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.
Goldtoday
XAUUSD:6/11 Today’s Trading StrategyThe price of gold opened at 1991.6 on Monday, and has been trading at the lowest level near 1981 so far, falling by 10 US dollars since the opening. Looking back at the market performance last week, the price of gold maintained a high consolidation posture, failing to remain above US$2,000, and fell by nearly US$10 last week. Some analysts pointed out that the gold price lacks the motivation to exceed US$2,000 in the short term. Recently, the expectation of global economic recovery and the advancement of the U.S. fiscal stimulus plan have increased investors' demand for risky assets, resulting in a weakening of the upward momentum of gold prices. In addition, the rebound in the US dollar index also put pressure on gold prices. However, the current trend of the gold market is still bullish, and both bulls and shorts have the opportunity to gain profits.
According to the observation of the daily cycle, we can see that the previous double top in 2009 did not break. The high point of the left shoulder is 1998. Although the right shoulder has not yet been determined, the current high point is 2003. As long as this point is not broken this week, the right shoulder high may be formed this week, forming a complete head and shoulders top. Therefore, at the beginning of the week, the focus is to see whether 2003 breaks out of position. If it does not break, the daily head and shoulders top will be formed, and there will be a clear technical basis for the market outlook whether it is a unilateral decline or a volatile decline. The daily line below can be seen to be around 1952. Only when 1950 breaks, can we confirm that this wave of gold has turned short. The 4-hour cycle is more obvious. After the non-farm payrolls data surged to 2003 on Friday, the Bollinger Bands did not open, including the closing K-line, which closed within the Bollinger Bands range. Therefore, there is a high probability that it will still fluctuate at a high level at the beginning of the week, with the range set at 2005/1975. At the beginning of the week, you can do high-short, low-long transactions within this range. But if it effectively falls below 1975, the support points of 1962 and 1950 will gradually be seen below. Since gold still maintains a bullish trend for the time being, it is still possible to break through upward. Therefore, as long as the trend does not change in recent transactions, try to focus on short-term trading.
SELL:1990~1992
SL:1997
TP1:1985
TP2:1980
BUY:1977~1979
SL:1972
TP1:1984
TP2:1989
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: Thursday Gold AnalysisGold market analysis: Gold 4-hour level: At this time, it is still under the 10-day moving average and has been falling slowly. However, there are temporary signs of consolidation in the small range at the bottom. There is also a golden cross under the MACD zero axis and a gradual increase in volume. We need to observe this kind of shock. Can it continue for two or three days? When the consolidation time is longer and the middle track is gradually pushed downward, once it stands on the middle track, it means that the prototype of the bottom stabilizing structure has appeared. At that time, there will be a wave of upward corrections. Currently, it still needs Continue to wait and see; the short-term mid-rail is mainly bearish on rallies below 1840. When the rebound touched the 1833 line, which was the previous starting point and fall position, because the rebound failed to break through this key pressure level, the downward pattern was not broken. This is one of the reasons why we have always insisted on shorting. In yesterday's U.S. market, around the 1829 line, we firmly maintained our short position and traded profitably. With the upward and downward trend after the rebound, the price returned to the 1820 line. The entire rebound process ended and the market returned to a short position. Therefore, continuing to go short has become an inevitable choice. However, judging from the 4H/1H candle chart, the resistance of 1815 is still effective. The big upward or downward direction still needs to wait for the release of tomorrow's non-farm employment data.
Taken together, today's gold short-term top focus is on the resistance of 1830-1833, and the bottom short-term focus is on the support of 1815-1804;
SELL:1828-1830
SL:1836
TP1:1820
TP2:1815
TP3:1810
Look at the support near 1815 and go long
XAUUSD: Weekly earnings summary
This week ended perfectly, earning 50,000, exceeding the expected target, the main reason is to seize the opportunity to fall all the way, continue to maintain next week, I wish everyone a happy weekend!
If you are confused about trading, please join me, I believe you will have a great harvest!
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
XAUUSD Top-down analysis 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.
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
Gold - H4\D1Gold - H4\D1
There is a formation of the 3rd wave + a Triangle that can form and give further downward movement to the targets of 1815(discussed in the previous analysis).
What can you expect now?
You can consider an entry from breaking the 1913 level or wait for a correction on a lower timeframe and open positions
Targets: 1907 - 1893 - 1880
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.
XAUUSD:25/9 Today’s Trading StrategyGold stabilized at the 1920 mark last Friday and ushered in a shock rebound and recovery. The Asian and European markets fluctuated sideways above 1925, showing a defensive trend. In the evening, the US market accelerated slightly and reached the 1929 line, falling back and closing with shock. From the perspective of technical analysis, gold Judging from the above, the current trading daily level structure shows that after the market rebounded higher in the first half of the week last week, there was a dive on Wednesday night, breaking the illusion of the bulls. A big negative line on Thursday reversed the rebound. Although the rebound closed on Friday, it was just a retaliatory rebound for the previous consecutive declines and did not affect the downward trend. Therefore, the bottom is expected to continue this week. In the short-term bull counterattack last Friday, the market broke through the 1924 suppression level, but under the heavy pressure of 1930, the rebound was curbed. The golden four-hour line continues to remain above the 50 moving average. The fall of the K-line is a normal trend. The more the fall, the higher the rebound. This is inevitable. At the same time, the bottom continues to maintain a big positive line to stop the decline, and strongly supports the K-line, 50 The moving averages continue to show signs of rising upward. Although the lows are also constantly rising, the stochastic indicator is currently trending toward a dead cross, running bearish and downward, and the BOLL central axis is temporarily suppressed. Therefore, in the short term within the day, there may be a shock retracement first and then Downward trend. Therefore, in the short term during the day, Jiesse still recommends short selling at high prices to operate!
Gold operating strategy:
SELL:1927-1930
SL1935
TP1:1923
TP2:1918
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
XAUUSD: 21/9 Today’s Trading StrategyGold opened on Thursday and continued to fall lower, continuing yesterday's decline. The U.S. dollar index and U.S. bond yields also continued to strengthen at the opening due to the Federal Reserve's hawkish expectations, putting pressure on its gold price. Overall, the interest rate meeting was biased towards the hawkish side. This may limit gold price gains in the short term. However, gold in the Asian market fluctuated slightly and rose, and it is not expected to have a big trend. There will be data to pay attention to later.
Judging from the structure of yesterday's trend, gold fluctuated sideways at first, and was also the calm before the storm. The U.S. market once crashed and pushed the pressure up to the 1947 line. This was the market's early reaction to the Federal Reserve's expectation of suspending interest rate hikes. However, In the early morning, the Federal Reserve's interest rate meeting was biased towards the hawkish side, which caused gold to peak and fall, completely swallowing up all the gains during the day, and finally closed at the inverted hammer line near 1930.
At the daily level, gold was suppressed at the 1947 line and formed a double top suppression pattern. This may indicate that gold prices will be limited in their gains in the coming period. In the daily K structure, after the gold price breaks through, the lower support is still at the 1920 line. This also suggests that gold prices will find support near this area and may rebound or correct here. At the 4-hour level, the stochastic indicator crosses downwards and the MACD double-line top divergence indicates that gold prices may experience a short-term rebound adjustment. Therefore, during the day operation, Jiesse is still optimistic about the trend of falling from the high level. Then consider going long at a low position
Gold operating strategy:
SELL:1934-1937
SL:1941
TP1:1930
TP2:1925
BUY:1920-1923
SL:1916
TP1:1927
TP2:1931
XAUUSD: 20/9 Today’s Trading StrategyIn today's Asian trading on Wednesday, gold suddenly fell sharply in the short term, and the price of gold once fell below 1930. Yesterday, the U.S. dollar index showed a V-shaped trend. It fell to an intraday low of 104.81 before the U.S. market, and then strongly recovered all losses, finally closing up 0.06% at 105.13.
Gold prices retreated from fresh two-week highs ahead of the Federal Reserve's interest rate decision, with the outlook currently remaining neutral. The Federal Reserve will present new economic forecasts at the same time as it announces its monetary policy decision. Yesterday, spot gold fluctuated within a narrow range above the $1,930 mark. It once rose to an intraday high of 1,937.43, then gave up all gains and turned lower, finally closing down 0.13% at 1,931.31. Gold rose slightly after the opening yesterday, but its performance was weak during the European and American trading hours. The top-bottom transition we mentioned earlier was around 1930 and was temporarily broken through. However, the bulls did not forcefully continue before this action was completely completed. The rise began to show lack of momentum near 1935.
On the 4-hour trend, the continuous high fluctuations caused the short-term moving average to gradually diverge downwards. The K-line began to slowly come under pressure on the short-term moving average, and the short-term trend showed signs of weakening. Although the current price is still running near the previous support band around 1930, the rebound is not too strong and the short-term trend is weak.
So today’s gold operation idea, Jiesse recommends going short on the rebound and then consider going long on the low!
Gold operating strategy:
SELL:1935-1937
SL:1942
TP1:1930
TP2:1925
XAUUSD: 19/9 Today’s Trading StrategyIn early Asian trading on Tuesday, the U.S. dollar index almost fell below 105, ending nine consecutive days of gains ahead of the Federal Reserve's FOMC decision. Gold rose to $1,934 as the market awaited key central bank decisions this week. Many central banks, including the Federal Reserve, the Bank of England and the Bank of Japan, will announce the results of their interest rate discussions. The combination of factors such as the resilience of the U.S. job market, controlled CPI inflation, and accelerating economic growth suggest that Fed officials may anticipate a soft landing for the economy in their upcoming forecasts. However, what cannot be ignored is that expectations for another interest rate hike still exist. Yesterday, the overall technical aspect of gold relied on the 1922 mark to continue the upward trend of bullish shocks and breakthroughs. The Asian market opened and stabilized at the 1922 mark, and then ushered in the strong pull of the bulls to rise higher. In the afternoon, it slightly surged above the 1930 mark and fell back under pressure. The US market fluctuated repeatedly in the evening. The sideways trading above the 1922 mark once again ushered in the trend of bulls breaking high, and finally closed above 1930. The gold price ushered in a strong bull rebound for two consecutive trading days. In the short term, the bulls' strong rhythm continued unchanged, and gold continued to rise again. After a narrow range of fluctuations, it broke through 1930 in the early morning, reaching a maximum of 1934.6, and closed with a positive line. Judging from the current market, three consecutive positive lines on the daily chart basically set the bottom shape, and at the same time, the daily chart A wave was supported by the lower line and then went up. From the 1-hour chart, the stochastic indicator's golden cross is upward, and there is no dead cross for the time being. The market is resisting the decline. The high point is still not out, which is a bullish signal. The support position for top-bottom transition is near 1930, and the lower support is The position is near 1922, and the upper pressure position is near 1935. From the market point of view, the gold price has ushered in a strong bullish rebound for two consecutive trading days. In the short term, the strong bullish rhythm continues to remain unchanged, but there is definitely a callback, and it is not expected to be strong. Then for short-term trading within the day, Jiesse recommends just going long with the trend.
Gold operating strategy:
SELL:1940-1943
SL:1948
TP1:1935
TP2:1930
BUY:1926-1929
SL:1921
TP1:1934
TP2:1939
Technical analysis, for reference only.
XAUUSD:15/9 Today Gold Trading StrategySpot gold fluctuated and rose on Friday, currently around 1918. The gold price bottomed out overnight and rebounded. It once hit a nearly three-week low near the 1900 mark, and closed back up near the 1910 mark. Stimulated by the news yesterday, gold quickly fell back to around 1901 and then stopped rebounding. Under the pull of the big positive line At the time of the rise, the long and short positions did not reveal much of the trend. In the continuous falling market, the support below 1900 first stood firm, and this position will also be our key breakthrough point in the later period. Such a position If the support effectively generates a rebound, a bullish reversal is likely to form in the short term, and the key suppression port above remains near 1915. Since the 1915 position has been broken, let's further look at the 1920 position, which is also a key suppression area. , with the suppression of the short-term moving average during the day, it is very likely that there will be an effective breakthrough again. At present, when the gold bulls are pulling back, but there is no signal of strength, we can still try to go short and wait, and once it breaks through After reaching around 1920, we still need to adjust the trend in time. Otherwise, if the breakthrough fails, we will continue to call back and test the 1900 mark support. Let’s operate around the 1920-1900 range today!
Gold operation strategy:
SELL:1919~1923
TP1:1914
TP2:1910
BUY:1905-1908
TP1:1912
TP2:1918
XAUUSD: 14/9 Today’s Gold StrategyOn Thursday (September 14), in the Asian market, the spot gold price was still around 1909.
Core CPI, excluding food and energy, rose 0.3% month-on-month in August, slightly higher than the 0.2% increase expected by economists polled by Dow Jones. The figure increased 4.3% from the same period last year, in line with expectations. Overall data rose 0.6% last month, in line with Dow Jones forecasts. Overall prices rose 3.7% year-on-year, higher than the 3.6% expected by economists. However, the slight decline in core CPI was a positive signal last time. After the data was released, expectations for the Federal Reserve to raise interest rates in September continued to cool, and the U.S. dollar index rose. After that, it adjusted again and opened lower in early trading. However, from the perspective of the overall environment, the US dollar is still favored by the market, and the overall strong pattern may be difficult to change! Gold's space did not move much yesterday. The inertia dropped to 1905 and fell into shock. The space convergence became smaller and smaller. In the short term, it has entered this slow and oscillating rhythm. The space has shrunk and the long and short sustainability is insufficient. The daily Bollinger Bands have begun to close. Combined with this week's space contraction, this convergence shock may continue in the short term.
The 4-hour chart is still on a downward trend. Yesterday, it was under pressure and inertia broke through the low point near 1916, but the momentum was not great. It closed at a neutral position. It still maintains the downward step and is oscillating slowly downward. In the short term, 1930 will not recover, and the trend is short. unchanged, the resistance of the downward trend line has also begun to move down to around 1920. Now that gold has successfully broken below to support the 1915 line, for the next trend, we will take advantage of the trend to see a new round of downward structure formed after the breakthrough. Therefore, Jiesse’s operation is still the same as yesterday. It is still mainly short selling at high levels. It will continue to break through 1900. Fall!
Gold operating strategy:
SELL:1914-1917
SL:1922
TP1:1910
TP2:1906
XAUUSD: 12/9 Today’s Trading StrategyIn the U.S. market on Monday, as the U.S. dollar fell back ahead of the release of key U.S. inflation data this week, gold prices rose, once exceeding 1930, and were expected to have their best trading day in the past two weeks. The U.S. dollar remains weak, while gold is trying to hold on to the 1920 mark. This week's economic calendar has less data, and the focus is on the U.S. CPI inflation report later this week, which will have an important impact on the path of the Federal Reserve's interest rates.
Gold continues to fluctuate today, near 1920. Yesterday, gold rebounded many times and fell back near 1930. The second attempt to break through 1930 failed. I quickly informed my friends during the session to go short at 1927 and successfully made a profit. This shows that there is obvious pressure from above, and it is still under the continuous sharp rise of the US dollar. , compared with the previous decline, gold has resisted the decline significantly this time. The daily line reached a maximum of 1930.8, and then the market fell back under pressure. The daily line finally closed at 1922.1. The market ended with an inverted hammer shape with a very long upper shadow line. After the end of this form, the daily line double stars showed signs of pressure. . In the 4-hour chart, a wave of high backtests still closed at a low level. It had previously stabilized and risen at the 1916 line. Now it has entered a contraction and shock. The space convergence is getting smaller and smaller. It is waiting for the breakthrough of the physical K-line. It is currently under pressure around 1930. The daily chart shows that gold has remained above the Bollinger Track in the past two trading days, closing as a cross star, and the long and short forces are relatively hesitant. The rise did not break through the resistance of $1930, and the fall did not break through the support of $1915. Then today's operation can continue to operate around this range.
Gold operating strategy:
SELL:1930-1933
SL:1937
TP1:1926
TP2:1922
BUY:1917-1920
SL:1913
TP1:1924
TP2:1927
XAUUSD:13/9 Today’s Trading StrategyYesterday, the gold market opened around 1922 in early trading. Afterwards, the market rose slightly to 1924.5. Afterwards, the market fluctuated strongly and fell back below the 1915 support mark. After that, the market reached as low as 1907.64. Afterwards, the market consolidated and the daily line finally closed at 1913.5.
Wednesday: Gold rebounded at the opening, but the strength is expected to be limited. The U.S. dollar index extended the overnight retracement pressure and fell in early trading, which did not have a significant effect on gold. The 10-year U.S. bond yield is expected to remain strong in the short term, which limits the demand for gold price recovery.
In the daily K-line chart, the stochastic indicator continues to die cross downward, which indicates the main bearish signal. As long as the dead cross is still there, it will continue to run bearishly downward according to the dead cross; the pressure position of the central axis is the position of the top-bottom transition. It is around 1915; therefore, the main focus is on the position of 1915 during the day; rebounding from around 1907 to around 1915, stabilizing and regaining the position of 1915, then the bulls still have some hope, otherwise the shorts will just control the market and run bearishly downward; the 4-hour chart structure There was a two-wave small step shock and decline. It had been under pressure twice in a row at 1930. It broke through the low again and formed a two-wave continuation. The current second high of 1930 is the critical point for shorts to fall back, and the fall will continue in the short term. After the sideways consolidation at the beginning of the week, gold successfully broke through the lower support line of 1915. In the next trend, we will take advantage of the trend to see a new round of downward structure after breaking through. Therefore, for the operation in the market outlook, we should still focus on selling high. It should be noted that , support turns into resistance, and the temporary support below sees the 1900 integer mark.
Gold operating strategy:
SELL:1915-1918
SL:1923
TP1:1911
TP2:1907
BUY:1900-1903
SL:1896
TP1:1909
TP2:1914
XAUUSD: 8/9 Today’s Trading StrategySpot gold rose slightly on Friday and is currently around 1926. After the ISM non-manufacturing index on Wednesday showed that the service industry is still strong, the number of initial jobless claims released on Thursday hit a six-month low, which also showed that the labor market is still resilient, once again strengthening the market's tightening expectations for the Federal Reserve, and the U.S. dollar index remains strong. . Yesterday's fundamentals showed that the number of initial jobless claims in the United States in the week to September 2nd was 216,000, lower than the expected 234,000, and a new low since the week of February 11, 2023. In line with the recent strong US data, the US dollar index has been supported, and gold, silver and non-US prices have fallen. Today's fundamentals mainly focus on the monthly US wholesale sales rate in July.
Looking at the 1-hour trend, gold has been on a downward trend, and its rebound has been suppressed by the downward trend line! Still a bearish downtrend! However, there has been a divergence in the strength of the decline, indicating that the strength of the decline has been exhausted and there is the possibility of a rebound! However, the upward pull of the U.S. dollar seems to be very strong, suppressing the probability of the gold price falling below this range, suppressing the gold price to fall back, and choosing a direction in the short-term consolidation. The gold daily K-line has fallen for 4 days, and the price has fallen continuously to 1915 recently. The market is gradually approaching the daily mid-term support, and the decline speed is slowing down. Since the 1914-1910 range is the long-short conversion range in the previous market, we can regard it as a short-term support range. That is to say, as long as the bulls trade sideways at 1910, it will still It can rise at any time, so since it does not fall, there is no need to go short. Gold opened at 1919.49 US dollars in early trading. After the opening, there was a shock and rise. The current highest point is near 1927. At $1915, a positive closing line appeared, and there was a stop-fall resistance. The weak market of gold prices in the market outlook is expected to change, and it will further return to the weekly level. Therefore, in terms of operation, Jieese suggests that the main idea is to do long at low positions, and focus on the 1918-1920 position below.
Gold operation strategy:
BUY:1919-1922
SL:1914
TP1:1926
TP2:1930
Gold prediction interval 1915~1930Gold Layout Analysis: U.S. Treasury yields consolidated their weekly gains on Friday as U.S. yields edged higher on growing expectations of tightening policy from the Federal Reserve. The 2-year U.S. Treasury bond yield is 4.99%, and the 5-year and 10-year yields are 4.40% and 4.26% respectively. The yields on government bonds of these three different maturities all rose modestly, limiting the rise in gold prices on the day. Investors are eagerly awaiting U.S. consumer price index (CPI) and retail sales data for August to be released this week to continue betting on the Federal Reserve's next policy decision. Currently, the market expects another 25 basis points (bps) rate hike for the rest of this year, but the market is unsure whether the rate hike will occur in November or December. For gold traders, the most important economic data in the coming week is the U.S. August CPI and PPI, which will be released on Wednesday and Thursday respectively. Market participants will also be watching U.S. retail sales data for August and the European Central Bank's interest rate decision, both due on Thursday. Optimism has faded from precious metals markets as less than half of retail investors expect gold prices to rise this week, while most market analysts have returned to a bearish bias.
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The golden daily line is in the peaking and falling stage, the MA5-MA10 moving average maintains the trend of dead cross, and the MACD green column can start to increase the volume; the weekly line is also in a concussive downward pattern, the Bollinger middle track under pressure continues to fall, and the three Bollinger Bands tracks open downward at the same time. , the decline is expected to go lower. At present, the 1930 mark has been tested many times and it has fallen back. The pressure above is obvious, so continue to maintain the bearish thinking. Focus on the key watershed of 1915. Once it clearly falls below, the downside risk will further intensify and it is expected to test near the 1900 mark. For a rebound, just focus on around 1928.
Today we focus on 1933~1937 to 1915~1917Gold layout analysis: The strong performance of U.S. economic data released last week supported the dollar's strength again. On Tuesday, Fed Governor Waller spoke, believing that policymakers can raise interest rates cautiously. The U.S. ISM non-manufacturing industry recorded 54.5 in August, released on Wednesday. Better than market expectations of 52.5, this increased expectations for the Federal Reserve to raise interest rates in November, pushing the dollar to continue to rise and suppressing gold prices.
Gold is currently relying on the support of 1915 to ease its decline, and it has also shown signs of bottoming in the short term. However, it hit the 1930 mark and fell again, which did not change the bearish trend of peaking at 1950. The daily line is in the peaking and falling stage, the MA5-MA10 moving average maintains the trend of a dead cross, and the MACD green column can start to increase the volume; the weekly line is also in a concussive downward pattern, the pressured Bollinger middle rail continues to fall, and the three Bollinger Bands rails open downward at the same time. The decline is expected to continue lower. The focus now is to focus on the key watershed of 1915. Once it clearly falls below, the downside risk will further intensify and it is expected to test near the 1900 mark. For a rebound, just focus on the pressure near 1926.
Focus on the position of gold: shorting near the 1933~1937 position, stop loss 6~7 US dollars, target 1917-1915
XAUUSD:6/9 Today’s Trading StrategyThe U.S. dollar index continued its upward momentum on Wednesday and is currently trading around 104.7. The next day, spot gold was suppressed by the rise in both the U.S. dollar and U.S. bond yields, closing down 0.64% at 1926.09. The U.S. dollar index rose all the way, once reaching the 105 mark, and closed up 0.64% at 104.81.
Gold opened lower in the morning and fell slowly today, with the price of gold maintaining a slow downward trend near the 1925 line. Gold had a clear correction yesterday, with the daily line closing out a clear negative line, currently near the short-term line, further showing signs of weakness on the part of gold bulls, and the rebound trend midway was very weak. Although the U.S. market tried to counterattack many times, it was eventually crushed. . The price went straight down from 1938, and fell below the rising trend line in the European market. The counter-pressure of the rebound in the evening continued downward. The barbar of the daily chart closed, the price fell below the 5-day and 10-day moving averages and closed below, and the current support is here, but The weak short position on the daily line has appeared. The market outlook will focus on the middle track. It remains to be seen whether it can break down further. Once it is broken, the market outlook will continue to decline. Therefore, for today's market, high altitude is still the best choice. The daily K chart shows random The indicator is in a dead cross state and the main trend is a bearish signal. The key support level is around 1920, and there is also a dividing line support level around 1918. These support levels form relatively strong support areas.
Therefore, some corrections may occur during the day, but continued declines require further news stimulation. Therefore, Jiesse suggests that the upper pressure level should focus on the vicinity of 1934-1935 in operation, and the lower target is still to break the bottom, but it is necessary to pay attention to the support level around 1920-1918. In terms of operation, it is recommended to go short after rebounding to a high level, and then go long after going back to the high level. If it does not break 1920, you can participate in long positions.
Gold operating strategy:
SELL:1932-1935
SL:1943
TP1:1928
TP2:1924