Gold - today may decrease slightly before growing- The correct purchase price was determined at yesterday's meeting...
- Today's session is bullish... 🔴Yesterday, bar D1 had a doge candlestick market and H1 created a small triangle pattern indicating the end of the downward correction wave. In this morning's Asian session, gold is up by a massive 194x, with further upside potential.
🔴 "The Palestinian-Israeli conflict is not over yet" At 6am this morning, Israel attacked a hospital in the Gaza Strip, causing many casualties. The war situation here is currently very tense, and as a result, the price of gold is skyrocketing.
🔴Despite the good news on retail sales, the US 10-year index and USD index both rose. However, gold prices are still rising without falling, showing strong and steady upward momentum.
Goldpreis
Gold will continue to go up as long as the war continuesGold Analysis October 16: War risk sentiment supports Gold price
- Fundamental analysis:
Gold had the most exciting trading session of 2023 when it increased from 1868 to 1932. The war between Israel and Hamas suddenly escalated when the Israeli government warned more than 1 million in northern Gaza to evacuate the area. Haven products such as Gold are supported to increase
Israel's announcement that it will completely destroy Hamas shows that this war may be long. This was a disastrous war, not only attacking military bases but also attacking civilians
There is no important economic news announced today. The market will continue to monitor the developments in the Israel-Hamas war.
- Technical analysis:
Gold has increased by $100 in the last week since last Monday's GAP creation. Gold's upward momentum still shows no signs of weakening, the target could be 1950
Buy Gold 1910 - 1908 SL - 1900 TP - 1923
Good luck!
GOLD for my correct predictions yesterday There has been little change in the market since the minutes of the Fed's monetary policy meeting were released in September. This highlighted concerns about U.S. economic growth and caused the Fed to become cautious about raising interest rates.
Dallas Fed President Rory Logan and Fed Director Christopher Waller have argued that rising U.S. Treasury yields in recent months could prompt the Fed to hold off on raising interest rates. Waller said on October 11 that higher market interest rates could help the Fed control inflation and allow policymakers to consider whether further rate hikes are necessary.
"Overall, the minutes indicate that Fed officials are increasingly concerned about recession risks to the U.S. economy," said Carl Schamotta, chief market strategist at Kopay in Toronto.
The recent weakness in the US dollar is due to a decline in US Treasury yields, with bond prices rising due to the Fed's "loose" stance on future interest rate hikes. Investors are now awaiting the release of the main inflation report today, October 12th, for further guidance on the future direction of interest rates. Additionally, the market is closely monitoring the conflict between Israel and the Islamic organization Hamas.
Conversely, the euro rose to $1.0634, its highest level since September 25th. Meanwhile, the pound rose to a three-week high of $1.2337.
Dutch central bank board member Klaas Nott said on October 11 that the ECB has made "important progress" in bringing inflation down to its target level, but there is still a long way to go and rules out the possibility of inflation rising. He said he could not. Interest rates may rise further in the future.
XAUUSD:10/10 Today’s Trading StrategyGold's rebound from 1810 was originally expected to continue its rise this week, with the pressure measured around 1840 and 1850. However, due to the impact of the news, it has now broken through the 1855 pressure. Therefore, according to the technical continuation needs, the top can focus on the early stage. Pressure around 1880. However, the current Palestinian-Israeli conflict will not be alleviated for a while, and the risk of further deterioration is very high. It may even completely change the situation in the Middle East and the United States' entry into the market. Therefore, under this favorable situation, gold may rise at any time, but it may fall. It is no longer that easy, so even if gold tests the technical pressure of 1880-1900 in the short term, it is not advisable to blindly see pressure adjustments based on technical trends. It is necessary to make early adjustments based on the fundamental situation.
Based on the current golden hour chart and daily structure, including the situation that the Palestinian-Israeli conflict is unlikely to be alleviated in a short period of time, gold is still expected to continue rising at the beginning of this week. However, due to yesterday's jump, some of the rising space has been eaten up in advance, so as much as possible Don't chase long, but wait for a moderate correction before considering going long. The short-term technical aspect has completely returned to the upward rhythm of the bull's strong rebound. Coupled with the impact of risk aversion in the current Palestinian-Israeli conflict, in the short-term perspective, gold prices will further rely on Monday's gap of 1835 to continue to maintain a volatile upward rhythm and break high. Today's lower support attention Around 1850-1852, the day's retracement relies on this position to continue to be bullish. The upper target level is still focused on breaking high. The bulls' strong dividing line focuses on yesterday's low 1844 line. The daily line level stabilizes and continues to maintain a strong unilateral rise above this position. The shape remains unchanged, and you need to be cautious when going against the trend. On the whole, today's short-term gold operation ideas suggest that the callback is mainly long, and the rebound is supplementary. The upper short-term focus is on the 1875-1880 first-line resistance, and the lower short-term focus is on 1850-1855.
SELL:1875-1878
SL:1883
TP1:1870
TP2:1865
BUY:1853-1855
SL:1847
TP1:1860
TP2:1865
Positive signals appeared causing gold to recover as Middle EastThe current spot price for gold on the global market is approximately $1,856 per ounce. The price of gold delivered at Comex New York in December was $1,872/oz. Gold prices rose after Israel refused to make peace with Hamas. Both Israel and Hamas appear determined to continue their attacks. Talks have begun between the EU, the US, the United Arab Emirates, Saudi Arabia, Jordan and Qatar, but it is seen as too early to reach an agreement. After Israel declared war, the price of gold rose as the price of crude oil, which is closely related to gold, rose.
gold price prediction
Experts at Leader Capital Markets told Reuters the dispute is likely to be long and severe.
ANZ Bank experts expect oil prices to continue rising in the near future. The recent rise in oil prices is also due to a decline in supply due to reduced production in OPEC+ countries. Iran's export cuts could cause supply bottlenecks in the fourth quarter. When the world is unstable, gold is often seen as protection from the storm. The ongoing conflict between Israel and Hamas is likely to prompt a shift towards safe-haven investments such as gold and the US dollar.
Currently, many organizations do not provide gold price forecasts. Much is said to depend on how long the conflict lasts and how tense the situation becomes.
Gold is still negativeHello, according to my analysis of the gold market. Gold is still under pressure from sellers despite the recent events that caused gold to rise strongly on this day. We notice the formation of a descending channel. There is also very strong resistance at 1895. good luck for everbody
GOLD UPDATEThat's what I see For #GOLD.
GOOD LUCK>>>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
XAUUSD:3/10 Today’s Trading StrategyGold prices fell to their lowest settlement price since March on Monday and are heading toward a so-called "death cross," which could lead to further falls.
In early Asian trading on Tuesday, spot gold continued its decline, with the price once hitting a nearly seven-month low of $1,815. However, fundamentally, “interest rates and the Fed’s hawkish stance are still the theme of this game and the market’s focus in the coming weeks. The main driving force”. The last time gold prices fell this low was more than six months ago, when a regional U.S. banking crisis triggered an influx of buyers. “Then, as now, pressure on gold prices came from rising U.S. government bond yields and an assessment of expectations for higher long-term interest rates.
Judging from the current daily structure, all important positions that could provide technical support in the past have been broken. It seems that the decline has lost its support basis. Gold bulls have been completely passive. Even if the US dollar index appears to be under pressure, it will not be helpful to gold bulls. Therefore, when gold can stop falling and rebound in the future, and when bulls can exert force, it may require the influence of fundamentals. Without the support of positive fundamental factors, even if gold stops falling and rebounds, its strength and space may not be able to eliminate the extreme emotional pressure of short sellers. Therefore, for the future trend of gold, we need to pay close attention to changes in fundamental factors and market sentiment.
Judging from the daily analysis, the gold moving average continues to cross downwards, and the short trend is still obvious. Gold has been falling all day without any rebound. It is difficult to say when this trend will bottom out. It can only be said that it continues to be short with the trend. Gold rebounded slightly to 1840 and then fell back. This shows that gold 1840 still has great resistance. Overall The technical pattern is very clear for short positions. Any rebound is a short-selling opportunity. Keep trading with the trend.
Taken together, today's gold operation idea is to focus on short selling on rebounds. If you go long on callbacks, you can only make about 5 US dollars before leaving the market.
SELL:1828~1830
SL:1835
TP1:1821
TP2:1816
TP3:1805
BUY:1805~1808
SL:1800
TP:1815
XAUUSD:4/10 Today’s Trading StrategyYesterday, the technical side of gold rose first and then fell. The Asian market quickly fell back and fell to near the 1815 mark, which ushered in a shock rebound. It rebounded further in the afternoon and went up to above 1825, falling into sideways consolidation. Later, the U.S. market accelerated slightly and surged above 1833, falling back and closing with shock. , the daily K-line closing suppressed the volatile negative line, and the overall price continued to be under pressure at the 1833 mark to continue the weak short position. The current weak short position line focuses on the opening of the US market yesterday at 1833, and the daily line level failed to break through and stand above this position to continue to maintain To suppress the short position, today's counter-draw continues to rely on the 1830-1833 area to be mainly bearish and then to see the decline. The lower target level is still focused on breaking the bottom. The upper part of the overall shape continues to maintain the suppressing short position unchanged. The counter-draw continues to be mainly bearish. Below 1833, the counter trend is long. You need to be cautious and continue to participate in transactions with the trend;
Judging from the one-hour pattern, the gold price fell rapidly yesterday and stopped at 1815, and then rebounded close to 17 US dollars. However, it was just a normal decline and rebound. After the pressure level is confirmed, the decline mode will continue. The turning point for shorts in the early stage was at 1830. The trend of the hourly line has repeatedly attacked 1830, but all of them have failed so far. The one-hour moving average pressure has been revised down to 1828, while the pressure on the trend line is at 1837. It has not stabilized at 1837. We are still We cannot think that the market has reversed, and if there are short signals during the period, we will continue to be bearish! In the short term during the day, continue to choose high-altitude operations; continue to follow the short principle! Today, focus on the resistance of 1830-1833 at the top and the support at 1815-1804 at the bottom. Continue to look down after breaking the position; the target position for this decline is 1800-1795 support, and the target will be bullish when the target reaches here;
Taken together, today's gold short-term operation thinking is Jiesse's suggestion to mainly go short on the rebound, and then go long on the pullback. The top short-term focus will be on the 1830-1833 first-line resistance, and the bottom short-term focus will be on the 1815-1804 first-line support. All friends must keep up with the rhythm. It is necessary to control positions and stop loss issues, set stop losses strictly, and never resist orders. The recent market turmoil has been relatively large, and opportunities and risks coexist. Control risks and gain profits.
SELL:1830~1828
SL:1835
TP1:1822
TP2:1816
BUY:1804~1806
SL:1799
TP:1815
GOLD SELLHello, according to my analysis of the gold market, there are good opportunities for selling. The price has reached a very important stage. The price reached a strong resistance at 1945.60. There is a downward trend as shown in the analysis. A very negative candlestick was formed on the 4-hour chart. We also notice a strong correction on the Fibonacci Golden Ratio of 61%. All these factors confirm that the market is for sale. good luck for everbody
GOLD 4H Further decline awaitsGOLD
The gold price has shown secondary and narrow trading since the morning, settling around the 1825 level, and therefore, no change in the expected bearish trend scenario for today,
Stabilized above 1825 would help the price reach 1832, 1846 , and 1861
For whatever reason if the price drops and stabilizes below 1825 it will be under selling pressure again to reach 1815, 1805 and 1792
Pivot Price: 1825
Resistance Price: 1834 & 1846 & 1861
Support price: 1815 & 1805 & 1792
timeframe: 4H
GOLD 4H (Pivot Price: 1825)GOLD
The gold price has shown secondary and narrow trading since the morning, settling around the 1825 level, and therefore, no change in the expected bearish trend scenario for today,
Stabilized above 1825 would help the price reach 1832, 1846 , and 1861
For whatever reason if the price drops and stabilizes below 1825 it will be under selling pressure again to reach 1815, 1805 and 1792
Pivot Price: 1825
Resistance Price: 1834 & 1846 & 1861
Support price: 1815 & 1805 & 1792
timeframe: 4H
GOLD 1day overview Gold fell below $1,830 an ounce on Tuesday, sinking to its weakest levels in seven months due to constant pressure from a strong dollar and surging Treasury yields. The dollar scaled fresh ten-month highs against a basket of peers and the 10-year US yield rallied to its highest levels since 2007 as strong US economic data bolstered the view that the Federal Reserve will keep interest rates higher for longer. The ISM Manufacturing PMI for the US released Monday indicated the smallest contraction in factory activity in nearly a year for September. Additionally, news that US lawmakers arrived at a temporary agreement over the weekend that would keep the government funded for 45 more days pressured the metal further. Investors now look ahead to comments from various Fed officials this week for additional insights into the central bank’s policy plans, as well as the key US monthly jobs report on Friday.
Gold is mostly traded on the OTC London market, the US futures market (COMEX), and the Shanghai Gold Exchange (SGE). The standard future contract is 100 troy ounces. Gold is an attractive investment during periods of political and economic uncertainty. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry. The biggest producers of gold are China, Australia, the United States, South Africa, Russia, Peru, and Indonesia. The biggest consumers of gold jewelry are India, China, the United States, Turkey, Saudi Arabia, Russia, and the UAE. The gold prices displayed in Trading Economics are based on over-the-counter (OTC) and contract-for-difference (CFD) financial instruments. Our gold prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
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GOLD 4H (Pivot Price: 1877)GOLD
The gold price has shown a secondary and narrow trading since the morning, settling around the 1877 level, and therefore, no change in the expected bearish trend scenario for today,
Stabilized above 1877 would help the price reach 1885 , 1893 , and 10902
For whatever reason if the price drops and stabilizes below 1877 it will be under selling pressure again to reach 1870, 1865 and 1860
Pivot Price: 1877
Defense prices: 1885, 1893 and
Support prices: 1870 & 1865 & 1860
Duration: 4H
XAUUSD:27/9 Today’s Trading StrategyWednesday: During the international prime Asian trading session, also boosted by the rebound from bottoming out overnight and the decline of the U.S. stock market, the decline stopped within a narrow range, but the fluctuations were limited, and there is still a risk of a short-term decline. Yesterday, gold once fell below 1900, the first low since August 23, and finally closed down 0.78% at 1900.74. After gold continued to decline in the previous trading day, it is currently temporarily supported at the 1900 mark. This is also the position where it was supported and rebounded in the last round of decline, but this time it will not be so lucky to rebound. After the market price touches this line, there is almost no rebound trend, but it continues to fluctuate around this line. It seems that the bulls have given up resistance, so it is only a matter of time before this position is broken. The correction pattern after a decline is nothing more than two situations, either a rebound correction or a sideways correction. After 1947 fell below 1915, there was a rebound from 1915 to 1930. This rebound is a rebound correction. Yesterday's shock around 1917 was a low-level sideways correction. Today's market is similar to yesterday's situation, which is also a low-level shock and sideways correction. After the sideways correction is completed, it will continue to move. fall. Yesterday was almost a unilateral decline. Gold rebounded weakly in the second half of the night. The highest in the early morning could only be around 1903.6, which shows that the market is extremely weak. In the short term today, it will continue to decline further. The next step may be to test the 1890 mark, so today's The operation is to follow the trend!
SELL:1905-1908
SL:1912
TP:1901
TP2:1896
BUY:1887-1890
SL:1883
TP1:1895
TP2:1900
XAUUSD:26/9 gold trading strategyIn Asian trading on Tuesday, the U.S. dollar index remained strong and is currently around 106.00. Spot gold continues to be suppressed, with the gold price currently trading around 1914. Gold prices are testing the key support level of 1911. Gold is technically bearish, with pressure still at the 1900 level. Gold prices fell on Monday, erasing Friday's rebound, with prices near last week's lows facing pressure from a stronger dollar and rising U.S. Treasury yields. The technical aspects of gold were suppressed yesterday in volatile trading, and then fell back and broke through the bottom to close. The Asian and European markets as a whole fluctuated in a narrow range around the 1921-1926 area. The US market repeatedly shot higher and tested the 1926 mark, and finally fell back under pressure and accelerated its decline. Closing at the 1915 mark in the evening, the overall price fell suppressed at the 1926 line. The current price has returned to the previous low near the 1915 mark and is running weakly. It is inevitable to continue downward in the short term, and the overall trend is still bearish.
Yesterday, the market closed with a big negative line with a slightly longer upper shadow line. After such a formation, today's market continues to be bearish. The 4-hour chart is under pressure and fluctuates around the middle rail, and today's short-term outlook continues to decline further. The next step It is possible to test 1900 and rely on the short-term high of 1917 as a defensive point to rebound and go short first. The resistance point moves down to 1920. The hourly chart is in a state of shock and turbulence. The moving average indicators are chaotic and divergent, with signs of a slight downward turn.
Today, Jiesse suggested to prioritize shorting at high levels and then going long at lows. Gold fluctuated and closed lower, so we will follow the trend. In the short term, focus on the 1917-1920 range for shorts at the top, and focus on the 1905-1908 US dollar support for longs at the bottom. If the bottom quickly breaks through the 1905 support, gold is expected to return to 1900 again.
Gold: Today’s Strategy Plan!
It is another volatile day for gold in Asia and Europe. Although the European market is rising, there is no pressure to break through 1930, and the bearish downward trend remains unchanged. The current price of 1925 in the US market is directly short, bearish!
Looking at the trend of gold, there is an obvious bearish downward trend, and many rebounds have failed to break through the pressure position of 1930. The upward attack is weak. The 1930 position is the end of this rebound and the starting point for another decline! Next, gold will test 1910 or even lower for the second time!
The current position of gold is a volatile trend. This wave of decline will have to test the support of the lower Bollinger Band before it can rebound again! Therefore, we will continue to be bearish next. We will be short at 1925, and our defense will be the pressure position of 1930!
XAUUSD: 22/9 Today Trading StrategyGold rebounded slightly on Friday after yesterday's heavy losses, and the price of gold is now around 1925. The Federal Reserve kept interest rates unchanged as scheduled on Wednesday. There is still the possibility of the Federal Reserve raising interest rates in the future, pushing the US dollar higher, which will put pressure on gold prices in the short term. Gold prices fell to their lowest yesterday, near 1913. Today is the last transaction of the week. Today, gold's fluctuations this week can be described as twists and turns. Yesterday, the gold market continued its decline. It opened at 1930.8 in early trading, and then the market rose slightly to 1931.5. Then the market began to fall back, with the daily minimum reaching around 1913. Afterwards, the market consolidated, and the daily line finally closed at 1919, and then the daily line closed at 1919. The line closes with a big negative line with a long lower shadow. After finishing in this form, today's market still has certain technical needs for adjustment. On the 4-hour chart, there has been a wave of negative declines, and it has returned to a wide range of shocks. There is still support close to the 1900 mark. Judging from the closing situation at the end of the day, it is not a unilateral weak decline.
Gold operating strategy:
BUY:1912-1915
SL:1908
TP1:1920
TP2:1925
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GOLD:Trading strategy
Today, gold is performing very strongly, and it can't even fall in 1922, but it hasn't broken through 1930 yet, so it's still uncertain about the direction of gold.
Now we can only judge that the approximate range of gold is 1920-1930.
So we trade around the range.
Short-term fast trading
Gold:buy1915-1920
TP1:1925
TP2:1927
TP3:1930 (If you break through strongly, you can continue to hold)
SL:1913
Gold:sell1928-1930
TP1:1924
TP2:1922
TP3:1915 (If you break through strongly, you can continue to hold)
SL:1935
The above strategies are only effective within the range, pay attention to risks
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Gold: The rise continues, and 1920 continues to follow the trend
Gold has turned around and started a band rebound, and the target of this band rebound is the 1930 position. The current market is moving steadily towards the goal step by step! The U.S. market fell back and relied on the support of 1914 to continue to go long!
Gold's current decline has ended and a band rebound has begun! It can be seen at the 4-hour level that after gold fell to 1900, the macd diverged, and then the market started to rise and broke through the 1915 position, which was directly suppressed, indicating that the breakthrough was effective!
After the breakthrough, the rally started. In the short term, the current rebound has touched the pressure of the 4-hour upper Bollinger Band. The possibility of a direct breakthrough is small. It needs to fall back and gain momentum again before breaking through. Then the previous pressure of 1915 has become the current Effective support, the US market will rely on this support to go long and bullish! The next target is the 1930 position!
Short gold 15-16, finally try short position
For gold, yesterday's U.S. market was stimulated by the news and quickly fell back to around 1901 and then stopped pulling back. When the big positive line was rising, the long and short did not reveal much trend. In the continuous falling market, The support below 1900 first took hold, and this position will also be our key breakthrough point in the later period. If the support at this position effectively generates a rebound, a bullish reversal is likely to form in the short term, and the key suppression opening above It remains near 1915. This position is also a key suppression area. With the suppression of the short-term moving average during the day, it is likely to form an effective breakthrough again. At present, when gold bulls are counterattacking, they do not give a strong signal. We can still continue to try to go short and wait, and once it breaks through around 1920, we still need to adjust the trend in time. Otherwise, it is likely to be a second washout by the short sellers, and gold will first hit 1915-1915 in the short term. Shorting near 1916, target around 1905-1900, loss 1921.5
golden signal
xauusd:sell1915-1916 tp1905-1900 sl1921.5
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XAUUSD: Wait for the rebound and continue to sell at high levelsThere is a lot of content today, but it will definitely be helpful to everyone. Read it carefully.
Last night's CPI data did not fluctuate much. Although it was negative, the market fluctuations only dipped quickly and then rose, digesting the stimulation of the news. The market fluctuations were just a smile! At present, the price is still in a state of shock, stably operating under the suppression of the trend line. The short sellers are still in an advantageous position and will continue to fall after the shock. We are waiting for the rebound to continue selling!
Width determines depth. There is only one trend in the market that can be swallowed up in an instant, and that is a sudden break after a long period of repeated fluctuations, and the price will keep moving forward like a wild horse! From the perspective of quantitative market sentiment, a sudden rise is opposite to a sudden fall. For example, last night it fell below the previous low support of 1907 and then quickly recovered. This is a relatively typical representative. Shocks correspond to unilateral movements. I believe everyone is familiar with this! For example, in the early period, the 1915-1930 range repeatedly fluctuated and then came out of a new space! Then this shock will inevitably determine a new direction, and this direction is the short direction. I have made it very clear, you have the final say whether to follow or not!
In recent days, after the price fell below the support of 1917, I have been emphasizing the need to go short and make profits many times. A small inducement will lead to buying the bottom, and I will only increase the position and go short again! I believe everyone knows the reason why the short order was placed at 1914-1915 yesterday! Some things don’t need to be explained. Those who know how to follow them will have the wisdom to follow them and not fall behind! During the day, we will focus on the short-term pressure of 1914-1916. Sell if the rebound is in place. The lower support will focus on last night's lows of 1905 and 1900. This is also our first target for shorts!