Xauusd:Narrow fluctuation
During the Thanksgiving holiday, the U.S. market was basically closed. Everyone also discovered that yesterday's market was basically dominated by narrow fluctuations, and there was no big opportunity.
Gold only had a volatility of 10pips yesterday, the highest point was 1998, while the previous day's high was in 2006. It can be found that not only the volume is falling, but the highest point is also moving.
As can be seen from the chart, the resistance level is 1994-1996, and the support of 1984-1987 is concerned below.
Today should also be a narrow fluctuation. You can choose to sell at a high level, buy at a low level, and strictly stop loss, so that your success rate will be greatly increased.
If you don't know how to trade, join me and let us learn together to improve the success rate
Goldpreis
Xauusd:The forecast is completely correct
This week, focus on the release of the latest minutes of the Federal Open Market Committee meeting and existing home sales data for October on Tuesday, and the release of durable goods data for October, the University of Michigan consumer confidence data for November, and the number of people applying for unemployment benefits at the beginning of each week on Wednesday.The market will also be closed on Thursday due to the Thanksgiving holiday in the United States.
As the U.S. economy shows signs of inflationary pressure and the labor market cools, the market expects the Fed to stop raising interest rates, causing the dollar to weaken throughout the week and gold to rise.Although the Fed's aggressive interest rate stance has attracted widespread market attention, as global financial markets become more and more worried about the size of U.S. debt, investors should also pay attention to its balance sheet.
Today, the lowest gold reached 1973, and the highest reached 1993 last week.
From the chart, you can see that gold fluctuates between the trend 1965-1993
So we can choose to trade in this range and strictly set the stop loss, so that your success rate will be greatly increased
This is my forecast this morning. Gold stopped falling and rebounded in 1965 according to my forecast.
If you don't know how to trade, join me and let us learn together to improve the success rate
🐬 New trend of GOLDEllie wants to send you some small analysis, hope you will like it. Thanks for reading ♥
If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold cannot surpass the 2,000 - 02 range, then we will sell earlier with a target price of 5 - 7.
The price is 1,991.30
Please trade carefully, don't turn it into a game but turn it into an investment opportunity ♥♥♥
GOLD ( XAUUSD ) Long Term Buying 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
Xauusd:Will it continue to rise?
The number of people continuing to apply for unemployment benefits in the United States reached the highest level since 2022, and the number of people applying for unemployment benefits for the first time rose to 231,000, the highest level in nearly three months.Coupled with recent inflation data, it strengthens the view that the Fed is unlikely to raise interest rates further.These unfavorable U.S. economic data have exacerbated the decline in U.S. Treasury bonds, which are usually regarded as the cost of holding non-yielding metals, causing gold to soar.
Yesterday, after breaking through 1975, gold rose rapidly, reaching a peak of 1992 today.
Judging from the indicators, the 4H-level RSI has been overbought twice, and 1H has also reached the top of the trend.
ut the important resistance above is near 2007
Today is Friday, so you need to trade more cautiously
If you don't know how to trade, join me and let us learn together to improve the success rate
GOLD price is recoveringhello everyone,The price of gold confirmed the breach of the 1987 level after closing the daily candle above it, opening the way for the continuation of the rise and heading towards achieving positive targets starting at 2000 and then 2009 , so that the upward bias is likely for today, supported by the 50 moving average that carries the price from below.
We point out that the continuation of the bullish wave requires stability above 1987, and most importantly above 1963 , as breaking this level represents a negative factor that will put pressure on the price to return to the downward corrective path again.
Pivot Price: 1987
Resistance prices: 2000 & 2009 & 2031
Support prices: 1975 & 1963 & 1955
The general trend expected for today: bullish
Xauusd:Repeated trend
The U.S. PPI in October exceeded expectations and fell to 1.3% year-on-year, down 0.5% sequentially to the largest monthly decline in three and a half years since April 2020.The core PPI grew at zero in October and increased by 2.4% year-on-year to the lowest since the beginning of 2021. The unexpected slowdown made the market further believe that the Fed's interest rate hike cycle has ended, and the bets on interest rate increases in December this year and January next year remain at zero.
The New York Fed manufacturing index released at the same time in November turned positive at 9.1, rising to the highest since April.Retail sales fell by 0.1% in October, turning negative for the first time since March, but the decline was smaller than the expected 0.3%.Both of these data are positive for the dollar.
The Federal Reserve's next year's voting committee and San Francisco Fed Chairman Daley said that the data show that inflation in the United States has slowed further. The Fed should think carefully and remain patient for a period of time. Intermittent tightening may affect the Fed's credibility.(Implying that interest rates will be raised) Richmond Fed Chairman Balkin, who is also on the voting committee next year, said that the continued strong growth of the US economy may keep interest rates high.
Yesterday, gold fell as low as near 1955, basically the same as I expected, but it did not fall below 1950.
As can be seen from the chart, the resistance of 1975 is very high, and it directly broke the short-term support of 1960, so if you can't break through 1975 today, it is very likely to fall again.
We need to pay attention to the upper resistance point range:
1968-1972
1974-1976
Pay attention to the range of support points below:
1950-1955
1944-1949
So you can still sell in the resistance range, but the US unemployment benefits data will be released today (this data will also affect the trend of gold), you can also wait for the data to be released before selling.
If you don't know how to trade, join me and let us learn together to improve the success rate
XAUUSD:13/11 Today’s Trading StrategyDuring Monday's Asian trading session, the price of spot gold continued to be under pressure, with the current gold price around 1,939. Last Friday, spot gold dropped sharply by $20.38, or 1.04%, at the close, with the final closing price being 1938.07. From the instant breakdown in early trading to the rapid recovery of 1918, the price of gold has now fallen below multiple support levels at the daily level. At the same time, the trend of the K-line continues to be suppressed by the short-term moving average, showing a volatile downward trend. Then gold's downside space on the daily level may not be fully released yet. At present, we need to pay close attention to the pressure in the price range of 1943-1945. If this pressure level cannot be effectively broken, the price of gold may continue to fall.
Over the last week, gold prices have continued to fall and fell below new lows, and the bearish trend remains very strong. If gold prices continue to rebound and rise, the resistance level of 1944-1947 will put greater pressure on bulls. At the same time, it is calculated that the upper long-short dividing line is located at 1954. Before the gold price fails to break through this level, the downward trend of gold will not change. The lower support level focuses on the 1930-1920 area.
Comprehensive analysis: After gold plummets, the market may experience a volatile range. However, if the breakout to the upside cannot continue, then the bearish trend will continue. Therefore, today's operation strategy is mainly to consider rebound short selling, supplemented by long low position.
SELL:1944~1947
SL:1951
TP1:1938
TP2:1932
BUY:1929~1931
SL:1927
TP1:1935
TP2:1938
GOLD price achieves the targethello everyone, The price of gold was able to touch our expected target at 1933.30, which represents the 38.2% Fibonacci retracement level of the rise that was measured from 1810.33 to 2009.30, and is under continuous negative pressure formed by the moving average 50, in addition to being affected by the previously completed double top pattern, which supports the chances of surpassing the level. The current price is to open the way for a further downward correction, the next target of which reaches 1909.80.
Therefore, we expect to witness additional negative trading during the coming sessions, keeping in mind that failure to break 1933.30 will lead the price to attempt to build an upward wave, mainly targeting testing the 1962.35 level.
Pivot Price: 1933
Resistance prices: 1953 & 1962 & 1976
Support prices: 1925 & 1911 & 1897
The general trend expected for today: bearish
Gold operation method next week
Gold fell to 1993 this week and was blocked, falling to the key support line of 1933. This week is a downward trend. If we look at the continuation of the trend, it will continue to fall next week, but we cannot continue to be short until 1933 is effectively broken.
The weekly resistance at the top this week is around 1971, the support at the bottom is around 1933, and the super support is around 1910. If it doesn’t fall below 1930 after the opening next week, you can try to go long first.
Gold prices found resistance near 1961 on Friday, eventually ending in a downtrend. The resistance will be near 1955 next week. If it does not break above, you can go short first at a high price. When the price is close to 1933, it is still recommended to go long first, and then continue to go short once it falls to 1933 and then rebounds.
Next week's gold operating price range: 1933-1955 at the beginning of next week. Before the upper support and lower pressure have not broken through, go short at the high level and long at the low level. Take a trend following approach if price resistance is broken
Next week I will bring you more analysis, please join me, I will share more trading signals and analysis
XAUUSD:10/11 Today’s Trading StrategyOn Friday, gold in the Asian market was operating in the 1955-1960 range. Spot gold ended three consecutive days of decline, getting rid of the lowest point in nearly three weeks, and once exceeded 1960. From the perspective of technical analysis, the daily head-and-shoulders top pattern has been partially formed, and the right shoulder's 2004 decline has now reached $50. This decline may have room for correction in today's trading. At present, after three consecutive trading days of decline, the market has rebounded, but the pressure point is located near the 1970 middle track of the daily cycle Bollinger Bands. Therefore, the key resistance level for today’s intraday rebound is near 1970. If it can hold above 1970, the market may continue to rise.
Gold stabilized at a low level yesterday and rose, forming a double bottom at 1944. Gold's US market combined with data pushed it higher. The highest point was resistance at 1965.4, and finally closed at 1958.33. The daily line ends with a small positive line with an upper shadow line. After the continuous decline, the gold price closed the positive line for the first time. This does not yet represent a reversal of the trend. The short trend temporarily paused and changed from a straight decline to a shock range. At the four-hour level, the Bollinger Bands show signs of narrowing. The dividing line between long and short is at 1979. After breaking through this level, the price of gold will strengthen again. Otherwise, it will continue to maintain a short retracement. The support below will focus on 1953, and if it breaks, look at 1944.
SELL:1968-1970
SL:1975
TP1:1962
TP2:1955
BUY:1947-1950
SL:1944
TP1:1957
TP2:1963
XAUUSD: 9/11 Trading strategy todayIn Thursday’s Asian trading, the price of gold fluctuated around 1950. As concerns about volatility gradually ease, gold prices have continued to fall over the past three trading days, and the precious metals market appears to have entered a correction phase. Yesterday Wednesday, gold prices fell for the third consecutive day. Spot gold prices fell for a third straight session, falling to a fresh three-week low. During the U.S. trading session, the decline in gold prices further expanded, falling below the key price of 1950, and finally closed down 0.97%.
Gold continued to fluctuate and fall yesterday, forming a resistance level in the 1970 area. The price of gold showed a downward trend since the early trading, and fell to the lowest point of 1947 in late trading, finally closing at 1950. There is a big negative line on the daily chart. The closing price did not break through the previous high, but the lowest price hit a new low, showing that the gold short market is still continuing. From the four-hour level, gold encountered resistance after reaching a high, then experienced a short decline and showed a divergent trend. It is currently in the acceleration stage of three waves of decline. The support below is at 1939, while the dividing line between long and short is at 1960. At the same time, the key point of 1970, where the price of gold breaks down, is also an important resistance level.
Comprehensive analysis: Gold is currently still in a short trend. The short-term gold operation strategy during the day suggests that the top short-term focus is on the resistance level of 1958~1960 for selling, and the bottom short-term focus is on the 1938~1940 support level for buying.
Golden Wednesday signal sharing
As the war confrontation weakened, the impact of gold changed from the impact of war to the impact of interest rates.
The FOMC did not discuss a rate cut. At present, economic inflation in the United States is still too high, and the data seems to be moving towards 3% rather than 2%. Therefore, Fed Governor Bowman also said that further interest rate increases are still expected.
The current fundamental news released does not seem to be conducive to the rise of gold, but bull investors do not need to panic too much. The extent to which the fundamentals affect the market depends on the intensity of digestion.
From a technical perspective, yesterday gold fell from 1978 to 1955 and then returned to around 1970. We can observe the buying and selling candles of 1970 and give an operating range:
sell:1972-1974 tp1962-1958
I will update more trading signals and trend analysis, please join me if you need it.
XAUUSD: 7/11 Today’s Trading StrategyLooking at the 4-hour chart of gold, after yesterday's round of highs and declines, the price of gold has now returned to below 1980. On the 4-hour chart, the MACD signal line crosses downwards, indicating a bearish tendency in the short term. Below, continue to pay attention to the initial support area 1965-1970 mentioned last week. If this area fails, the consolidation pullback will further test the support of prices such as 1950 and 1930. Only if the upper level stabilizes above 2000, may there be a further upward trend towards high levels.
Gold’s 1-hour rebound highs are successively lower. Gold’s 1-hour triple top structure. The rebound is an opportunity for shorts. Today’s gold rebound basically has no strength. Just continue to short. Shorting may be just the beginning, unless gold The big positive line stabilizes and rises, otherwise there is still a lot of room for gold shorts. Today's gold short-term operation ideas suggest that rebounding and shorting are the main focus. The top short-term focus is on the 1980~1982 first-line resistance, and the bottom short-term focus is on the 1963/1953 support.
BUY:1962-1964
SL:1958
TP1:1970
TP2:1976
SELL:1980-1982
SL:1987
TP1:1975
TP2:1970
XAUUSD:1/11 Today’s Trading StrategyIn Asian trading on Wednesday, the price of gold was around 1,984. Previously, the United States released a series of weak economic data, which stimulated investors' demand for the U.S. dollar, causing a slight correction in gold prices after rising slightly on Tuesday. However, despite the certain correction in gold prices, overall, gold is still supported by some positive factors.
The gold market was choppy yesterday. The price opened at 1995.7 in early trading and then fell back to 1990.4. However, after the US market opened, gold prices began to rise and hit the highs of 2008. However, due to the subsequent rise in the U.S. dollar index driven by fundamental factors, the price of gold fell rapidly in late trading, even falling below the early low, with the daily lowest price reaching 1978.6. Finally, the closing price of gold was 1983.8, forming a middle Yin line with a long upper shadow line. Such a trend indicates that there is technical downward pressure. The 4-hour indicator shows that gold is currently in a bullish trend, but it tends to fluctuate in the short term. The 1-hour chart formed a double top, and the price bottomed out during the U.S. trading session, but the upward momentum was insufficient. Therefore, for short-term gold operations, you can first consider converting to a main short operation, and then consider long operations after the correction. Gold rushes higher and retraces, and the operating space moves downward. Today, focus on the resistance of 1990-1993 for short-term short-term positions at the top, and the support of 1972-1975 at the bottom for long-term positions.
SELL:1990~1993
SL:1997
TP1:1886
TP2:1882
BUY:1972~1975
SL:1969
TP1:1979
TP2:1984
waiting for a signal from the FedThe main stock indexes on Wall Street continued to extend their climbing streak, while US 10-year Treasury yields also increased as investors braced for speeches by at least nine officials. Federal Reserve (Fed) officials this week, including Fed Chairman Jerome Powell on November 9.
According to CME FedWatch, traders are discounting a 90% chance that the Fed will leave interest rates unchanged at its December meeting.
Gold Friday Trading Strategy
Gold tested the upper pressure point of 1992 again yesterday, and then fell to 1979. At present, it seems that gold will not break through 1992 and will still fall. Today's US non-farm data and US unemployment data will cause large fluctuations in gold prices. , if the upper suppression point is still strong, we will look at 1966 below and give everyone’s temporary operation strategy:
sell:1992-1988 tp1978-1975 sl1995
If gold breaks through 1995, consider buying gold backhand
If you want more analysis and signals, please join me.
Xauusd:What is gold waiting for?
Monday's volatility determined two points. First, gold surged to 2009 last Friday, indicating that the resistance in 2010 is very strong. Second, gold supported 1990 yesterday, and the support at this point is also strong.There was no key data in the market on Tuesday. Then, there is a high probability that gold will not be able to leave the 1990-2010 range. If it unexpectedly falls below 1990, the strong support point below will be 1980.
From the technical point of view, the daily K-line has been operating on the support of the 5- and 10-day moving average. 1990 is the support of the 5-day moving average and 1980 is the support of the 10-day moving average. Therefore, today we only need to pay attention to the strength of these two support points.
We need to pay attention to the upper resistance point range:
2002-2010
Pay attention to the range of support points below:
1990-1992
1980-1983
Today you can still sell in the above resistance range, or you can buy in the support range
When trading, you can enter in batches according to your own funds and strictly set SL to ensure the success rate of your account.
If you don't know how to trade, join me and let us learn together to improve the success rate
Important developments of GOLD🔴Gold price assessment
📌Gold rose sharply on Friday as the war situation in the Middle East continued to heat up. Israel expanded its bombing of the Gaza Strip, causing local Internet and phone services in Gaza to be cut off. Gold prices increased to the same level as in 2010, the highest level recorded in the past 5 months.
💢The war has greatly affected the price of gold. Everyone should carefully place SL TP when trading.💢
Accurate signals for gold
Gold, bulls began to retrace yesterday, reaching the lowest level of 1990 before stopping. After testing this position many times, it got a certain amount of support and reached the bulls' willingness to repair. Then we can temporarily make a certain bull layout around this position during the day. , of course, once this position continues to break, we still need to adjust the later direction in time. The daily line closed yesterday's big negative line. Although it is in a continuous rising form, a single negative retracement may be a way to repair it, and below The short-term moving average is also gradually rising, which can also provide a certain support effect. There is still a desire to rise in the short term, and the current hourly line shows a weak retracement situation, but the middle rail position below also needs to test the support effect, and currently gold While the top touches the 2009 line and then starts to retreat, the bottom support will also remain at the 1990 line, so we will first look at the shock within the range during the day. temporary trading strategies
Gold: buy1988-1990, tp2001-2003, sl1982.
If you want more real-time accurate signals, please join me