taget is: 1970$ - 1985$
Note: Installing TP SL fully wins the market and is safe in trading
GOLD: What happened last week?The US financial markets had a half-day of operation on Monday and were closed on Tuesday due to the Independence Day holiday. As a result, there was limited trading activity at the start of the week. However, the price of GOLD managed to increase slightly on Monday thanks to the lower-than-anticipated ISM Manufacturing PMI report for June.
XAUUSD: About today's CPI strategy within the dayYesterday, gold directly broke through the previous double top of 1935, which broke the previous standard shock range. Therefore, the trend of trading is a bit unclear, and the long and short positions are a bit difficult to ride. Although it has broken through 1935, there is no unilateral pattern, so it is difficult to be optimistic about a big rise, but it has already broken through 1935, and it is difficult to see a big drop, so shorting is also more difficult.
From the perspective of cycle technology, the daily line has risen slowly since last week, Lianyang has risen, and since it broke the 1935 double top, it has begun to stand firmly above the Bollinger middle track of the daily line cycle. Then, this wave of gold is on the track in the daily line The demand at the high point of 1955, therefore, try to do long-term long-term transactions in the near future, and short-term retracement. However, there is no clear unilateral state in the H4 cycle. At least for the time being, Bollinger has not opened his mouth. Therefore, there is still the possibility of falling back and oscillating. Then, the key within the day is to look at the size of the falling space. The lower support is at 1928, 1920. If the Asian-European market falls below 1928, gold will enter the shock cycle again
The U.S. market may use the CPI data to scan the market up and down, and the range is expected to be 1940/1912. If the Asian-European market does not fall below 1928, it can continue to increase on the support of 1928. Continue to look up and break the position. The U.S. market may use the CPI data to rush higher. Focus on 1940 and 1955 above. Therefore, the whole day market focuses on the gains and losses at 1928 points. For transactions before the intraday CPI data comes out, if gold slowly rises to around 1940, you can short-sell to see the room for a fall, and then combine the above-mentioned key points to see the gains and losses, and then decide whether to keep the short order.
GOLD: US PPI eyedThe US Dollar Index (DXY) has remained steady at around 100.50 after a five-day decline. The United States Consumer Price Index (CPI) has softened, reducing concerns about a potential recession. The US Producer Price Index (PPI) data will be closely monitored on Thursday.
Regarding interest rate guidance, Commerzbank economists noted that inflationary pressures in the US are decreasing. In June, consumer prices increased by only 0.2% from the previous month. The core rate, which is a significant measure of the underlying trend and excludes energy and food, also increased by only 0.2%. This is the smallest increase since February 2021. Although the Fed is expected to raise interest rates at the end of the month, the data supports the idea that this will be the final hike.
GOLD - Head and shoulders pattern is formedThe yellow metal retains support at $1,900 an ounce as a significantly weaker-than-expected nonfarm payrolls report dented the dollar and boosted hopes that the Federal Reserve near the end of the rate hike cycle.
However, Fed officials said the bank still needs to raise interest rates in the near term to combat overheating. Markets are broadly pricing in a Fed increase of at least 25 basis points by the end of July.
SELL XAUUSD zone 1936 - 1938 - Stoploss 1945 (scalp)
SELL XAUUSD zone 1948 - 1950 - Stoploss 1957
Note: Installing TP SL fully wins the market and is safe in trading
Notice when Gold Break Out from the price range 1930$ - 1932$ and close above this price range. This easily helps Gold reach its target of 1940$ - 1945$ - 1950$ in the short term.
When trading the breakout method, pay attention to place the stop loss at the nearest resistance area of $1924
Conversely, if the Triple Top is formed first, Gold will return to $1907 - $1905, This will help us form a long-term Buy strategy.
Today's GOLD - Range is narrowingGold moved closer to the $1,900 average on Friday after a weaker-than-expected US June jobs report suggested the Fed's hawkishness had eased, as its policymakers The central bank sat down to assess the next rate in three weeks.
This week, a daily close below the $1910-$1900 range will prolong gold's correction, pushing it towards $1885 -$1866 -$1845.
On the contrary, if the economic data is supportive for gold, and the $1932 price zone is broken out and held, it is likely that the price will continue to recover above the $1950 level.
Set up: BUY GOLD zone: $1919 - $1917 - SL 1910
SELL GOLD zone: $1930 - $1933 - SL 1938
Gold trading recommendations today
Gold fell sharply yesterday in a small non-agricultural situation, and today it is a large non-agricultural situation. The decline continues, and the pressure position continues to be short.
Gold's current rebound is over, and it will resume its decline! From the perspective of the 4-hour level, this rebound hits the suppression of the long-term moving average and then directly turns downwards, and directly falls below the support of the short-term moving average! The current K-line remains below the moving average, and the short position is in a downward trend! Rebounds are short opportunities!
The current pressure is the reverse pressure position of yesterday's consolidation, and it is also the short-term moving average 1918 position! Relying on this pressure position within the day, the position is dry and bearish! After the big non-agricultural data, it is expected to further break the new low and continue to fall!
Trading straregy:
gold: sell@1918 tp1:1900 tp2:1890
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!
GOLD: New developments in the market!It is interesting to note that despite the sluggish markets, the negative US data and the Gold buyers not being deterred, the hawkish Fed bets remain unchanged. On Monday, the US ISM Manufacturing PMI for June dropped to its lowest level in three years, staying below the 50.0 level for the seventh consecutive month. It recorded a figure of 46.0, which was lower than the expected 47.2 and the previous reading of 46.9. Additionally, the S&P Global Manufacturing PMI for June confirmed a figure of 46.3, the lowest in five months. On the positive side, Construction Spending improved by 0.9% MoM for May, surpassing the expected 0.5% and the previous 0.4%.
Despite this, S&P500 Futures saw a decline while Wall Street managed to achieve minor gains.
Looking ahead, it is uncertain how the US holiday and light calendar elsewhere will impact the market's direction.