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!
Goldmansachs
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.
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 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!
Gold shorting
The 2000 line was supported twice, this time it was going to break.There are too many data profits to rush up, and the main force will take advantage of the data to put the bulls on top.2000 points have support. Everyone can see this. Let me talk about it here. 2000 points will be broken.
Trading strategy: gold 2008 short, stop loss 2015, target 1980
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 shorting
The 2000 resistance line was supported twice. This time, the gold price was about to fall below the 2000 mark. Now the gold price has fallen below the mid-daily track, and the decline is accelerating.
Trading straregy:
gold: sell@2015 tp:1980
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: Market stability before news!Fundamental Overview
Politicians, government officials, and central bankers in the United States have not been responsible with their use of the world's reserve currency. Instead of being financially wise, they have recklessly increased the amount of debt owed to other countries. These countries are starting to realize that they may not receive payment in honest currency, but instead in rapidly depreciating Federal Reserve notes. As a result, foreign central banks are buying more gold than ever before, as they can see what is coming. It is important for individual investors to take note of this situation and protect themselves from a potential currency crisis.
Plan trade in the intro
GOLD: SELLER'S POSITIONFundamental Overview
Gold prices reached a peak of 2,048.14 per troy ounce after the US inflation data announcement. However, they are currently trading in the 2,025 range. The XAU/USD rose due to the 4.9% YoY increase in the US Consumer Price Index (CPI) in April, which was slightly lower than the expected 5%. Inflation remains high in the largest economy globally, but it has been decreasing since mid-2022's record highs.
Plan trade in the intro
GOLD: Return of the BEAR faction!Fundamental Overview
The price of gold is holding steady around the $2,020 mark, but it's not making any significant gains due to the strengthening of the US Dollar. Investors are eagerly waiting for the Consumer Price Index (CPI) data to be released on Wednesday, as it will have a significant impact on the US Federal Reserve's interest rate decisions.
Bigbank's prediction for tomorrow's inflation data remains the same. However, due to the positive Non-Farm payroll data, it is possible that the market anticipates a slight rise in CPI. Overall, there are numerous job opportunities available, people are employed, and incomes continue to grow.
Plan SELL in the intro!
GOLD: New position!Fundamental Overview
The value of gold, specifically in relation to the US dollar, has slightly decreased after reaching an all-time high. This can be attributed to a temporary pause in the bullish trend, as investors wait for the release of the important US Nonfarm Payrolls data.
The Fed has given an indication that they may halt their increase of interest rates after raising them to their highest level since 2007. This aligns with the cautious comments made by Fed Chairman Jerome Powell, who believes the current monetary policy is restrictive enough to have an impact on the US Dollar and boost the price of Gold.
On Thursday, the US market experienced a mix of data that boosted the price of Gold. This was further strengthened by the market's anticipation of the Fed raising interest rates in September 2023. However, there are concerns among XAU/USD traders about potential banking issues and the expiration of the debt ceiling.
On the other hand, the weaker PMI numbers in China and the possibility of the US jobs report falling short of expectations, despite the positive early indications, suggest that those looking to sell gold may have an opportunity.
Looking ahead, it will be crucial to keep an eye on the April US jobs report's monthly releases for clear guidance.
Signals free in the Signature ♥
4/18 Gold trading signals: Buy first and then sell
We have made a profit of more than 300% for two consecutive weeks!
Last week, gold rose to near 2050 under the stimulus of news from all parties. During the US market on Friday, it directly fell below 2000, a decline of more than 50 US dollars. The gold long signal given on Thursday was successfully profitable, and the short signal on Friday was also very good. Caught this wave of the market!In yesterday's trading, the short signal given made a big profit again!If you are trading following my signal, then congratulations, you have discovered the treasure!
Today's trading focuses on the resistance of 2003, 2007-2013, and supports 1990-1987. Below are 1978-1975 and 1969-1963. If you are not sure, you are welcome to come to me!