How will the New York market trade on October 8?The current gold price is quoted at 2647.72. Does the current investment sentiment expect the market to rise or fall?
Interpretation: The current trend of gold prices. It is not difficult to see from the chart. The market is currently in a high-level consolidation stage. It has formed an inverted triangle consolidation trend. Every time it goes high and falls. But the support near 2620 below still exists. MA and MASD echo each other. The probability of selling at a high level to make a profit increases.
News: The probability of a rate cut is uncertain, and the number of points of the rate cut also decreases. To a certain extent, the probability of the Federal Reserve's central bank cutting interest rates is very low. In terms of geopolitics, Syria's retaliation has not yet begun. There is uncertainty. In fact, from these two aspects. It is only a matter of time before the price of gold falls. Tip: (Geopolitical outbreaks are sudden, so the fall in the price of gold is not absolute, and investors need to face it rationally). This is an interpretation of market news for a short period of about half a month. It has a certain reference value.
In terms of operation, this is also an area that many investors pay close attention to: whether it is ultra-short-term, short-term or medium-term. In terms of operation, the principle of selling high and buying low is maintained for trading. You need to pay attention to risks when trading, this is the first point. At present, the market gold price is in the adjustment stage. Under the premise that there is no dominant news, the gold price can be maintained in the range of 2620-2630 for buying. 2660-2650 is the selling price. This operation strategy will be maintained for a period of time. Until the range adjustment ends, or there is a dominant breaking news that affects the trend of gold prices.
Then the ultra-short-term trading strategy is real-time, which requires short-term trading in combination with the intraday time period. It is also necessary to plan in combination with the events of the day. OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! CAPITALCOM:GOLD
It depends on whether investors like medium-term trading or short-term or ultra-short-term trading. For medium-term trading, you can continue to refer to the strategy analysis I publish every day and trade on your own. If you want to complete ultra-short-term trading. You can follow me for more accurate follow-up. For different students, you can develop a quick start plan separately. It is helpful for recovering losses or expanding profits in the short term.
I am George. An industry insider who has been paying attention to the financial market for more than ten years and has maintained active trading. I will use my expertise to lead everyone to compound interest value-added. If you want to know more, remember to keep paying attention. Tip: The current trading opportunities are very large. The market is also very stable. Remember not to miss the opportunity to make money now.
Goldmansachs
Huge fall.Today's trend is really pleasing. After all, the profit is obvious. I believe that members who follow the quick instructions to trade have great gains.
US media: Hezbollah publicly supports a ceasefire in Lebanon for the first time. Under the influence of this sudden news, the price of gold fell sharply. The current quotation is 2620. It came to the support below. But I think the price of gold will continue to rebound, and soon. If you need such real-time guidance, remember to tell me.
In fact, it is normal to draw such a conclusion. Because there are more than ten years of market analysis foundation here. The two consecutive days of events this week can accurately carry out some good transactions. This is not accidental, but an understanding of the market.
If you are confused about your current trading. You can refer to the effect of quick instructions. It is only a matter of time to recover losses. If you buy at a high position, you should do this. Because starting earlier can reduce the expansion of losses.
I am George. I am an industry insider who has been paying attention to the financial market for more than ten years and has maintained active trading. I will use my expertise to lead everyone to compound interest value-added. If you want to know more, remember to stay tuned. Tip: The current trading opportunities are very large. The market is also very stable. Remember not to miss the opportunity to make money now. OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD CAPITALCOM:GOLD
The two-way rush of the US dollar and gold awaits PPI dataAfter 6 consecutive negative lines, the gold daily line rebounded near 2600 yesterday, and directly rose to 2630. At present, it has reached the 45-day level. Although the big positive line rose yesterday, it does not mean that the market has reversed. It is still operating in the channel range.
Gold has not formed a dead cross in the 4-hour period. It has not broken down now. If it breaks down, the downward space of gold can be opened. Short-term gold will start to fluctuate. The 2600 line below gold has not been broken three times. Today, gold can hold 2600 and go long first.
After the middle-yin line broke down, there was no strong continuation. Instead, the oscillation back and forth consumed the downward momentum. In the past few days, the support of 2600 line has been tested several times in a row, but it has not been successfully broken down. This shows that the support at this position is still relatively strong. It is difficult to make a decent adjustment without breaking 2600 in the short term. The upper side still needs to focus on the 2650 line pressure level. If it breaks through this position, then this round of callback will come to an end. Otherwise, gold will continue to fall.
Detailed intraday operation strategy:
SEII: 2650 Target: 2630-2620
BUY: 2625 Target: 2650----2660
Did you buy at the high?From the intraday trend, there are signs of continued rebound. But it needs the promotion of news. Independent traders need to pay close attention to whether the pressure position of 2630-2634 above can be accurately broken through and stabilized. At present, the current price is around 2621. If you want to trade, there will be some profits in the short term.
If the gold price breaks through 2634 quickly and stabilizes, the rebound will continue. COMEX:GC1! COMEX_MINI:MGC1! OANDA:XAUUSD CAPITALCOM:GOLD
10.10 Gold price under pressure for six consecutive days, pay atOn Wednesday (October 9), spot gold plunged nearly $15. After the latest minutes of the Federal Reserve meeting were released, the market's expectations that the Federal Reserve would keep interest rates unchanged in November suddenly heated up, which stimulated the strength of the US dollar and hit gold prices.
Due to the strengthening of the US dollar and the weakening expectations of the Federal Reserve's sharp interest rate cut in November, gold fell for the sixth consecutive trading day on Wednesday. Spot gold closed down $14.13, or 0.54%, at $2,607.71 per ounce on Wednesday. The price of gold fell to a low of $2,605.16 per ounce during the session.
Intraday data focus:
US September unadjusted CPI annual rate
US September seasonally adjusted CPI monthly rate
US initial jobless claims for the week ending October 5 (10,000)
Technical analysis:
1. There may be more pullbacks in the Asian session, and the European session will rise.
2. Only when the 2,624 watershed is broken will it fluctuate. If it is suppressed, it will still be a weak correction.
3. Pay attention to the pullback in the US market.
Therefore, if the Asian market reaches 2611-2, go long, stop loss 04, and the target is 2624-6. Strong resistance is 2630-32.
The US market cycle is short, and it depends on the strength of the European market's pullback, but the rhythm of the cycle has not changed.
10.10 Analysis of short-term gold operationsIn the early Asian session on Wednesday (October 9), spot gold fluctuated in a narrow range and is currently trading at $2,610.88 per ounce. Gold prices fell more than 1% during Tuesday's session, hitting a low of $2,604.68 per ounce, the lowest since September 20, and closed at $2,621.76 per ounce. Recent US employment data hit expectations of a larger rate cut, and as Hezbollah supported efforts to reach a ceasefire, market concerns about a possible all-out war in the Middle East cooled, also weakening gold's safe-haven buying.
Technical Analysis
Daily Chart
On the daily chart, gold prices are close to the trend line, and buyers are expected to intervene at this point, setting a risk range below the trend line, ready to push gold prices up and set new highs. Sellers hope to see gold prices break below the trend line to increase bearish bets and fall to new lows.
4-hour chart
On the 4-hour chart, gold prices fell below the recent low yesterday, then pulled back and continued to fall. Buyers want to see gold prices rise back above $2,625 to prepare to push prices higher and set new highs, while sellers may continue to target the trendline for now.
1-hour chart
On the 1-hour chart, the lower limit of today's daily range is near the trendline. If gold prices fall to the trendline today, the trendline should limit the decline. Tomorrow's US CPI report may determine whether gold prices continue to rise or fall further
The US CPI report and US unemployment claims data will be released. On Friday, the US Producer Price Index (PPI) and the University of Michigan Consumer Confidence Index report will be released.
10.9 Gold bottoming out may not be over yetGold fell below the low point of the previous correction yesterday, and the daily line went out of the 5-day negative pattern. This is too much for the bull correction. The continuous negative time is too long, but from the price point of view, it is not, and the amplitude is not enough.
The price broke the short-term 5-day and 10-day moving averages, which means that the overall pattern has weakened. Especially after 5 consecutive negatives, there is still momentum for further retracement today.
For today, the probability of continuing the oscillation cycle is still very high.
1. The bottoming out and rebounding during the day, the European market rebounded.
2. The US market rushed down and continued to fall, but the European market rose, and the probability of breaking the bottom today is small. Just look at it as a shock.
3. The previous low point is supported at 2613-4.
In terms of data: EIA crude oil inventory in the United States as of October 4 (10,000 barrels)
Intraday short-term operation suggestions:
BUY: 2608 target 2628---2635
SELL: 2635 target 2625----2620
Short gold near 2640 in the London marketShort gold at the opening of the market, waiting to verify the profit
2640 -2638 Sell
tp2630-2628
The transaction has been executed. Waiting for verification of profit.
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Just personal operation. For reference only.
10,8 Technical Analysis of Gold Short-term OperationsAt the end of the Asian session on Tuesday (October 8), spot gold maintained its intraday decline, and the current gold price fell to around $2,627/ounce. Spot gold closed down 0.41% on Monday at $2,642.28/ounce.
There was no important data released from Monday to Wednesday to guide the market, but the speeches of several Fed officials need special attention, and then there is the September CPI data on Thursday, the initial jobless claims data for the week, and the minutes of the Fed meeting at 2 a.m.
From the daily level, a small negative column was recorded yesterday, and the price remained below the short-term moving average. The moving averages of other cycles were arranged upward. The Bollinger overall intended to close, the MACD double-line dead cross probed downward, and the green kinetic energy column increased in volume, which was in line with the K-line trend. The primary pressure above was around $2,650, which was close to the previous high. Below this, the daily line still tended to be short.
$2,650 is the first resistance, and further resistance upwards is near 2,660 (three points above and below). If the intraday rebound does not break through and there is no geopolitical situation to increase risk aversion to support it, the technical retracement and repair demand will continue. Further support below is $2,630. After breaking through, it can extend to the $2,620-2,618 range. In other words, today's trend is expected to retrace first. If it can retrace to the expected range, you can participate in the bullish trend.
Gold fluctuates at high levels, bullish resistance is still largGold intraday trend:
1. It is still likely to fall below 2640 during the day. If it reaches, it will easily break through and support the previous low of 2632.
2. The volatility has not changed. The market is not likely to continue. Both long and short positions can participate.
3. The upper resistance is still at 2660. There were 4-5 negative daily corrections in the previous volatility. The correction time has not reached the limit, so don’t worry about over-adjustment. In terms of price, the high point has only retreated 40-50 US dollars, which is a small range.
Short-term operation:
BUY: 2640 Target: 48---50
SELL: 2660 Target: 2645----40
Ultra-short-term buying. Quick trading guideThe position of 2641 may serve as a short-term rebound support. In the ultra-short term, you can buy with a small order. If the market reaches the position of 2635, you can add a second order. There is no major news to disrupt the market. Sell high and buy low is a suitable strategy for ultra-short-term operations. CAPITALCOM:GOLD OANDA:XAUUSD CAPITALCOM:GOLD COMEX_MINI:MGC1! COMEX:GC1! BINANCE:BTCUSDT
10.8 Analysis of short-term gold operationsIn the early Asian session on Monday (October 7), spot gold fluctuated in a narrow range and is currently trading around $2,640/ounce. Gold prices fell slightly after violent fluctuations last Friday, closing at $2,652.64/ounce, as the stronger-than-expected US employment report poured cold water on the Fed's expectations of aggressive interest rate cuts in November, boosting the dollar to a high of more than one and a half months, and US bond yields also rose sharply to a high of nearly two months, overshadowing risk aversion concerns over the tense geopolitical situation in the Middle East.
Technical level:
1: In 4 hours, BOLL shrinks, the range shrinks, and the range shrinks to the 70 range of 2642-26; in terms of indicators, the stochastic indicators and MACD indicators are all blunt, and the signals are unclear; in terms of form, it is a horizontal pattern, which is not the top high point;
2: In the daily K, the stochastic indicator crosses downward, which is a bearish adjustment signal; in terms of form, the time-for-space pattern, the market is relatively resistant to decline; the central axis gradually moves up, and the current track support of the central axis is around 2590, but it is expected to rise to around 2600;
Non-farm data is mixed, gold peaks in the short termThe non-agricultural data on Friday went up and down, and it was neither rising nor falling. The 4-hour moving average is sticking together, and it seems that it will break through this week and usher in a big market.
Gold has not reached its peak at all, and the 4-hour cycle is still one wave higher than the other. The only bad signal is that the 60-day moving average of the 4-hour cycle has been broken. We can see that in the previous wave of $150 increase, gold did not touch this moving average at all. This signal must be paid attention to.
The K-line signal is still bullish, and this wave of triangle consolidation is about to change. Technically, gold has not reached the top yet, and gold has one last rise.
Intraday short-term trading strategy:
Gold 2665 short stop loss 2670 target 2645---40
Gold 2633 long, stop loss 2623, target 2655---60
Sell gold in the ultra-short term. The room for decline is about $6 or more.
The price range of 2655-2652 is the top of the triangle pressure. Selling is the main method in the ultra-short term.
If you hold a loss order for a long time a CAPITALCOM:GOLD OANDA:XAUUSD nd don’t know how to deal with it, leave me a message.
How to get rid of a sell order in hand ?If you make money, it's because of your good skills or luck. But how should you deal with orders that lose money?
Stop loss or continue to hold? It depends on whether the market continues to rise or fall. I personally think that the market will continue to fall. The main reason is that there is a lot of pressure from above.
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For investors who hold short orders, I suggest you continue to hold and wait for a suitable time to close the order. After all, after the stop loss, the loss is huge. Many people cannot accept it. Moreover, many people have different selling timings and positions.
Getting rid of the short orders in my hands is my only idea at present. Whether you are a novice or an investor who has been in the market for a long time, you will face this problem.
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Judging from my more than ten years of trading experience, it is only a matter of time before the gold price falls. It is reasonable to mitigate the loss through other transactions in the short term. After all, as long as it reduces the loss, any method can be implemented.
Starting next week, I will share my real-time views and operation strategies one after another. If you want to recover your losses, keep paying attention. In this way, while you continue to pay attention to me, you will definitely get help and the answers you want.
Gold fluctuates and awaits non-agricultural data!!!For today, we need to divide the non-agricultural data into two parts.
1. Before the data, it rose in the morning. The European market rose and fell in the past two days. From the perspective of the daily line pattern, it tested 2664 4 times, and the resistance level was very small. This must be a breakthrough, but if this breakthrough continues to fall, it will not make much sense.
So, either it is around 2658-60, with a loss of 50, and look at 2673=75 above, and arrive before the data.
2. Give up the intraday market and wait for non-agricultural data.
Referring to Wednesday's ADP, the non-agricultural data is likely to bottom out and rebound, but this bottoming must be based on the breakthrough and rise in the European market, and the US market will see a bottoming and rebound.
If it has been suppressed below 2664 during the day, then the bottoming and rebounding will not make much sense. The trend is not very strong.
Only if it breaks through during the day and the US market bottoms out and rebounds, there is a risk of breaking high. If it is suppressed, it is likely to continue to fluctuate.
So whether it is strong today depends on the strength of the breakthrough in the European market.
If there is no breakthrough, look for shocks; if there is a breakthrough, look for strength
Gold keeps hitting new highs, and today is the day to see a breaThe gold price moves perfectly along the trend line. It starts to rise when it approaches the trend line. Gold is accumulating strength at a high level. Today, the gold price may break through the historical high and start the rising mode.
The gold price trend is very healthy. It starts to rise when it approaches the trend line and important moving average. The best operation is to follow the trend, because the risk of going long is much lower, just like the Chinese A-shares that are winning by doing nothing now. Shorting may burst at any time, and going long may reach the daily limit at any time.
Today's data:
The number of layoffs of challenger companies in the United States in September (10,000 people)
The number of initial jobless claims in the United States as of the week ending September 28 (10,000 people)
The final value of the S&P Global Services PMI in the United States in September
Trading strategy: Gold 2640 more, stop loss 2630, target 2665--------2670
10.3 Gold short-term operation strategyAt present, gold continues to fluctuate. The hourly chart has formed a converging triangle. The short-term support is 2648, and the upper pressure is at 2670. From the daily chart, the "big positive front resistance line" pattern has been formed. Under the support of the big positive line of last week, after repeated short-term fluctuations, the market tends to choose to break down! ! !
Today's data:
The number of initial jobless claims in the United States as of September 28 (10,000)
Intraday operations:
BUY: 2648 Stop loss: 2643 Target: 2655----2660
SELL: 2665 Stop loss: 2660 Target: 2630----2625
10.2 Gold bottoms out and correction is made from high levelsGold daily line is still sideways at a high level, and the K line continues to deviate far from the moving average. This is an abnormal trend. The gold price will inevitably return to the moving average. This is inevitable. At the same time, there is an obvious double top pattern near 2670, and the upper shadow line continues to close.
Gold fell under pressure from the high level in 4 hours. Gold continued to have a double top structure in 4 hours. Gold rose to 2673 last night and fell under pressure. The resistance is obvious.
The tension in the Middle East is still an important factor affecting the gold price. This week will usher in non-agricultural data.
Intraday operation:
SELL: 2675 Target: 2660------2650
BUY: 2645 Target: 2665------2675
10.1 Analysis of gold short-term technical operations1. The daily line has adjusted for two days and just stepped back on the 10-day moving average. According to the bulls, this is a typical correction. The biggest step back in the strong trend is 10 days. Whether it can go up today is very critical.
2. The usual high-rise and fall in the morning, the European market is weak. For the continuous market, the European market is weak and the US market is difficult to increase.
3. Yesterday, the US market retreated twice, and the European market broke the bottom, and the US market was weak after the bottom.
It cannot continue the retracement. 2623 is the retracement of the rise to 382, which is very critical. It breaks the bottom and affects the bulls.
In addition, the daily line is weak, so the rise is affected.
And today, it is above the turning point of long and short.
The watershed in the morning is 2640. It is not considered whether the European market will go through a cyclic retracement for the time being.
Gold's short-term downturn has passed, go long at 30Gold is long near 2630.
Gold has gone out of the turning point, the decline is over, and it is about to start rising. Go long in the short term today, seize this opportunity to get a big wave.
Gold fell back to the moving average and closed with a hammer line, and the turning point signal is obvious. Go long near 2630. If we look at the moving average, it also meets the bullish trend, because every time the gold price falls back to the moving average, there will be a rebound. Can it rebound and break the historical high? Let's not consider it for now, grab the long orders near 2630, and let the market give us the rise we want.
Trading strategy:
Gold is long at 2630, stop loss at 2620, target 2650-------2655
9.30 If the short-term gold high is not broken, it will be a corTechnically, the 2670 level has become an important resistance level, which has not been broken through many times. The Bollinger Bands have begun to close. From all angles, gold will not rise in the short term.
With such a big thing happening in the Middle East, gold should have started a wave of $50 rise, but it didn't. That must be because gold digested the news in advance. If there is no positive news, gold will turn to a sharp drop.
Intraday operation:
SEII: 2665 Stop loss: 2672
BUY: 2645 Stop loss: 2640