Gold trading recommendations today
The gold Yinxian fell below the 1-hour mid-track, which is the best signal for the end of the bulls, which is to be shorted, but this cannot determine the low point, so we can only use other methods to continue to hold short orders
Although there is a bottom structure, gold has not yet tested whether the neckline support is effective. Moreover, the price of gold was suppressed by the daily pressure level yesterday, and it plummeted by 15 US dollars in a straight line, which shows the great pressure.
Trading straregy:
gold: sell@1962 tp1:1952
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
Goldpreis
Gold strategy
Gold after yesterday's rise, the highest level is 1963.32, without breaking through 1965 there is still a chance for us bears. At present, gold is still at a high level, for the current market, can it continue to go short? In this regard, I think that the short-term can be bearish within the day, mainly depending on the strength of the decline
My view of gold in the near future is to see it finish the downward trend at the bottom position and then lay out the rebound market. But before the non-farm payrolls announcement, gold began to enter a correction period
My general view of gold at the moment. Last night was the release of relevant US economic data, simply put, house prices rose, indicating that the real estate market is developing well, which is good for the US economy and bearish for gold. As well as the consumer confidence index, the release value is higher than expected, which can also indicate that the US economy has been boosted, and the masses have begun to remain active in the consumer market, which is also positive for the dollar and bearish gold.
Looking at the short-term 1 hour, gold began to fall from the high of 1959 this morning, the lowest was to the position of 1954, and after an hour of line change, it began to rebound again. The current narrow range of oscillations is 1950-1960, with the initial resistance above the 1965 area, followed by the upward look above 1970.
This sudden rise will inevitably push up the support in the short term of gold. 1950 became the first support, 1940 became a strong support, if this level can be broken, then we will continue the previous short strategy.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Gold is under negative pressureHello traders. According to my analysis of the gold market, it is still in a negative state. down channel. With broken area in yellow as shown in the analysis. In case the price returns to test this area. And the downtrend area, we will witness a violent decline towards 1900. Good luck to everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
XAUUSD:Trading advice for the day
News of the debt deal in Washington comes as markets are quiet in the United States and parts of Europe, including Britain, during the holidays. The agreement still needs to be passed by Congress before it can be implemented. The US rate hike cycle may not end as soon as hoped, as there are signs of a strong economy, which have supported and will continue to support the dollar. Gold prices hovered near lows on Monday as the U.S. debt ceiling deal eased investor concerns while the possibility of a rate hike by the Federal Reserve dampened demand for gold. On May 30, the key data to pay attention to, the US Chamber of Commerce Consumer Confidence Index for May, the key data will be released from Thursday!
Monday's intraday test of 1948 was followed by a wave of declines that broke through the support of the previous low of 1936, and as long as the last downward high of 1958 was not broken, the short-term estimate is closer to 1900
Today gold has been hovering around 1930-1945, the market is still waiting for news, at this time we can choose to go short at the high and support long.
Trading advice for the day
gold:sell@1945-1942 tp:1935-1925
Accurately grasp every trading signal, help friends who trust me, and realize freedom of wealth
Gold continued to fall below the bottom, bottoming out to see 19
In gold, it continued to fall, and the price broke the bottom again and closed at the lowest point. This means that as long as the European market cannot go out extremely weak, there is no chance to break the bottom again today.
The position considered above continued to fall yesterday night at the 1953-54 line. And this point coincides with the 618 level where yesterday's decline was.
Thus, evening buy@1945-44, tp1 1951-52. tp21957-60 Because the price rebounded to this point, the probability of breaking the bottom is not large, and the component of the shock closing recovery is high.
Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.
Gold trading analysis today
Gold is suppressed by the triple top of the weekly monthly line, basically there is no rebound strength, each rebound is ushering in a faster decline, the 1-hour downward trend line also continues to suppress gold upward, the moving average dead cross arrangement, the opening continues to open, the bearish trend continues to be obvious
Trading strategy
gold:sell@1940-1943 tp1934-1932
Gold trading recommendations today
Gold rebounded but 1950, continue to be short
The current decline of gold is still the same, the rebound is not under pressure, and it will continue to make new lows after the shock! Relying on the key pressure position is short
The current gold is undoubtedly still in a downward trend. On the 4-hour level, gold fluctuates all the way down! And it keeps breaking new lows, and the high point connection forms the suppression of the current downward trend line! It is also the key resistance of this rebound!
Before breaking through the suppression of the downward trend line, gold will continue to fluctuate downward, and will continue to break new lows! The longer the shock, the stronger the explosive power!
Trading straregy:
gold: sell@1950 tp1:1935 tp2:1925
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
1925 or 1955? What will happen on Tuesday?The markets are busy today, and the US Dollar is losing value as investors anticipate a positive response to news of a US debt agreement.
The market is confident that Congress will approve the agreement on Wednesday, which is reflected in the performance of U.S. Treasuries and stock futures.
Gold prices are currently at a two-month low of $1,937, and there is a risk that they could decline further if investors continue to move towards riskier assets.
While the US Dollar's value is expected to remain relatively stable due to the Fed's upward bets and the recent positive economic data, there may be some fluctuations in the near future.
Anyhow, I still believe in another rally before the price returns to $1925.
And my rally target this time will be around 1955$ - 1960$
Let's wait for the running strategy.
Gold trading recommendations today
The current decline of gold remains unchanged, and the rebound is still a short-selling opportunity! The pressure in 1957 above is obvious!
The current gold is in a downward trend. Shorting is the only strategy at present. The thinking is clear. The remaining execution points rely on key pressures, and we should deal with them immediately!
From the perspective of the 4-hour level, gold fluctuates and fluctuates, and after each shock, it will break a new low! Mainly operate at high altitudes, relying on the suppression of the downward trend line, and the upper horizontal pressure of 1957 to dry up, continue to look at new lows!
Trading straregy:
Trading strategy for next week:
gold: sell@1957 tp1:1950 tp2:1940
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
GOLD: The influence of USDUS Dollar eases from recent peaks near 104.40
If the Federal Reserve meeting were to take place today, it is likely that the interest rates would remain unchanged due to the current uncertainty surrounding banks. However, the markets can change significantly within a week. If the upcoming weekend remains peaceful with no urgent need to rescue any banks, there is a high likelihood of a 25 basis points increase in the rates. The Federal Reserve continues to hike rates until it hits a roadblock. In case that obstacle is only Silicon Valley Bank (SVB), the persistently high inflation rates may lead to further hikes. This, in turn, would strengthen the US Dollar and eventually result in a decline in stocks once the initial relief rally wears off due to a lack of new bank failures.
Gold trading advice for next week
Gold has been short recently, although there is a rebound in the gold process, but in the end it is still constantly making new lows, and each rebound is to give a better opportunity to short.
Recently, it should also make everyone feel the charm of the trend, for the bears, each rebound is an opportunity to dry short, for the bulls, probably every time there is a rebound, it feels like a reversal, but just when the bulls are proud, gold turns down again, continues to make new lows, this is a clear bearish trend
Trading strategy for next week:
gold: sell@1958 tp1:1940 tp2:1935
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
GOLD - Long from discount zone ✅Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental analysis: Next week on Friday we have news on USD, will be released monthly NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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XAUUSD BUY PROJECTION 28.05.23Reson Behind XAUUSD/GOLD Bullish
1. Tecnically Obey Strong Suport @ 1920-1925
2. Retrace the Paralle Trendline and Make Contination in Trend
3. Formation of Double Bottom Make teh pair to Make Higher High
Fundamental DXY Analysis
Marlet clearly Breaked Resistance and trend line and Moving over the Higher Resis of 105
If market Obey the support @ 105 then the Gold Make the strong Bullish Over teh taget Price of 2020
Overall Possibel outcomes
XAUUSD BUY @ 1920-1930
SL 1890
TP 1 1982
TP2 2020
The gold cycle turned negative and fell, and the reverse pumping
In terms of gold, it went down cyclically, which is the single positive and three negative on the daily side, and then turned negative again, opening a new round of decline, and yesterday morning, we also highlighted the decline on the daily line.
This is the support area of the bulls that we calculate according to the amplitude ratio, in other words, after the price falls below 1950, a relative support level will be formed, also called the margin of safety of the bulls, because from last year's rising range, each upside and downside adjustment is the same.
So, when the price falls below the margin of safety, it means that a new long point is coming, and this is the bullish support point that we need to consider this week.
For yesterday's market, there are two technical points:
First, because Monday is a strong rise, the daily sun is big, but the overall trend is bearish, so we look at the direction in this weak market, especially bearish, that is, to suppress the intraday market below the previous day's high as a guide.
Yesterday was a typical price in the European market did not break high, and then the US market looked down, which is also one of the key technical points we highlighted yesterday.
Second, it can also be based on the European market to break the bottom, the US market first upward counter-pump, on the one hand, 5-8 o'clock weakened, the hour line presents a single yin and yang, then in this process, the US market as long as the counter-draw, the second time can be laid out.
Of course, the high is the watershed of the loss level for the bulls. Below is the 618 position 1970 line, the most important thing is that the price in the US market did not go extremely weak, but continued to fall in the early morning.
This makes today's market go in a very weak pattern, the morning retracement is extremely weak, and it is a break through the bottom of the hourly line and a big fall, so according to the current rhythm. As long as the counter-draw, it is still necessary to carry out a secondary short, the low point is 1955-57, but it is not suitable for long, the top of the small line long black candle is in 1968-69, according to the current price, if you want to rebound, you have to have a larger counter-draw.
So the degree may not be very large, the focus is still on the European market, sell 1971-70, TP: 1953-51
If the previous low is broken within the day, then the rally is still short. The rhythm of the daily line is a cycle, that is, the daily line is overcast.
Therefore, no matter how to reverse the draw, it can only be empty, and can no longer be bottomed. And considering the price of the bottom, it must be what we call the daily cycle range, after the game midline position Cardo.
Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.
GOLD: WHAT WILL HAPPEN?Two of the strongest months for gold tend to be January and August. However, over the last 25 years, the weakest month for gold has been March. The early bounce in gold around the turn of the month has largely been on a retracement in the USD and yields after heavy re-pricing on Fed rates. However, the outlook moving forward for gold is likely to continue to reflect the path of US rates. Aggressive Fed hiking expectations, especially if Fed speakers start to talk about rates at 6%, would likely pressure gold further. This could be enhanced by the seasonally weak month for gold.
Sell GOLD zone 1952 - 1955
Stoploss: 1957
Take Profit 1: 1945
Take Profit 2: 1935
Take Profit 3: 1925
GOLD: Stalls on the offer after FOMC minutesFOMC minutes, key notes
Some participants commented that additional policy firming would likely be warranted at future meetings.
Some participants stressed it was crucial that policy that the statement not signal the likelihood of rate cuts this year or rule out further hikes.
Fed staff continue to forecast mild recession starting later this year, followed by a modestly-paced recovery.
Several participants said if the economy evolved along lines of their outlooks, further policy firming might not be needed.
Participants generally agreed that the extent to which further interest rate hikes may be appropriate had become less certain.
Many participants focused on need to retain optionality after May meeting.
Participants judged that the banking sector stress would likely weigh on economic activity but to an uncertain extent.
Participants agreed that inflation was unacceptably high, and are declining slower than they had expected.
Some participants noted concerns that the Federal debt limit may not be raised in a timely manner, threatening significant financial system disruptions, and tighter financial conditions.
Gold swallows yin, will inevitably break the bottom and fall!
In terms of gold, swallowing the negative, the price continues to return to the previous low, which means that the probability of breaking the bottom is very high. Yesterday's rally high, hourly long black candlestick top, golden section 382 position, European market time point. But since the morning is not a rebound, but a sideways consolidation, then the only high is in the 1965 line, the current position to rebound up, it is still more difficult.
Looking extremely weak, you can use the time point operation method: that is, to see the US market break the bottom. Of course, this view means that it is difficult to sell in 1965, and it is not past the morning high of 1965, according to the current price and time point, it is better to sell it directly than to sell it directly.
More aggressive 1962-61 direct sell, see the US market fall, if it rebounds like yesterday, then the US short market is in 1965, TP: 1946-8, strong support 1941 line. The appearance of devouring yin means that there is no need to go more, only anti-emptying.
Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.
Gold is now bearish and lower support is looking towards 1950
Gold bulls are fighting hard, the 1980 bulls are fighting for white, is there a V-shaped reversal
Now gold is still a bearish trend, but it is supported by the early stage, adjusted and oscillated, the pressure above is the 1985 position, under this position gold is mainly high!
The support below focuses on 1950, and the short-term market may maintain the 1950-1985 range, and the range of volatility will gradually narrow until the next change! But the idea of high altitude remains unchanged, unless the market breaks through 1985 strongly!
Specific policies
sell@1980 tp:1960
Some wealth is planned, rather than always thinking about windfalls. Follow me, follow the right people, and work hard to reap the profits that belong to you.
Gold trading analysis
The market is changing, and I must also change, the market resistance line 1984
The gold trend still has not broken through 1984, so it will continue to fluctuate, and if it does not break through, it is an opportunity to short
1984 has suppressed the price of gold, such a structure is that the rebound does not break through, the price of gold will continue to decline, before the breakthrough, continue to short is a good opportunity.
Trading straregy:
gold: sell@1980 tp1:1974 tp2:1970
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
Gold has made consecutive profits this week
In the last analysis I said that the resistance level is in 1984, and then without a strong breakout in 1984, gold will continue to fall, which is a good short opportunity.
As long as the direction is right, you can make money in any way
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
Gold trading signal analysis
Today, as I analyzed in my previous article, when the top of gold breaks through the 1980-1985 position, I will consider shorting again. The trading strategy given once again successfully helped my friends get very good profits.
In the short term, gold 1985 is still a relatively stable resistance line. As long as we seize accurate trading opportunities, we can definitely get good profits. Next, I will continue to bring you more profitable trading signals.
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
Analysis of today's gold trading
The fundamental news of the debt ceiling is still the key. It is worth noting that if the dollar rises due to the approaching deadline of the US debt ceiling, gold may experience a deeper pullback. If the debt ceiling is resolved, then gold will keep rising.
From a technical point of view, gold is still short in the short term. 1950 below gold has become the most critical position to open up the downside space. Once it breaks, gold will continue to test the vicinity of 1940-1930-1900, effectively breaking below 1900, and gold will make up for the 1868 gap. Direction
However, if gold maintains above 1950, it may regain support, and it may continue to test the possibility of 1984-1990-1996, effectively standing above 1996, and gold may test the vicinity of 2002 US dollars. At the same time, 2002 is also a key resistance level. Only a breakthrough can see the 2012-2022 area, but at present, gold does not have that much momentum in the short term.
Trading advice: Go short in a high position and go long in a low position
Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
Golden calm before going upHi, according to my analysis of the gold market. There is a high potential for an upside from this area. It reached the bottom of the ascending channel. With very strong support at the 1950 level. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you