4/11 Gold trading Signals
Gold peaked near 2003 yesterday, so today this position is treated as the first resistance level, then the gap position near 2008, and the early support level near 2013-2016. These are the important resistance levels today. If the market encounters resistance near these points, you can trade short.
The strong support is based on yesterday's low as a reference, focusing on the vicinity of 1980, and above is the moving average support near 1996-1993.
During the trading process, pay attention to observe the conversion of the support pressure level, and at the same time learn to distinguish between true and false breakthroughs. It is usually judged by 2-3 K-lines (except for strong breakthroughs on the Dayang line). You can see the 30m chart.
If you need a specific trading strategy, please contact me in time.
Goldpreis
4/12 Gold will usher in a major opportunity today
Today is a very important day for gold. The result of the interest rate discussion will determine whether gold returns to 1935 or runs to 2050 or even a new high.Before the results come out, technical analysis is relatively easy to use. At present, 2008 has broken through and completed the conversion from resistance to support. The support for 2015 is still in the testing stage, and Asian and European trading is mainly long at low levels.
Gold is about to usher in another big opportunity
Gold rose from around 1990 to the 2030 line and then began to fall. It is currently around 1995. On the 60M chart, the strong resistance is around 2008, and on the 1D chart, the strong resistance is around 2015.
From the small-level chart, there is a short-term rebound demand, but in the daily-level chart, the MACD divergence plus dead fork is not optimistic. Last week, the support of MA20 was around 1956, and now it has moved up to around 1975. The lower MA30 is at Near 1932, these two moving averages are currently showing weak signs of turning downwards, indicating that the current gold may weaken. If there is no news stimulus, we are likely to see 1935 again!
Therefore, this week's strategy is to short at high positions, supplemented by long at low positions, in the absence of news stimulus.
If you need specific trading strategies, please contact me in time.
GOLD: Seller advantage in a downtrend!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
The Federal Reserve is likely to keep interest rates unchanged if a meeting were held today, as there is still uncertainty surrounding the state of banks. However, if the upcoming weekend is stable and without any urgency to rescue banks, there is a possibility of a 25 basis points rate hike. The Fed usually increases rates until they reach a breaking point; if only one bank, SVB, is affected, persistent inflation could result in further hikes. As a result, the US dollar will become stronger, and stock prices may eventually fall after the initial relief rally.
SELL GOLD zone 1997 - 2000
Stoploss: 2007
Take profit 1: 1990
Take profit 2: 1980
Take profit 3: 1970
BUY GOLD zone 1980 (scalping)
Stoploss: 1977
Take profit: 1987
Note: Note: Full TP, SL for winning the market and safe trading!
GOLD BUYWelcome . According to my analysis of the gold market, there is a high potential for an upside. With a break of the resistance at the 2000 level with a very positive candle. Kmalk broke the bullish flag. We are waiting for a test of the 2000 area, to return to the upside. Let's see again the 2030 region .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 top-down analysis,gap down!!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold is about to usher in another big opportunity
Gold surged strongly yesterday, breaking through $2000 to around $2025. My friends made a profit of 300% in yesterday's trading, and I congratulate them! So far, the highest point for gold is around $2028, at which point we need to look to past trends for reference.
In recent years, gold has only risen above $2050 in 2020 and 2022. Based on past trends, there is resistance around $2035, followed by the highs of 2069 in 2022 and 2073, which was the historical high in 2020. These are the known important resistance levels, and we have no basis to predict where it will go if it breaks through 2073.
Moving on to support levels, the 30-minute moving average MA60 is around $2010, and the other 5/10/20/30 are close together, around $2024-2025. The 60-minute MA30 is around $2010, and the MA60 is around $1993. On the 1-day chart, MA5 is located around $1996, MA10 around $1986, and MA20 around $1956.
Based on the moving average, the support levels are around $2010-2013, followed by $1993-1996, and then $1986-1956. Therefore, the key focus for recent gold trading is on these points, allowing for buying low and selling high or one-way trading, depending on the direction of the market.
GOLD: the GAP!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
The misuse of the world's reserve currency by American politicians, bureaucrats, and central bankers has resulted in a reckless increase in debt owed to other countries. This has made the rest of the world aware that the debt will not be repaid in an honest currency, but rather in Federal Reserve notes that will rapidly lose their value. As a consequence, foreign central banks are purchasing large amounts of gold as they foresee a currency crisis. It is essential that individual investors also recognize the situation and take steps to protect themselves before it is too late.
Friday’s US payrolls report will be a pivotal one for stocks. The worst outcome would be rising wages and a weaker jobs number, something that might reverse the growing expectation of a Fed pause in May. Such a scenario would likely put stocks at risk of giving back their recent gains.
The market may experience a significant surge, increasing the likelihood of a gap formation on Monday. It is important to consider this potential outcome.
Note: Note: Full TP, SL for winning the market and safe trading!
GOLD: Buyer's Confidence!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
In times of financial hardship, banks can use money to manage their liquidity and stabilize their deposits. However, relying on money alone cannot solve any underlying insolvency issues, nor can it alleviate the distrust that people feel towards bankers, politicians, and government officials. Consequently, investors are turning to safe options with no counterparty risk, such as physical precious metals, as a means of protecting their investments.
Maybe BUY GOLD zone 2002 - 1998
Stoploss: 1990
Take profit 1: 2006
Take profit 2: 2012
Take profit 3: 2050
Note: Note: Full TP, SL for winning the market and safe trading!
GOLD BUYWelcome . According to my analysis of the gold market. There is a high potential for an upside. With a bullish flag break. It also broke a very strong resistance at the 2000 level, with a very positive green candle. Humiliation of the amount of buyers. We are waiting to see the level of 2080 in the coming days .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
Where are the masters in trading?For most trading masters, their success is not based on luck, but on strength. They all have a deep understanding of market trends and the ability to continuously learn and adjust. At the same time, they also have a calm mind and meticulous analysis ability, and can fully consider various possibilities and risks when making decisions. They usually have their own set of trading strategies and methods, and strictly abide by these rules.
The few friends I knew who achieved stable profits in transactions, we often exchanged some trading experience. Everyone's state is very peaceful, and they don't think about competing, and they don't envy who makes more profits than others. What is very unified is that we do not pursue short-term sudden profits, but value the ability to make long-term profits, and realize the growth of our wealth by slowly accumulating profits.
In short, the masters in trading rely on strength and persistence. Only by constantly learning and stabilizing their mentality can they be able to continuously obtain benefits. Of course, this also requires continuous exercise and improvement of one's analytical ability and psychological quality. I hope everyone can have a correct view of trading.
OANDA:XAUUSD VELOCITY:GOLD COMEX:GC1!
GOLD: Next trend!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
M30 chart: The XAU/USD pair is currently hovering around the $2,025 mark and appears to be continuing its upward trend without any signs of slowing down. The technical indicators on the daily chart are also showing positive signs, with recoveries occurring within positive levels, although they have not yet reached overbought levels. In addition, the 20 Simple Moving Average (SMA) is moving higher, which indicates strong buying interest. This SMA is lower than the current level, but it is still above other bullish longer moving averages.
D chart: Historical data suggests that January and August are typically strong months for gold, while March has been the weakest month in the past 25 years. The recent increase in gold prices can be attributed to a decline in USD and yields after a significant re-pricing on Fed rates. However, the future performance of gold is likely to be influenced by US rates. If the Fed decides to increase rates aggressively, particularly if they reach 6%, it could further impact the value of gold. Additionally, the seasonal weakness of gold during March could exacerbate this trend.
Short-term bullish prediction for gold!
GOLD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental analysis: We have news events on USD on Friday 7th of April, one of the most important news related to USD, which are NFP and Unemployment rate. Pay attention to the results of these news as they will indicate the direction for this month.
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4/4 Gold Trading Strategy
Gold launched a long-term upward attack in the support area of 1954~1950 yesterday. There was basically no adjustment on the way to continue the strong attack.
The current strong pressure is at 1988-1992. Once it breaks through here, it will open up short-term upside. (support 1974-1965)
Gold operation recommends buying in 1974-1977, target 1984~1988, if the rise breaks through 1988-1992, continue to look at the previous rebound high in 2009.
GOLD: A dovish Fed could be extremely bullish for hard assets!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
If the Federal Reserve suddenly becomes more dovish, it could have a very positive impact on tangible assets. No details are left out in this paraphrased text.
The Federal Reserve is expected to change its stance and avoid increasing interest rates during its next meeting due to the banking crisis. The Fed officials may also introduce fresh initiatives to add more funds to the economic system. The metals market has been impacted by the uncertainty surrounding the ending of the Fed's rate hike regime. However, the recent shift towards a more lenient approach by the Fed could have a positive impact on tangible assets.
The prediction is that the value of gold will keep increasing!
GOLD: It seems that there is a limit to the potential gains.The recent banking problems have caused the Fed to adopt a more cautious approach, resulting in a decrease in US yields and an increase in the value of gold. However, ANZ Bank economists do not anticipate a further increase in the price of gold at this time.
According to the statement, the Gold price is not expected to increase significantly in the short term due to the federal fund rate being at 5.5%. Although Gold is backed by concerns of a US recession, reduced inflationary pressure, and a more lenient monetary policy, its potential for growth is currently constrained due to the diminishing banking risks and future rate hikes by the Federal Reserve.
The prediction for the growth of the yellow metal is not very high.
4/3 Gold Trading Strategy:big opportunity
Under the stimulus of risk aversion, gold rose from 1800 to 2000, and then began to oscillate. From a short-term perspective, it formed a double top pattern, which I shared with you last week. Interested friends can go and take a look.
Now let's talk about the trading strategy in detail based on the 4-hour chart.
As we can see from the chart, when it first reached above 2000 points, the large increase led to a large deviation, resulting in the need for technical pattern correction, coupled with the cooperation of news, the market began to pull back. Eventually, it found support near 1936, and at the same time, risk aversion swept over again, and the price of gold rebounded, once again approaching 2000 points. However, risk aversion will gradually decrease over time (without further stimulation), and the price of gold at 2000 points is also a resistance level. The market will pull back again, this time down to around 1947 to find support, of course, there is also the cooperation of news during this period.
When it rebounded to the resistance level near 1975, it oscillated repeatedly. On Friday, when US February data was announced, despite the small difference, the bulls still took the opportunity to break through 1975 and came to around 1986 (resistance level). Afterwards, the final value of the University of Michigan's 1-year inflation expectation for March was announced, with a published value of 3.6%, lower than the expected 3.8%, and February was 4.1%. It can be seen that the short-term inflation expectations of US consumers have declined significantly. It is also because of this that the price of gold quickly fell back to around 1966, and as of the closing, the market has not returned above 1975.
On the 4-hour chart, the MACD has formed a dead cross, which is a bearish indicator pattern. The resistance level continues to be around 1975. The small-scale support is around 1966-1963, and the 4-hour support is around 1948, which is also the support level during the last pullback. If it falls below, look for around 1920.
The daily MACD is about to form a dead fork. The MA20 is around 1928, and the MA30 and MA60 are around 1897. The MA5 and MA10 have formed a dead cross and are around 1969.
On the 30-minute chart, there is a demand for rebound, and the resistance level is around 1973-1977 (1975). Therefore, during the Asia-Pacific period on Monday, trading can be carried out around this position.
Buy: 1966-1963
TP: 1973-1975 (If it cannot break through around 1969, it needs to be closed in time and short-selling)
Sell: around 1970-1975 (if it cannot break through 1975-1977 in the rebound)
TP: 1966, 1963, 1957
During the European period, pay attention to the support and resistance situation. If the support around 1963-1957 is broken, look for around 1948. If the support is effective, pay attention to whether the rebound can break through the resistance around 1975.
Sell: 1975-1963
TP: 1955-1948
If the market is still oscillating around the 1963-1977 range during the Asian and European markets, pay attention to the breakthrough direction during the US market, and then I will give specific trading strategies based on the market.
XAUUSD SELLHi, according to my analysis of the gold market. The market is still in a very negative state. With three descending peaks. And break the bullish flag. . Market only for sale .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
3/31 Gold Trading Strategy
Gold broke through the 1975 resistance level, which changed from resistance to support. The current resistance level is around 1986, and the shape is bullish. The transaction is mainly to step back on the support and do more.
The supports are: 1980, 1977, 1974, 1969
Resistance 1986, 1994, 1999
When the resistance is touched, if you like the game, you can carry out short transactions, but the TP for short selling must not be set too low, preferably $1- $2 higher than the support level.
GOLD: Safe haven for investors!Due to the market's recent instability, Gold has experienced a surge in value. The price per ounce has surpassed $2,000, reaching a peak that hasn't been seen in a year. Additionally, it appears that Gold exchange traded funds will see a positive net inflow in March, which hasn't happened in nearly 12 months. Based on these recent developments, it's possible that Gold prices could exceed our projected target of $2,100 by the end of March 2024 earlier than anticipated. Although the global financial crisis has been avoided, it may take some time for investors to regain their confidence.
Based on technical analysis, the price of gold is being impacted by the resistance and support areas, which are effectively fulfilling their roles. It's important to take into account the price range between $1935 and $2000 across multiple time frames. Looking ahead, it's anticipated that gold will continue to experience growth.
MAYBE BUY GOLD 1960-1965
TAKE PROFIT 1: 1975
TAKE PROFIT 2: 1985
TAKE PROFIT 3: 2000
STOPLOSS: 1950
Note: Note: Full TP, SL for winning the market and safe trading!