GOLD: Long-term developments!It remains to be seen whether the USD bulls can maintain their dominant position or take some profits off the table before the release of the US Core PCE Price Index - the Fed's preferred measure of inflation. Important data is due at the end of the North American session and will impact expectations for future acceleration. This, in turn, will drive demand for USD and provide a new directional impetus for Gold prices, which seem poised to end the quarter in negative territory for the first time since September 2022.
Goldmansachs
Gold falls cautiously below 1990 mark——Powell's super-"hawk" interest rate hike attitude is shrouded, and the gold 1990 mark is in jeopardy——
At noon in the Asian market on Thursday (June 29), gold shorts approached $1,900, and Federal Reserve Chairman Powell reaffirmed his super-hawkish stance.
The analysis pointed out that gold is no longer a good hedging tool against economic difficulties and has become another cyclical economic asset because it is linked to low interest rates and global economic growth. Powell once again emphasized that it is expected to raise interest rates two or more times before the end of the year, stimulating the US dollar index to stand strongly at 103.20, and the pricing of resuming interest rate hikes in July set off a wave again.
The Fed continues to suppress gold prices: Powell "falcons" again: it may be necessary to raise interest rates at least twice. Federal Reserve Chairman Jerome Powell spoke at the "Fourth Financial Stability Conference" hosted by the Bank of Spain in Madrid, Spain on Thursday. Powell said at least two more rate hikes will likely be needed this year to bring inflation down to the Fed's 2% target. Powell said on Thursday that a large majority of committee members expected two or more rate hikes by the end of the year to be appropriate. He was referring to the Federal Open Market Committee (FOMC), which sets policy.
——Gold technical analysis, how to operate in the US market?——
Gold Looking at the daily line, gold has slipped further below the 20-day simple moving average (SMA) and the 100-day SMA, which are currently converging at 1943.40. Meanwhile, technical indicators are moving down in negative territory, approaching oversold readings, with no sign of the downside drying up. Looking at gold from the 4-hour line, the risk of gold price tends to go down. Gold prices are well below the bearish moving average, with the 20-period SMA acting as dynamic resistance at 1920.80. Additionally, technical indicators remain in negative territory, with the Momentum Index consolidating and the Relative Strength Index (RSI) rebounding modestly, but currently in the mid-40s.
In the gold operation in the evening, I still recommend rebounding and shorting!
US market gold operation strategy:
Empty order strategy: It is recommended to go short at 1908-1910, stop loss at 1917, and target around 1890
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!
Gold trading recommendations today
Gold 1913 direct multi
For today's gold, first of all, today is the last trading day of this week, be wary of short profit-taking. Secondly, with the continuous decline this week, there is also a demand for rebound in the short term. Thirdly, judging from the 4-hour chart of gold, the current 1910 area below has met obvious support, and there is also a clear rebound signal in form.
Trading straregy:
gold: buy@1913 tp1:1925 tp2:1930
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!
Gold is up 40% today6.20 Gold market trend analysis:
Gold closed yesterday in a narrow range, the daily line entity is not large, the star K line closed. In the short term into the contraction shock, yesterday due to the early closure of the holiday market, the space to further shrink, the technical structure temporarily entered the contraction of the Braindao oscillating operation. On Monday, the overall volatility of gold was smaller and went downward, recorded a bardo, on the daily line, gold is currently holding in the slow consolidation of the downward channel, the high point gradually moved down and may form a downward triangle, which suggests that there may be continued downside space on the daily trend. In the trend of the 4-hour level, the K line continues to bear the short-period moving average, showing a weak operating trend. Although there was a small rebound in the morning, it was not strong and had been repaired in technical form. Therefore, in the short-term trend, gold still shows a weak tendency.
The hourly line shows a clear return of the interval, and the early positive line in the daily line structure indicates that the market has a certain resistance, but the rebound height of the positive line is still limited by the suppression area. After the second correction of the market, the market still has downward expectations. The Breindau upper track coincides with the upper track resistance 1970 of the recent oscillation zone. Down the track around 1932. A few trading days before the beginning of this week, the large probability is to maintain a range of shocks, and can not see the momentum of breakthrough for the time being. There is no shock trend of breakthrough kinetic energy, and the unilateral quantity is insufficient, which will form repeated sawing and washing disks. Operation on the card point is the key. The direction is second. Short line grasp on the rail empty rail. Try to stay close to the edge of the range, and the stop loss level is relatively small, which also reduces the possibility of being washed. Today, gold has a further pullback risk, short-term above the focus on ma5 pressure is near 1953, the price is expected to rely on 1953 resistance to test 1938 and lower support. The lower support area is concerned between 1940-1930, in summary, today's gold short-term operation ideas suggest that the rebound is mainly short, the callback is supplemented by more, the above short-term focus on 1958-1960 resistance, the below short-term focus on 1940-1938 support, friends must keep up with the rhythm. To control the position and stop loss problem, strictly set the stop loss, do not resist single operation. The recent market turbulence is large, opportunities and risks coexist, and risks are controlled
Strategy one: Gold rebound around 1952-1955 batch short, stop loss 1961, target near 1940-1935, break to see 1930 line
Strategy two: Gold callback near 1930-1932 batch long, stop loss 1924, target near 1940-1945, break to see 1950 line (recommended for reference only, the actual operation according to the real-time operation of the disk)
XAUUSD:Trading advice for the day
Last week there was a lot of news, focusing on the CPI and the Fed interest rate decision, Tuesday's CPI out of the bullish situation out of the plunge space, gold above 1970 seems to form a strong suppression failed to break, Wednesday announced the Fed interest rate decision, gold plunged again, broke the 1932 support point, to the 1925 low, but the bulls did not give up, once again out of the reversal of the big rise space, Friday once rose to the 1968 high, obviously gold into the shock cycle again. So, overall, although gold has room to soar and fall last week, it has not changed the direction of the trend.
Gold is still trending this week. There is no important data in the market this week, focusing on technical performance, after the shock at the end of last week, gold closed around 1955, the daily line closed high again Doji, judging by the daily cycle, Thursday a big sun closed above the lower Bollinger band, Bollinger closed again, although Friday the daily line closed negative, but did not affect the performance of temporary range shock, the maximum range of the daily cycle in 1980-1932.
There is a great opportunity to earn money this week, contact me and let's earn money together
GOLD: Risk of USD!The dollar and the US financial situation are currently facing two interconnected crises, which are putting confidence to the test. The US Treasury Department has issued a warning that if Congress fails to pass a bill to increase the public debt ceiling, the US government could potentially default on its debt by early June.
Maybe set up plan: BUY XAUUSD zone 1938 - 1940 with Stoploss at 1935. Take profit at 1965
The most clear trading signal of gold in the whole network!On the daily basis, gold is showing a bearish consolidation above the 100-day moving average and the 50% Fibonacci retracement of the uptrend from late February to early May (currently around 1940). The MACD indicator resumed bullish momentum, but the Relative Strength Index (RSI) stabilized near 50.0, indicating that the bearish move will continue. Gold from the 4-hour line, the relative strength index RIS is still in the 60-30 neutral weak area, while the MA200 moving average continues to form a pressure, is currently near 1977. The future outlook remains uncertain.
Overall, I still recommend a wide range of volatility in the evening gold operation.
Evening Gold Operation strategy:
Short order strategy: recommended 1955-1957 short, stop loss 1964, target near 1944;
Multi-single strategy: Recommended 1944-1942 long, stop loss 1937, target near 1955.
Contact me to start your 200% profit week trading this week
Gold trading recommendations today
The current gold cycle is still in a bearish downward trend, with three major peaks on the weekly line, and continuous new lows on the daily line. In the short-term, gold is in the process of large-scale shocks from 1940 to 1980, which is a falling relay pattern. ! After the shock, it will surely fall to a new low again!
After the current gold bottomed out, it quickly returned to the range and continued to oscillate. After encountering resistance, go short on the band!
Trading straregy:
gold: sell@1960-1955 tp1:1950 tp2:1940
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!
Can gold still be short?
Gold rose from around 1926 to around 1960 today, after the data was released, gold showed a significant pullback, currently stable below 1960, short-term did not break through 1960, we must know that the impact of data on gold is temporary, the rise of gold will also give us a better short position, and gold from the overall trend, gold short will have greater profit opportunities
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!
Gold trading recommendations today
Gold did not continue to fall after yesterday's fall, but a small rebound. Are gold bulls starting to reverse again? This is also a matter of concern to everyone. Tonight, the annual rate of CPI in the United States has not been adjusted seasonally in May. Before the data, it is normal for gold to fluctuate back and forth. However, the gold rebound is an opportunity to short.
The gold 4-hour is now in a relay pattern of triangle convergence. The overall 4-hour trend is still downward. After the golden triangle converges and falls below the lower support, the gold 4-hour decline will continue. After gold fell below the downward trend line for 1 hour yesterday, the rebound did not break through the downward trend line again, which has formed a back pressure. At the same time, a downward channel has formed a trend of oscillating and falling in 1 hour.
Trading straregy:
gold: sell@1959 tp1:1949 tp2:1944
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 trend analysis
The market has been in consolidation territory in June this month, and this week will usher in the main moment. The CPI on Tuesday, the decisions of the United States, Europe and the Bank of Japan in the next few days, so the market will be very volatile this week and the range may be broken
Gold today after coming to 1967, again the current low around 1950, for now, the first place to focus should be around 1960, the dollar bottom divergence signal, wary of gold to start a downtrend
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!
Gold trading recommendations today
Gold rose directly with marginal support yesterday
Looking at the 4-hour cycle, the price of gold is still below the trend line. On Friday, the price of gold touched the downward trend line, and gold plummeted even more, putting pressure on it. It is easy to see that gold is now in a oscillating trend, because the high and low points extend horizontally, and the gold price shuttles back and forth on the moving average, which has ruled out the unilateral trend, and now it is a oscillating trend.
Based on this, I judge that the price of gold is in a volatile market in a downward trend. Sooner or later, gold will fall below and start a plunge mode.
Trading straregy:
gold: sell@1961 tp1:1951 tp2:1946
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: Continuation of downtrend!When the dust settles, the Fed is set to continue raising rates
If the Federal Reserve meeting were held today, the current uncertainty surrounding banks would prompt them to keep rates unchanged. However, in the ever-changing world of markets, a lot can happen in just one week. If the upcoming weekend remains calm and without any need to rescue banks, there is a strong possibility of a 25 basis points rate hike. The Federal Reserve typically continues to increase rates until they reach a breaking point. Even if the only bank to suffer is SVB, high inflation levels may still require further rate hikes. This scenario would result in a stronger US Dollar, but eventually lead to a decline in the stock market once the initial relief rally following no new bank failures fades away.
GOLD - KEYLEVELS TO WATCH FOR A TRADE GOLD - KEYLEVELS TO WATCH FOR A TRADE
Personally im not looking to short GOLD , beacuse there is still an UPTREND , so from here the price can grow faster and i dont want to be vulerable on this.
Im looking just for longs ...maybe the short ideea will be just if the daily trend line wil be brooken.
Gold trading recommendations today
On Black Friday, empty orders continued to make profits. The most violent thing was that the price of gold fell directly below the neckline. At this time, the bottom structure directly failed. Relying on the pressure of the neckline at the 1954 line, continue to short the gold. This time the gold price will test the support at the 1938 line below again.
If the price of gold cannot reach the suppression of the mid-line of the daily line, then this wave of gold price will be the reverse draw of the neckline. This is a proper M head structure. The short position is now using the relay structure. With this structure, the gold price will continue this week plunged.
Trading straregy:
gold: sell@1954 tp1:1938 tp2:1930
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!
GOLD SELL Hi, according to my analysis of the gold market. There is a high probability of falling. With the formation of the descending channel, gold was unable to break it higher. There is also an internal channel as shown in the analysis. There is a lot of pressure from the sellers to fall back to the 1930 levels. And the 1910 level. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
GOLD with NF: Economy and War!The economy is showing signs of improvement, with the USD still on the rise. However, tensions of war are on the increase. If the conflict intensifies, Gold is likely to see a surge in demand due to its traditional role as a safe haven for investors. This could lead to price conflicts and a time of heightened market volatility. Experts predict a decline in gold prices before the economy stabilizes, but the ongoing war escalation could see it continue to rise in the long term.
It is advisable to refrain from trading when there is no promising entry point available. Instead, consider purchasing at the support level of 1965 and selling at the resistance level of 1992 , which are both robust areas. Technical analysis confirms the existence of these support ranges and highlights favorable entry points for traders.
GOLD before NF: Beware of tricksGold prices increased by more than 0.7% on Thursday, resulting in an overall gain of about 1.6% for the week.
This marks the best week for gold since early April. The rise in XAU/USD comes as the US Dollar and Treasury yields weaken, highlighting gold's anti-fiat characteristics.
On the daily chart, the next major technical obstacle for gold prices is approaching. On the 4-hour chart, the pair has rebounded off the rising EMA34 and is attempting to stay above the EMA89.
Technical indicators are still in positive territory, with the RSI remaining bullish at around 64. More upside potential is expected in the near future, especially if the current positive trend continues.
Gold began to weaken
As I analyzed yesterday, the current gold trend is the same as the chart given yesterday, gold began to fall after rising, gold is currently oscillating around 1955, today I am short around 1965, perfectly achieved profit, got a very good profit, next gold will continue to fluctuate, we focus on 1950 below, focus on 1965-1972 above, I think gold around 1970 will be a good short position, it should be noted that Several data to be released soon may have an impact on gold, and friends with insufficient trading funds recommend reducing trading and waiting for suitable trading opportunities
Personal Trading Strategy:
gold:sell @1968-1973 tp 1955-1960
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!
Gold trading recommendations today
The gold Yinxian fell below the 1-hour mid-track, which is the best signal for the end of the bulls, which is to be shorted, but this cannot determine the low point, so we can only use other methods to continue to hold short orders
Although there is a bottom structure, gold has not yet tested whether the neckline support is effective. Moreover, the price of gold was suppressed by the daily pressure level yesterday, and it plummeted by 15 US dollars in a straight line, which shows the great pressure.
Trading straregy:
gold: sell@1962 tp1:1952
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!