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Fed Rate: How to Trade Gold Amidst Market Uncertainty? The excitement is building as the Federal Reserve is about to announce its rate decision—whether it's a 25 or 50 basis point cut. Will gold reach new highs or begin a downward trend? Let’s wait and see. From a personal perspective, I'm not particularly concerned about the impact on trading. Whether the market moves up or down, it will eventually return to the current price levels. Especially after a surge, there’s no need to worry too much. For those trading today, do not set stop losses on short positions. If gold rises, simply add to your position or hedge by opening long trades. The 2600 level is a critical resistance point, and even if it breaks through due to the announcement, it won’t hold for long without a retracement. At that point, simply close your long positions and add more short positions. This trading strategy should be helpful for those looking to navigate the volatility. Feel free to ask any questions or leave comments!
FOREXCOM:XAUUSDShort
by Wealth_Waves
9.19 Gold Short-term Operation StrategyThe Fed's interest rate decision will be announced in two hours. Will gold hit a new high or a correction? On the 1-hour chart, you can see that there is a minor resistance level near the 2575 level, and there is also a downward trend line converging. If the price pulls back to this resistance level, sellers may intervene, aiming to fall to the 2548 support level. On the other hand, buyers want to see prices break higher to increase bullish bets and pursue new highs , if the Fed eventually chooses to cut interest rates by 25 basis points, the market may react quickly, causing the US dollar to rebound. But if the Fed is as dovish as the market expects, cuts interest rates by 50 basis points, and sends signals of more interest rate cuts in the future, the US dollar will weaken further, pushing gold prices higher again, even breaking through the $2,600/ounce mark. Although the market expects the Fed to cut interest rates, there is still uncertainty about the magnitude and subsequent policy guidance. If the rate cut is only 25 basis points, it may suppress the short-term demand for gold, and investors will turn to wait and see. If the Fed's policy tends to be cautious, the safe-haven demand for gold may weaken, leading to a short-term sell-off in the market. If the Fed eventually cuts interest rates significantly and signals further easing in the future, gold will benefit from the continued weakening of the dollar and break through historical highs. At the same time, global economic uncertainty and geopolitical risks will continue to provide long-term safe-haven demand support for gold.
TVC:GOLD
by David_strategy
1
9.18 Technical Analysis of Gold Short-term OperationsToday, the focus of the entire market is on the Federal Reserve's interest rate meeting. The market expects a 50 basis point cut, which may be the trigger for this wave of rise, but it may not have much impact at all. Yesterday, the 2600 line was not kicked off, but fell back with a big negative. Technical points: (1) The European session bottomed out and rebounded, and the price continued to return to Monday's low, which broke our expectation of a strong and non-retracement. (2) The European session continued to retreat to 2386, but still did not break the high. Yesterday, the focus was on the European session rising. If the European session fell, the market would turn to volatility. (3) Before the US session, the intraday low continued to be broken, and the hourly line was negative, so the US session must be expected to fluctuate. The European session broke the bottom for the second time, and the US session pulled back to short. It is expected that the US session will continue to break the bottom. After all, the price is good, and everyone is afraid that the long orders will be stuck at the top of the mountain, so they are willing to go short. Operation strategy: 1. Before the meeting, continue to arrange according to the technical pattern. Short-term short position at 2575 can be shorted within the day, with a loss of 85, and look at 2555-50. 2. If it cannot be reached before the meeting, the price will remain the same. The Fed meeting will be closed for a break. If it can break the high before the meeting, hold it and look for a new high.
TVC:GOLDShort
by David_strategy
9.18 Gold Short-term Operation StrategyGold rebounded from a high level and built a top. Don't chase long easily. Gold rebound is an opportunity for shorts. The Fed's interest rate decision and the expectation of interest rate cuts are about to be fulfilled. The positive news for gold is fulfilled and it may rise and fall. Gold broke down after repeated fluctuations at a high level in 1 hour. The top structure is obvious. The gold 1 hour moving average also began to turn around. The gold 1 hour moving average formed a dead cross, so there is more room for gold to fall and adjust. Gold rebounded last night but did not break through the resistance of 2582. In the morning, it continued to go short at highs under the resistance of 2582. Strategy: SELL: 2575 stop loss; 2582
TVC:GOLDShort
by David_strategy
9.17 Technical Analysis of Gold Short-term OperationsGold prices did not fluctuate much during the day. It retreated to the lowest level of 2574.50 in the Asian session, and then turned positive and moved upward. However, the space has not been opened yet, and it is in the rhythm of range fluctuations. For the extremely strong trend in the past few days, the recent two days have been mainly corrections. At the same time, even if it retreats, it is difficult to have a continuous decline, so the European session continues to see a rebound. Recently, the market has paid close attention to the Fed's interest rate decision on Wednesday, and there are different views on how much to reduce. Before the announcement, the market trend is more cautious, which means that it is difficult to have a large operating space. Today's analysis 1. At present, in the process of consolidation at a high level, the ups and downs are high, and the space is difficult to open 2. After all, the overall trend is bullish, and there is still a demand for rebound after the correction 3. After the Asian market went sideways, it stepped back to the previous starting point of 2574.50, and then there was no strong pullback in the European session. Two consecutive positives tested the high point of the morning pullback near 2586.30 and did not continue to rise. Then the hourly line turned negative and continued to pull back. For a strong pattern, there is some lack of momentum, and the shock component has increased. Continue to follow the trend with long positions. In the previous trading day, we relied on 2578 to look up to 2590. In the morning, we continued to look up around 2576/1, and looked up to 2587, but failed to reach 2600. The dream of 2600 has not yet been realized! From the market point of view, the low point of the afternoon retracement is around 2574.50. The European session can continue to retrace, and even cross or break through, but it cannot deviate too much from the intraday low, otherwise it will limit the momentum of the evening pull-up. The position of the golden section line 236 is near 2571, which is also the support position of the lower trend line, so pay attention to the opportunity to continue to rebound below 2571 in the evening, and the upper resistance is near 2590.
TVC:GOLDLong
by David_strategy
9.17 Technical Analysis of Gold Short-term OperationsIn the four-hour chart, the price recovered the upper line and ran below the upper line. The short-term support is at the acceleration line 2573. If it breaks down here, it also indicates that the lower line of the hourly chart will break. Once it breaks, it will resonate downward, at least testing the support of the 2562-50 line. Secondly, from the four-hour moving average chart, the 5-10-day dead cross is downward, and the auxiliary indicator MACD is dead cross at a high level. The hourly chart counterattacks the upper line and turns short for the second time, which is the best time to short, and it is also a reasonable position to reduce positions. Once it breaks down, the overnight closing price of 2579-80 is basically rebounded, which is to add shorts. So as long as you hold 2590 to see that the adjustment remains unchanged, wait for 2600 or above after the breakthrough to make arrangements. Strategy: 2585-88 area short, loss 92, look at 73-68-62-50. Break down 73 and rebound 80 and short loss 85
TVC:GOLDShort
by David_strategy
1
XAUUSD: 13/9 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2590, support below 2530 Four-hour resistance 2575, support below 2544 As the saying goes, the longer the horizontal line, the higher the vertical line. After a long period of box consolidation, the gold price broke upward and refreshed the historical high of 2531. It is emphasized that after the break of 2531, it is time to go all out to be bullish on gold. Don't have any more empty thoughts. The current market is bullish in multiple cycles. Whether it is the weekly, daily, or 4-hour lines, it is an absolute bullish trend. There is no doubt that we will continue to go long during the day. There is nothing to say. Just don't think about guessing where the top is for the time being. As for the intraday long position, after accelerating higher yesterday, it still maintained a strong upward trend today. The overnight low was at 2544, and today's Asian session low was at 2556. Pay attention to these two support points during the day. If you want to maintain an extremely strong long position, the starting point of 2556 cannot be broken. You can try to go long when it falls back during the day to near 2556. Today's bullish thinking can be maintained until 10 am in the U.S. market. Technical profit-taking may occur after 10 am, the last trading day of this week, but remember to only go long and not short, and follow the trend! BUY:2556near BUY:2544near SELL:2590near Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
Analysis of gold price trend on TuesdayGold fluctuated in a narrow range at highs on Tuesday, and the current price is around 2583. Gold prices rose slightly on Monday, hitting a record high of 2590, helped by a weaker dollar and the expectation that the Federal Reserve will announce a sharp interest rate cut at this week's policy meeting! Although there were some short-term profit-taking of long orders at high levels, the gold price closed near the historical high! The US dollar index continued to fall on Monday, which continued to provide support for gold prices. However, it should be reminded that if the US dollar index can hold the 100.50 first-line support (the US dollar index has rebounded after receiving support near this position many times in the past year or so), gold may usher in a correction. The global central bank has entered a cycle of interest rate cuts, which also provides support for gold prices. The European Central Bank cut interest rates by 25 basis points last week, although ECB President Lagarde suppressed expectations of lowering borrowing costs again next month. The "horror data" will be released this trading day-the monthly rate of US retail sales in August, which investors need to pay close attention to. The current market expectation is -0.2%, and the previous value is 1%. This expectation is slightly biased towards supporting gold prices before the data is released. In addition to the "horror data", pay attention to the changes in market expectations for the Fed's decision and news related to the geopolitical situation. Technical aspect There has been no major change in the technical aspect. At the beginning of the week, the Asian session rose around 2580. After a small high in the afternoon, there was no large-scale increase. After the overbought in the small cycle four-hour chart and hourly chart, the price formed a high-rise and fell back. The entire trend of the US market formed a 77-90 range adjustment at the high level of the consolidation triangle. It is cold at high places. Although the trend has not changed, we must always pay attention to the emergence of technical callbacks and repairs. Therefore, long-term long positions have turned into short-term long positions, and strict risk control. Pay attention to the break direction of the 77/90 range during the day. Trading strategy: 2573-2575 long, stop loss 2564, target 2590-2600; 2593-2595 short, stop loss 2606, target 2580-2570;
OANDA:XAUUSD
by Jun-goldFX
1
9.17 Technical Analysis of Gold Short-term OperationsAfter rising for three consecutive trading days, the price of gold rose again yesterday to a record high of $2,589 per ounce, close to the $2,600 mark, but it did not break through again. After encountering resistance and retreating, the final price closed at around $2,582. Overall, it still maintained a high level of consolidation. There is no doubt that the rise in gold prices for three consecutive trading days has already indicated that the Federal Reserve will start to cut interest rates, and it also indicates that the expectation of further interest rate cuts is in place. The market is concerned about how many basis points the interest rate cut will be, which is not so important because the trends of various varieties are digested in advance. Yesterday, the price of gold rose to $2,589, and then encountered resistance and retreated. The daily line recorded a small positive cross star. The current price remains above the upper track of the Bollinger Bands. The moving averages of each period are arranged in a bullish pattern. The Bollinger Bands remain open as a whole. The MACD double lines rise, and the red kinetic energy column increases, which is in line with the development of the K-line. At present, the daily line still tends to be bullish. Since technical indicators have a lag, it will be too late to wait until the price retreats or turns to short. Yesterday's high of $2589 is effective pressure. Looking further up is the $2600 mark, $2606. It is uncertain whether it can be reached. If it can be reached, you can intervene to short and wait for a retracement. The primary support below (short-term target) is $2560. Today's short-term operation strategy; Sell at 2585, stop loss at 2590 Buy at 2555, stop loss at 2550
TVC:GOLDShort
by David_strategy
9.17 Gold Short-term Operation GuideAfter gold hit the high point of 2580-90 last week, it basically maintained a consolidation trend at the opening of this Monday. As of now, it is still above 2582 as the high point, and it is consolidating in the range of 70-90. At present, many people think that the interest rate decision on Thursday will be a node, but not. I think the GDP data will be a window for a change. Then, institutions may take advantage of the opportunity to buy and pull up again. 2580 is also a support in the 4-hour chart of gold. If it falls below the moving average support here, it is likely to test 2855-50 later.
TVC:GOLDShort
by David_strategy
3
9.16 Gold Short-term Operation GuideOn Friday, gold rose directly along the 2556 line in the early trading, rose to the 73 line in the European trading, and then fell back. In the evening, it rose again to the 80 line and then fell back. It hit a high of 86 in the late trading and then fell back slightly. Finally, the daily chart closed at 2579 with a big positive line. Looking back at Friday, the price basically went up in a step-by-step manner. There were corresponding adjustments at each suppression point, but the overall trend was still dominated by bulls. The cyclical double positive continued in terms of form. From the current market, the trend remains unchanged, but the market does not only rise but not fall. If we look at the symmetrical cycle of the form, today's expected rise and fall will close in the negative. However, the market broke through the big positive line last week, and it is not realistic to directly reverse the trend in the short term. The previous platform consolidation has become an important support for the re-upward movement. The daily chart reaches the upper acceleration line suppression area, followed by the oblique pressure of 2597. After the four-hour shock to the breakthrough of the upper line and the acceleration line, the short-term indicators have been seriously overbought, so today I am optimistic about the rise and fall, and the lower 30-minute lower line on Friday formed support for the upward movement. Today, the key support is here on the hourly chart lower line, followed by the four-hour upper line, so today's operation is long first and then short. Short term operations: BUY 2567, loss 2561, target 2582-92-97. SELL2597, loss 2603, target 2573-67-62-55
TVC:GOLD
by David_strategy
1
Monday Market Analysis and SignalsGold fluctuated at a high level on Monday, and the current price is around 2586. Gold prices rose sharply last Friday, hitting a record high of 2586, with the largest weekly increase since early April. Optimism about the Fed's upcoming rate cut has driven gold prices higher, and capital inflows and the decline of the US dollar have also played a catalytic role. The latest data shows that market expectations for the Fed's 50 basis point rate cut in September have also heated up. Gold has been one of the best performing commodities among major commodities this year. So far this year, gold has risen by more than 20%, thanks to expectations of Fed rate cuts, strong central bank purchases and strong purchases in Asia. The safe-haven demand brought about by the increased geopolitical risks and uncertainty before the US election in November has also supported gold's record gains this year. Super central bank week will debut this week, and the Federal Reserve, the Bank of Japan and the United Kingdom will release their September interest rate decisions. The market generally expects this to be the starting point of the Fed's easing cycle. According to historical trends, gold prices tend to fluctuate higher before the Fed cuts interest rates, but after the Fed cuts interest rates, gold prices will usher in a wave of declines, and investors need to be vigilant. Technical aspect Technical aspect: The gold daily and weekly structure maintains a bullish trend. The MA10/7-day moving average of the daily chart maintains a golden cross and opens upward. The MACD kinetic energy column increases in volume. The price of the short-term four-hour chart forms 8 consecutive positives and ushered in a new historical high again. The price is running in the upper and middle track of the Bollinger band, and the moving average opens upward. However, the RSI indicator of the hourly and four-hour charts touches above 80 values, entering overbought, and beware of the short-term correction demand for gold prices. The trading idea at the beginning of the week is to follow the trend and go long at low prices. Trading strategy: 2570-2572 long, stop loss 2560, target 2590-2600; 2598-2600 short, stop loss 2610, target 2580-2570;
OANDA:XAUUSDLong
by Jun-goldFX
9.16 Gold Short-term Analysis GuideLast Friday, an article from the "Federal Reserve's mouthpiece" once again fueled speculation that the Fed might cut interest rates by 50 basis points at this week's policy meeting. The dollar index continued to fall and once lost the 101 mark, but recovered some of its losses during the U.S. trading session and finally closed down 0.13% at 101.10. U.S. Treasury yields fell slightly, with the benchmark 10-year Treasury yield closing at 3.657%; the two-year Treasury yield, which is more sensitive to monetary policy, finally closed at 3.595%. The Dow Jones Industrial Average closed up 0.72%, the S&P 500 closed up 0.54%, and the Nasdaq closed up 0.65%. Trump Media closed up 7.62%. Today's focus: The eurozone will release the seasonally adjusted trade account for July; The United States will release the New York Fed Manufacturing Index for September; ☆ Closed reminder: Today, the Tokyo Stock Exchange, Seoul Stock Exchange, Shanghai, Shenzhen and Beijing Stock Exchange The market's expectations for the Fed's upcoming interest rate cut continue to heat up. , the market currently expects the Fed to cut interest rates by 50 basis points at the September 18 meeting to reach 43%, while the probability of a 25 basis point cut is 57%. This is the first possible rate cut by the Fed since 2020. The driving effect of the expectation of rate cuts on gold prices is obvious. The lower interest rate environment reduces the holding cost of gold and increases its attractiveness as a non-yielding asset. Before the Fed meeting, gold prices usually show a trend of fluctuating higher. However, after the rate cut, gold prices may experience adjustments. Therefore, investors need to be vigilant about possible market reactions. Monetary policy changes by major central banks around the world have an important impact on the gold market. The ECB's rate cut decision last Thursday reduced the opportunity cost of holding gold and further strengthened market expectations for loose policies. At the same time, U.S. inflation data has stabilized, providing the Fed with more room to consider rate cuts. With the easing policies of the Federal Reserve and the European Central Bank, the bullish sentiment in the gold market has significantly increased. In addition, the depreciation of the U.S. dollar against the yen has further increased market interest in gold. The strong performance of the gold market was also driven by fund inflows. Data shows that the holdings of SPDR Gold Trust, the world's largest gold-backed ETF, have reached their highest level since January this year. The World Gold Council (WGC) reported that global physical gold ETFs attracted inflows for the fourth consecutive month in August, which further supported the rise in gold prices. In addition, geopolitical risks are also an important factor in the rise in gold prices. Geopolitical tensions in major economies around the world have increased market uncertainty and further boosted demand for gold as a safe-haven asset. These factors, including the Russian-Ukrainian conflict and tensions in the Middle East, have prompted investors to put their money into gold to avoid potential risks.
TVC:GOLDLong
by David_strategy
1
9.14 Gold Short-term Analysis StrategyThe daily and 4-hour lines closed with big positives, overlooking the 2530 line that was tested many times in the early stage. Therefore, only by following the trend under the bullish trend can there be greater profit space. The price relies on the MA moving average to go up, and the trend is very clear that the bulls have an advantage. On the one hand, it is a bullish trend. On the other hand, whether it is the hourly line or the 4-hour line, the strength of the retracement and the coordination of time after continuous pull-up, the gold price retreated to around 2545 in the early morning, and then the hourly line continued to attack the 2560 line. In other words, it is still constantly refreshing the historical high in the early morning, and there is no room for correction. The shape is relatively strong. There is no room for even retracement, which shows that the bulls are full of momentum, and there is still room for continued rise today. Today's operation plan: In the bullish pattern, what position should be used to plan for long positions? The market with oscillating components uses the low point of the retracement correction as support to rebound again. Today's ideas are similar to those of yesterday, and need to be combined with time. The lower support is near 2549, which is the upper track of the previous upward channel. After breaking through, it is bullish. The upper resistance is near 2580,2588.
TVC:GOLD
by David_strategy
Friday market analysis, continue to see new highsGold held near its all-time high on Friday, now at $2,570. Gold prices rose more than 2% on Thursday, hitting a record high, driven by expectations of a rate cut by the Federal Reserve next week, after data showed a slowdown in the U.S. economy. In addition, the ECB's rate cut also reduces the opportunity cost of holding gold, and geopolitical concerns continue to provide safe-haven buying support for gold prices. Gold prices soared to a record high after U.S. initial jobless claims and producer inflation data further indicated that the Federal Reserve may cut interest rates next week. The European Central Bank cut interest rates again on Thursday and hinted that borrowing costs will be on a "downward path" in the coming months. Currently, inflation in the eurozone is slowing, and the ECB's further rate cut has raised expectations that many central banks around the world will cut interest rates multiple times in the future, increasing the attractiveness of gold. Pay attention to the U.S. import price index in August, the preliminary value of the U.S. University of Michigan Consumer Confidence Index in September, the eurozone finance ministers' meeting, and news related to the geopolitical situation during this trading day. Technical aspect Technical aspect: Gold hit a new record high, breaking the wide range of 2530~500 this week. The daily increase is close to 50 US dollars. The MACD momentum column of the short-term four-hour chart is large, and the RSI indicator is close to 80, close to the overbought zone. The price runs along the upper track of the Bollinger Band, and the moving average golden cross opens upward. Technically, the structure of gold's bullish trend is intact. It is expected that there will be at least one bullish sprint to a new high on Friday. The trading idea is to go long at a low price. In short, don't guess the top. You will find that trading will be simple and easy if you follow the trend. Trading strategy: 2548-2550 long, stop loss 2539, target 2570-2580; 2577-2579 short, stop loss 2588, target 2550-2540;
OANDA:XAUUSDLong
by Jun-goldFX
9.13 Gold Short-term AnalysisGold prices rose more than 1% on Thursday, hitting a record high of $2,559.98 per ounce and closing at $2,558.54 per ounce, driven by expectations of a rate cut by the Federal Reserve next week, after data showed a slowdown in the U.S. economy. In addition, the European Central Bank's rate cut also reduces the opportunity cost of holding gold, and geopolitical concerns continue to provide safe-haven buying support for gold prices. Considering the possibility of profit-taking on Friday, we will patiently pay attention to the strength of profit-taking in gold today. Market expectations have increased that the Federal Reserve will cut interest rates by 25 basis points at its September 17-18 meeting. The probability of a 25 basis point cut is 73%, and the probability of a 50 basis point cut is 27%. This expectation has driven gold's rise because the low interest rate environment makes gold more attractive as a non-yielding asset. The European Central Bank announced another rate cut on Thursday, lowering the deposit rate to 3.50%. This decision is closely related to the background of weak economic growth and slowing inflation in the eurozone. The ECB's rate cut reduces the opportunity cost of holding gold, further enhancing its attractiveness. In addition to economic data, geopolitical tensions also have an important impact on gold prices. Russian President Vladimir Putin said on Wednesday that Moscow may restrict exports of uranium, titanium and nickel in retaliation against Western countries. The statement has raised market concerns about the global supply chain, further boosting safe-haven demand for gold.
TVC:GOLD
by David_strategy
1
9.13Technical Analysis of Gold Short-term OperationsLast night, inflation data fell beyond expectations, while the core inflation monthly rate rebounded slightly to 0.3%. Gold plummeted to around $2,500 after the $2,529 data in the Asia-Europe session. This week's market, as long as you follow it after seeing it, you will basically be slapped in the face. On Monday, I saw the decline from $2,500 to $2,485 before I rebounded and went short. Then on Tuesday, I saw the decline from 2,507 to 2,500 in the early trading and rebounded and went short. On Wednesday, I saw the Asia-Europe session continue to rise to $2,529 and started to sing a new high. All of these were "counter-killed". Yesterday, I clearly said that we must prevent fake falls and the sudden counterattack of shorts. Not only will the August CPI be announced, but the price will be close to $2,530. There is no need to do any callback here. Unless it is a rapid plunge, the cost performance is too poor. From the non-agricultural data to now, both long and short positions have been accurately stepped on, without exception. The non-agricultural data clearly stated that no matter whether the data is good or bad, the rise is an illusion, and the fall is the purpose. On Monday, the market opened directly at 2500 US dollars and shorted. After the decline, it stopped chasing shorts. After the decline, it fell to 2485 US dollars and rebounded to break through 2500. It decisively went long at 2500-01 and left the market at 2515. On Wednesday, the price was near 2505 and emphasized that it was also 2520 to go long at 2500 first. Yesterday, it was directly short at 2523, without considering chasing long near the historical high, and arranged long after the plunge. Today, I think a large number of people have begun to stand on the side of the shorts, which is just the opposite of yesterday. The plunge in gold prices from 2530 to 2500 after the CPI data and the current rebound are in line with the logic of shorts. However, I think if it is a continuation of the short position, there will not be such a large rebound. The continuous rebound of 2500, the higher the price seems to be, the greater the probability of digging a pit, especially the rebound from 2510 in the morning as support. Unless it returns to below this position, I will not short today. Soon, gold will go unilaterally. It has closed the cross K line for three consecutive weeks. The daily BOLL closed at a high level. Now it is waiting for a suitable opportunity to directly break the range, and I am optimistic about the upward breakthrough. The bulls will soon challenge $2,600 this time. At present, the gold price is constantly rising from the lows of $2472, $2485, and $2500. The first rebound target is $2522-23, followed by $2528-30, and then $2538-40. The recent market should be prepared to get on the bus and wait for the market to start at any time. Today, gold uses $2,500 as the dividing point and $2,510 as the support area. Go long after the pullback, that is, change from yesterday's short thinking to low long. The rebound after the plunge is too big. This rebound is often not an opportunity to go short, but a slow rise to force shorts.
TVC:GOLD
by David_strategy
1
9.12 Technical Analysis of Gold Short-term OperationsIn the 4-hour period, the stochastic indicator is a dead cross downward, which is a bearish signal; however, the BOLL interval is obvious, forming an interval that has never been broken; in addition, the support bands of 2500-2490-2480-2470 have not all fallen through; 2: In the daily K, the stochastic indicator is in a state of blunt top divergence; bearish signal; the indicator is in a state of bluntness at a high level, waiting for stimulation; in terms of form, the market is resistant to falling, sideways, and since the high break, it is the second wave of rising break; it is expected that there will be a third wave of BOLL upward break upward trend later; Comprehensive Get up: In terms of thinking, priority is given to the trend thinking; in terms of support, the middle axis support position is near 2495, the lower axis track support is near 2445; the transition support position is near 2470; sideways support, then consider sideways; sideways support position is near 2508 and 2490 in the small range; War risk aversion is still continuing; therefore, short positions cannot be arranged at present; in terms of form, 2530 is not the peak high point of the form, so it is not recommended to arrange; breakout is handled according to the breakout of 2530/32 Today's focus: the number of initial jobless claims in the United States as of the week of September 7 (10,000 people)
TVC:GOLDLong
by David_strategy
2
Today's strategy is running in the range of 2500~2530The price fluctuated in a narrow range on Thursday, and the current price is around 2516. Gold prices rose and fell on Wednesday, supported by safe-haven buying. Gold prices rose to around 2529 earlier in the session on Wednesday, approaching the historical high, but after the US CPI data, gold gave up its gains and fell to around the 2500 mark at one point, as US inflation data prompted investors to reduce their expectations of the Federal Reserve's super-large interest rate cut next week, and the US dollar and Treasury yields strengthened. Higher-than-expected US core inflation data will become a problem for the Federal Reserve to cut interest rates by 50 basis points next Wednesday. The focus now is on the core CPI monthly rate data, which tends to increase concerns about stubborn inflation. Those among the FOMC members who are worried about monetary policy turning too fast or too decisively will certainly strongly oppose a 50 basis point rate cut next week. This is expected to provide some support for gold prices, as a rate cut will reduce the opportunity cost of holding gold. The US will release the Producer Price Index (PPI) report on Thursday, which may also help the market assess the scale of the Federal Reserve's September rate cut. In addition, investors are also paying attention to the US initial jobless claims report. We also need to pay attention to the ECB's interest rate decision and news related to the geopolitical situation. Technical aspect: Gold closed slightly lower yesterday, ending the two-day long bullish trend. The 20-cycle Bollinger Bands on the daily chart continued to shrink and the upper and lower tracks were compressed to 2527/2487. The RSI indicator was flat around the middle axis, and the MA10/7-day moving average was glued. There was no obvious trend in the short term, and the high-level wide fluctuations may continue. Continue to refer to the 2500-2530 range for high selling and low buying during the day. Trading strategy: 2496-2500 long, stop loss 2488, target 2520-2530; 2526-2530 short, stop loss 2539, target 2500-2490; See below for more signals
OANDA:XAUUSDLong
by Jun-goldFX
1
Analysis of 9.12 Gold Short-term Operation StrategySpot gold is currently trading around $25,118.46/oz, with a narrow range of fluctuations on Thursday (September 12). Gold prices rose and fell on Wednesday, supported by safe-haven buying. Gold prices rose to around $2,529 earlier in the session on Wednesday, approaching historical highs, but after the U.S. CPI data, gold prices gave up gains and fell to around the 2,500 mark, closing at $2,511.33/oz, as U.S. inflation data prompted investors to scale back expectations for the Fed's super-large rate cut next week, and the U.S. dollar and Treasury yields strengthened. First: Data, wash; before large data, gold prices have no external stimulation and it is difficult to form range fluctuations; what is large data, such as the mid-month interest rate meeting, such as the U.S. election in October, such as the Middle East war, the risk aversion of the Russian-Ukrainian war; therefore, these small data, like "ants shaking a big tree", are difficult to change the trend of the market; but they will form a wash trend; Second: On the market, the overall market is consolidating in the large range of 2470-2530; and it is controlled by bulls; this is the core; after several weeks of trend, the market is resistant to decline and it is difficult to form a sharp drop; without the emergence of strong negative fundamentals, it is not enough to change this high-range consolidation and high-range resistance to decline trend; In terms of data, small data are mainly for washing; on the market, it is high-range consolidation and high-range oscillation; understand this, at least it will not be very wrong; grasp the market trend, it will be relatively easy to do Detailed intraday operation strategy: Gold rebounds to 2522 short, defend 2530, target 2510-2500 Gold falls back to 2480 to go long, defend 2472, target 2490-2500
TVC:GOLD
by David_strategy
9.12 Gold Short-term AnalysisGold has been going up and down, but it still hasn't broken through the historical high. Gold is under pressure from the historical high resistance, so short at high, if it breaks through, follow up and go long, gold rebounds first under pressure Gold's 4-hour moving average is still dead cross short arrangement, gold's 4-hour high point long structure, gold rebound high pressure historical high resistance, so continue to short, gold rebounded 2525 in the morning, continue to short, if it breaks through the new high, follow up and go long, the market is looking at the present, the market is also looking at what kind of operation is corresponding, gold has not broken through the new high in one fell swoop, the high point is reasonable, so it is reasonable to continue to short at high Today's focus: The main refinancing interest of the European Central Bank in the euro zone to September 12 The number of initial jobless claims in the United States for the week ending September 7 The annual rate of the US PPI in August The monthly rate of the US PPI in August
TVC:GOLDShort
by David_strategy
1
Analysis of 9.11 Gold Short-term Operation StrategyGold fell as expected and we entered the market to short sell 4 times, earning a total of 24,000U When gold rebounded, we insisted that the high position would not break the historical high, so we would short sell. Gold was directly shorted at 2523, and the gold article also directly publicly suggested shorting at 2525. Gold fell sharply as expected and continued to build a top structure at a high level. It continued to short sell when it rebounded. Gold did not break through the new high many times in 4 hours, and there were multiple top structures at high levels. It can be seen that gold has heavy resistance at high levels and may fall back under pressure at any time. Gold rebounded in the US market and continued to short sell. Going against the trend, if you don’t advance, you will retreat. Gold has risen and fallen many times, and there is nothing special. It should be difficult for gold to directly set a new high in a short time. Gold rebounds and short sells. US trading operation ideas: Gold 2515 short, stop loss 2525, target 2505--2500
TVC:GOLDShort
by David_strategy
2
Analysis of gold price trend on WednesdayGold continued to rise on Wednesday, and the current price is around 2526. Gold prices continued to rise by about 0.42% on Tuesday, rising for two consecutive trading days. U.S. Treasury yields continued to weaken, hitting a 15-month low, providing momentum for gold prices to rise; the geopolitical situation remains tense, which also attracts safe-haven buying to support gold. Currently, market participants are preparing for the release of U.S. inflation data to find further clues on the extent of the Fed's interest rate cut next week. If the core CPI rises by 0.4% or more month-on-month, U.S. Treasury yields may rebound, causing gold to lose its footing. On the other hand, if the data is equal to or lower than market expectations, it may make it difficult for the dollar to attract investors, thereby helping gold to rise. It should be reminded that the U.S. dollar index fluctuated narrowly on Tuesday, holding on to the gains of the previous two trading days, which made gold bulls still cautious. The market is paying attention to the U.S. presidential candidate debate and inflation data. If Trump wins, the dollar will rise, tariffs may support the dollar, and increased fiscal spending may boost interest rates. Technical aspect Gold still maintains a bullish structure, with continuous daily increases. The New York closing price is above the MA10 daily average line of 2506, above the middle axis of the RSI indicator, and above the middle track of the Bollinger band and the 5-day average line of 2510. The short-term four-hour chart shows a continuous positive structure above the 2500 mark, the moving average system golden cross opens upward, and the RSI indicator hooks upward. Technically, gold maintains a bullish structure. The heavy data CPI in the US market needs to focus on the impact on the trend of the gold and silver markets. This data is comparable to the non-agricultural data and even better. At that time, the market volatility will increase. Trading strategy: 2503-2505 long, target 2520-2530; 2525-2528 short, target 2500-2490; Check out my profile for more free sharing and profits.
OANDA:XAUUSDLong
by Jun-goldFX
1