Gold strategy
Gold after yesterday's rise, the highest level is 1963.32, without breaking through 1965 there is still a chance for us bears. At present, gold is still at a high level, for the current market, can it continue to go short? In this regard, I think that the short-term can be bearish within the day, mainly depending on the strength of the decline
My view of gold in the near future is to see it finish the downward trend at the bottom position and then lay out the rebound market. But before the non-farm payrolls announcement, gold began to enter a correction period
My general view of gold at the moment. Last night was the release of relevant US economic data, simply put, house prices rose, indicating that the real estate market is developing well, which is good for the US economy and bearish for gold. As well as the consumer confidence index, the release value is higher than expected, which can also indicate that the US economy has been boosted, and the masses have begun to remain active in the consumer market, which is also positive for the dollar and bearish gold.
Looking at the short-term 1 hour, gold began to fall from the high of 1959 this morning, the lowest was to the position of 1954, and after an hour of line change, it began to rebound again. The current narrow range of oscillations is 1950-1960, with the initial resistance above the 1965 area, followed by the upward look above 1970.
This sudden rise will inevitably push up the support in the short term of gold. 1950 became the first support, 1940 became a strong support, if this level can be broken, then we will continue the previous short strategy.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Goldmansachs
Gold trading recommendations today
Gold rebounded but 1950, continue to be short
The current decline of gold is still the same, the rebound is not under pressure, and it will continue to make new lows after the shock! Relying on the key pressure position is short
The current gold is undoubtedly still in a downward trend. On the 4-hour level, gold fluctuates all the way down! And it keeps breaking new lows, and the high point connection forms the suppression of the current downward trend line! It is also the key resistance of this rebound!
Before breaking through the suppression of the downward trend line, gold will continue to fluctuate downward, and will continue to break new lows! The longer the shock, the stronger the explosive power!
Trading straregy:
gold: sell@1950 tp1:1935 tp2:1925
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 trading analysis of the week
Over the weekend, Biden announced a debt ceiling agreement, which made the risk of default that the market feared disappear and was bearish for gold in the short term
The Fed raises the debt ceiling, the dollar in the market will naturally increase, thus affecting inflation, inflation will reverse and rise again, the Fed will use interest rate hikes to suppress, interest rate hikes will affect the dollar index higher, and gold and the dollar are negatively correlated, is bound to continue to suppress gold
In 2019, the Fed raised interest rates many times, gold was mainly wide or slightly down, and when the interest rate cut came in July 2019, gold ushered in a rise, which can predict that this interest rate hike gold prices will fall or fluctuate
Trading Strategy:
gold:sell@1950-1955 tp1942-1938
If you are not satisfied with your trading results, you can join me, I can provide you with professional account management, follow my signals to trade together, and maximize the profit of your account
XAUUSD BUY PROJECTION 28.05.23Reson Behind XAUUSD/GOLD Bullish
1. Tecnically Obey Strong Suport @ 1920-1925
2. Retrace the Paralle Trendline and Make Contination in Trend
3. Formation of Double Bottom Make teh pair to Make Higher High
Fundamental DXY Analysis
Marlet clearly Breaked Resistance and trend line and Moving over the Higher Resis of 105
If market Obey the support @ 105 then the Gold Make the strong Bullish Over teh taget Price of 2020
Overall Possibel outcomes
XAUUSD BUY @ 1920-1930
SL 1890
TP 1 1982
TP2 2020
GOLD: WHAT WILL HAPPEN?Two of the strongest months for gold tend to be January and August. However, over the last 25 years, the weakest month for gold has been March. The early bounce in gold around the turn of the month has largely been on a retracement in the USD and yields after heavy re-pricing on Fed rates. However, the outlook moving forward for gold is likely to continue to reflect the path of US rates. Aggressive Fed hiking expectations, especially if Fed speakers start to talk about rates at 6%, would likely pressure gold further. This could be enhanced by the seasonally weak month for gold.
Sell GOLD zone 1952 - 1955
Stoploss: 1957
Take Profit 1: 1945
Take Profit 2: 1935
Take Profit 3: 1925
GOLD: Stalls on the offer after FOMC minutesFOMC minutes, key notes
Some participants commented that additional policy firming would likely be warranted at future meetings.
Some participants stressed it was crucial that policy that the statement not signal the likelihood of rate cuts this year or rule out further hikes.
Fed staff continue to forecast mild recession starting later this year, followed by a modestly-paced recovery.
Several participants said if the economy evolved along lines of their outlooks, further policy firming might not be needed.
Participants generally agreed that the extent to which further interest rate hikes may be appropriate had become less certain.
Many participants focused on need to retain optionality after May meeting.
Participants judged that the banking sector stress would likely weigh on economic activity but to an uncertain extent.
Participants agreed that inflation was unacceptably high, and are declining slower than they had expected.
Some participants noted concerns that the Federal debt limit may not be raised in a timely manner, threatening significant financial system disruptions, and tighter financial conditions.
Gold has made consecutive profits this week
In the last analysis I said that the resistance level is in 1984, and then without a strong breakout in 1984, gold will continue to fall, which is a good short opportunity.
As long as the direction is right, you can make money in any way
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!
Analysis of today's gold trading
The fundamental news of the debt ceiling is still the key. It is worth noting that if the dollar rises due to the approaching deadline of the US debt ceiling, gold may experience a deeper pullback. If the debt ceiling is resolved, then gold will keep rising.
From a technical point of view, gold is still short in the short term. 1950 below gold has become the most critical position to open up the downside space. Once it breaks, gold will continue to test the vicinity of 1940-1930-1900, effectively breaking below 1900, and gold will make up for the 1868 gap. Direction
However, if gold maintains above 1950, it may regain support, and it may continue to test the possibility of 1984-1990-1996, effectively standing above 1996, and gold may test the vicinity of 2002 US dollars. At the same time, 2002 is also a key resistance level. Only a breakthrough can see the 2012-2022 area, but at present, gold does not have that much momentum in the short term.
Trading advice: Go short in a high position and go long in a low position
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: Gold's next direction!Stagflation to take USD even higher
The demand for goods and services across the world is facing challenges due to inflation and high input prices. This is impacting the purchasing power of consumers and profits of companies. However, the energy sector is less affected. The global monetary conditions are also tightening, which contributes to the current downturn. Despite this, the US market continues to offer high-interest rates and foreign investors find equities attractive. Hence, the US is expected to attract capital, which can strengthen the USD.
GOLD: The return of the uptrend!Fundamental Overview
On Tuesday, XAU/USD experienced a drop to its lowest point of $1,954.22 during European trading hours. This was due to market concerns which increased demand for the American currency. However, gold was able to regain some of its value against the US Dollar and is currently trading at around $1,972. This marks the second consecutive day of little change in value. Financial markets are currently cautious due to uninspiring macroeconomic data and uncertainty surrounding the Federal Reserve's next steps. In early May, US policymakers raised rates by 25 basis points and suggested that future decisions would depend on data and be made meeting by meeting. This cautious approach led to a pause in hikes as Fed officials expressed concern over the impact of additional tightening on the banking system.
Plan trade in the intro
GOLD: TREND!Fundamental Overview
Gold price struggles to capitalize on Friday's goodish recovery move from the vicinity of the $1,950 level, or its lowest level since early April touched on Friday and kicks off the new week on a subdued note. The XAU/USD seesaws between tepid gains/minor losses through the early European session and currently trades around the $1,980 area, up a little for the second straight day
Gold stays below $1,980 as US yields edge higher
Gold rebound continues to be empty
The triple top of the gold cycle and monthly line is now only rebounding, and there is no reversal trend. After the rebound, it will continue to fall. The downward line of gold is suppressed for 1 hour, and the moving average bears run downwards.Most of the rise in gold is not sustained, waiting for emotions to be released and continuing the original trend.
Since the trend has not changed, it is that the rebound continues to be empty
Trading straregy:
gold: sell@1982 tp1:1970 tp2:1965
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 has made a profit on short orders this week
Recently, we have been emphasizing the triple peak of the gold cycle and monthly line. The current rise is only a rebound stimulated by the news. There is no reversal trend. After the rebound, it will continue to fall. The 1-hour downward trend line of gold is suppressed, and the moving average bears run downwards.
Since the trend has not changed, it is that the rebound continues to take advantage of the bearishness and carry the bears to the end.
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: Macro headwinds to keep pressure on Copper prices
Copper's price outlook is influenced by recession fears, China's Covid-19 restrictions, and the Fed's interest rate hikes. These factors will continue to impact copper's short-term price outlook, but its price support should remain above $7,500/t until 2023 due to tightening supply. We predict that copper prices will only improve when there is a positive global growth outlook.
Plan trade in the intro
GOLD: Is the market stable?Technical Overview
Gold price prods lower line of a two-month-old bullish channel as the GOLD traders brace for the key United States Retail Sales and debt ceiling negotiations among the US policymakers.
Given the steady Relative Strength Index (RSI) line, placed at 14, as well as the sluggish signals from the Moving Average Convergence and Divergence (MACD) indicator, the Gold price is likely to grind lower.
SELL GOLD zone 2024 - 2027
Stoploss: 2032
Take Profit1: 2015
Take Profit2: 2005
Take Profit3: 1995
Note: Set full TP, SL to win the market and be safe in trading!
XAUUSD:Ideas and suggestions
Gold rebounded as scheduled today, but it did not break through the pressure of 1970. It is a normal rebound in the decline. It is still a bearish trend. It is still short and bearish under 1970!
Everyone is paying attention to the upcoming Fed meeting. Powell's speech is hawkish. The US dollar may strengthen further and gold will fall.
You can wait for the opportunity and pay attention to my signals so that you can make more profits
The golden direction is right, it's all right
Today is the same as I expected, continuous short selling and continuous profit.I didn't make more than one order, and after the direction came out, I dared to enter.This time the gold price is the same as my judgment
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 rebounded and shorted
Gold has been profitable for three consecutive days, and today gold rebounded and shorted
The golden cycle has a triple top, the 1-hour downward trend line is suppressed, and the moving average bears are running dead ends. There is no sign of reversal, so we continue to be bearish
Trading straregy
gold: sell@1965 tp:1950-1945
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 SELLHello traders. According to my analysis of the gold market. There is an opportunity to sell. With gold not breaking the strong support in the 2035 area. With a negative candlestick forming on the 2-hour time frame. There is an upward channel that gold cannot break through, good luck to everyone.
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Gold analysis
The current decline in gold does not mean that the profit opportunity has been lost. This decline adjustment is also expected. Then we must find an accurate buying point in the next transaction. In the short term, although the gold price is relatively low, it actually gives us a greater possibility of profit.
It is predicted that in the end, there is still a high probability that it will continue to rise to near 1970, so we cannot blindly short next. It is recommended to continue to go long near 1955 and wait patiently for the market to pull back.
Trading strategy:
gold:buy@1950-1955 tp1965-1970
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. If you need signals, join me as soon as possible!
Gold continues to be shorted
There is still a wave of falls in the gold price here, and it will fall to 1970 today.
Yesterday, I continued to short and made continuous profits. Now the key support level of 2000 has been broken, and it continues to be short below 2000. It is expected that 1995 will continue to enter the short order. I judge that the ultimate goal of this wave of short orders is to fall below 1970, because only in this way can all the bulls be turned over and their last line of defense be broken.
Trading straregy:
gold: sell@1995 tp:1970
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 2000 support has been lost
Gold reached the 2018 shock as expected yesterday and then fell back. In the afternoon, the market fell to the 2002 line. Although the market rebounded in the evening, the 2015 line above encountered resistance again.
Subsequently, the market continued to fall sharply and adjust, falling below the 2000 integer mark, and falling to the 1985 line before it stopped falling. The current increase is not very strong, so today it continues to be bearish as a whole, supporting 1980-1970, and the pressure level is 2000.
Trading signals
Gold:sell@1995-2000 tp1985-1980
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!