Goldtrade
Bears in control: The ongoing battle for GoldIn yesterday's post, I wrote that XauUsd is in no man's land as long as the price stays between 1915 and 1930, and, although at the time of writing this is still the case, the recent price action gives us some hints for the future move.
As we can see from the chart, after the low at 1885, XauUsd reversed strongly and a rise to 1950 followed. However, after the correction to 1900, the price couldn't manage to reach a new high and dropped again to the important 1915 zone. The new attempt from bulls was rejected twice in 1930 on Friday (BTW, this made me quit my long trade yesterday) and yesterday twice more.
All this suggests bears took total control and this will be the case as long as the price stays under 1930.
Technically, the 1910-1915 zone is confluence support, and for down acceleration, a break of this zone is needed.
In such an instance I expect a drop under 1900 to 1885 for the first leg down, but, in the medium term, a new drop under 1900 could lead to a test of major support at the 1850 zone.
Best of luck and happy trading!
Mihai Iacob
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
GOLD 4H (Pivot Price: 1912)GOLD
Analyze
stabilized above 1912 it will help the price to reach 1917 , 1925 , and 1931
for any reason if the price drops and stable under 1912 then it will be under sell pressure again to reach 1908 , 1905 and 1902
Pivot Price: 1912
Resistance Price: 1917 & 1925 & 1931
Support price: 1908 & 1905 & 1902
timeframe: 4H
Gold Symmetry in Flat Market In the trading idea I am sharing today, I want to highlight the recent developments in the gold market. Gold had been holding above the key support level of 1920 for the past week, but unfortunately, it broke below that level yesterday. Currently, the price has reached 1910, indicating some bearish momentum.
In the broader context, we can observe that gold is trading within a range of 1905 to 1918. This range provides us with potential opportunities for both buying and selling positions, depending on market conditions.
To sum it up, we have seen a significant break below the 1920 support level, with the price currently at 1910. The range of 1905 to 1918 offers potential trade opportunities, and we should be prepared to take positions accordingly, considering both buying and selling possibilities. Let's dive in and monitor the market closely.
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.
GOLD:Trading strategy
Gold today is the same as I predicted, falling as low as the 1915 support point.
I judged this morning that gold will test the three support points of 1921, 1918, and 1915, but I don't know which support it will fall to.So my trading order in 1927 ended up in 1921, but today it rose many times and did not break through 1927. After falling to 1925, I decisively sold again, and finally the support for 1915 was very strong.
The market changes very quickly every day, and you must adjust your strategy in time so that your chances of making a profit will be higher.
Now that gold is near 1916, we need to observe how strong the support of 1915 is. If it falls below again, then we must test the support of 1910, 1905, and 1900.
At present, gold is still in a downward trend, and the above support point becomes a resistance point, so you can choose to sell at a high level.
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Continue to short gold and keep making moneyYesterday and today I have made it very clear to everyone about gold trading ideas. We mainly focus on shorting gold at high levels. Today we are short gold in the 1925-1927 area and near 1923, and have successfully reached my expected profit target. Obviously, we got another good profit today.
Regarding the current structural trend of gold, the short energy of gold has the upper hand. In the short term, gold maintains a volatile downward trend, while local rebounds show weakness. Therefore, next we focus on the short-term resistance above. If gold cannot effectively break through the short-term resistance, that is a good time for us to short gold. In the short term, focus on the 1922 and 1928-1930 area resistance. If there is an opportunity, you can short gold appropriately around this area.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
China's Long-Term Gold BuyingChina's persistent and substantial gold buying activities have been steadily driving up the price of this precious metal, presenting an exciting opportunity for traders like yourself to consider going long on gold.
Over the past few years, China has been actively diversifying its foreign reserves by increasing its gold holdings. This strategic move is aimed at reducing their reliance on the US dollar and mitigating potential risks associated with global economic uncertainties. China's consistent and significant purchases have already made it the world's largest gold consumer, surpassing India.
The long-term implications of China's gold buying spree cannot be overlooked. As the demand for gold continues to rise, driven by China's insatiable appetite, the price of this precious metal is likely to experience sustained upward pressure. This trend could create a favorable environment for traders who choose to go long on gold.
Considering the predictable nature of China's gold buying activities and their commitment to diversify their reserves, now might be an opportune time to consider adding gold to your portfolio. By taking advantage of this trend, you could potentially benefit from the price appreciation of gold in the long term.
I encourage you to carefully evaluate this opportunity and assess how it aligns with your trading strategy. Conduct thorough research, analyze market trends, and consider consulting with your financial advisor to make an informed decision.
To assist you in capitalizing on this potential opportunity, I recommend keeping a close eye on China's gold buying announcements and monitoring any related market developments. Stay informed about global economic indicators and geopolitical events, as they can significantly influence the price of gold.
Remember, trading always involves risks, and it is essential to exercise caution and implement appropriate risk management strategies. However, with careful analysis and a well-informed approach, going long on gold in light of China's long-term buying activities could prove to be a rewarding investment.
Should you require any further information or assistance, please do not hesitate to comment.
Very clear at that point , 1930 focused#GOLD... now gold at his very important area, you should keep close 1930 for next move to anyside.
Keep in mind guys there is only 1930 that can change the story otherwise if market hold it than a sharp drop expected towards 1914 that is most important support of the week.
Trade wisely
Good luck
Gold: Today’s Strategy Plan!
It is another volatile day for gold in Asia and Europe. Although the European market is rising, there is no pressure to break through 1930, and the bearish downward trend remains unchanged. The current price of 1925 in the US market is directly short, bearish!
Looking at the trend of gold, there is an obvious bearish downward trend, and many rebounds have failed to break through the pressure position of 1930. The upward attack is weak. The 1930 position is the end of this rebound and the starting point for another decline! Next, gold will test 1910 or even lower for the second time!
The current position of gold is a volatile trend. This wave of decline will have to test the support of the lower Bollinger Band before it can rebound again! Therefore, we will continue to be bearish next. We will be short at 1925, and our defense will be the pressure position of 1930!
XAUUSD: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
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GOLD 4H (Pivot Price: 1923)GOLD
Analyze
stabilized above 1923 it will help the price to reach 1928, 1932, and 1937
for any reason if the price drops and stable under 1923 then it will be under sell pressure again to reach 1917, 1913 and 1905
Pivot Price: 1923
Resistance Price: 1928 & 1932 & 1937
Support price: 1917 & 1913 & 1905
timeframe: 4H
Gold Price Hits High Despite Adjusted Inflation We've got some exciting news for you today – despite adjusted inflation rates, the price of gold has reached an all-time high! So, grab your favorite beverage, sit back, and let's dive into the golden opportunity that awaits us.
The Golden Surge:
In a world where financial markets are constantly fluctuating, gold has proven its resilience time and time again. Even with adjusted inflation rates taken into account, the price of gold has managed to skyrocket, leaving many experts astonished. This remarkable surge is a clear indication of gold's strength and its ability to withstand economic uncertainties.
Why Gold Shines Bright:
When it comes to investments, gold has always been a reliable choice. It serves as a hedge against inflation, protecting your wealth from the erosion caused by rising prices. In times of economic turmoil, gold has historically shown a tendency to outperform other assets, making it a safe haven for investors.
The Call-to-Action: Long Gold!
Now that we've established the incredible potential of gold, it's time to take action! Don't miss out on this golden opportunity to secure your financial future. Here's why you should consider going long on gold:
1. Diversification: By adding gold to your investment portfolio, you diversify your risk and create a balance that can weather any storm. Gold's low correlation with other assets makes it an ideal choice for safeguarding your investments.
2. Inflation Protection: With adjusted inflation rates becoming a concern, gold acts as a powerful shield against the devaluation of fiat currencies. By investing in gold, you are protecting your wealth and ensuring its purchasing power in the long run.
3. Global Uncertainties: Geopolitical tensions, economic downturns, and unforeseen events can send shockwaves through financial markets. Gold has proven to be a reliable asset during such times, providing stability and security when other investments falter.
Conclusion:
So, dear traders, the time has come to embrace the golden opportunity before us. With gold prices reaching new highs, it's clear that this precious metal continues to shine brightly in the face of adjusted inflation. By going long on gold, you not only secure your financial future but also tap into a timeless asset that has stood the test of time.
Remember, the golden path to success lies in diversification, inflation protection, and the ability to navigate global uncertainties. So, let's seize this golden moment and make our investments truly shine!
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial advice. Please conduct thorough research and consult with a professional financial advisor before making any investment decisions.
GOLD XAUUSD Technical Analysis and Trade IdeaIn this video, we conduct a thorough analysis of XAUUSD GOLD. A noticeable uptrend is clearly discernible on the chart, indicating a substantial recent rally. Presently, GOLD is trading near a crucial weekly and daily resistance level, and in the video, we closely examine the current retracement. Within the video, we explore a potential trading concept founded on an assessment of the prevailing trend, price action, market structure, and various technical analysis factors.
It is imperative to stress that all aspects are meticulously elucidated in the video, and it is imperative to reiterate that the content is strictly intended for educational purposes and should not be regarded as financial advice.
GOLD ( XAUUSD ) Long Term Selling Trading IdeaAug 24
Hello 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
Get ready to make $20K next weekLast week we made nearly $30K in profits from trading. I believe that all my friends who followed my trading signals made very good profits last week and also had a great weekend.
For gold trading next week, we will still focus on shorting gold on the rebound, and this trading strategy may not be maintained until October 1. For the short term, we first focus on the gains and losses of 1930. If gold fails to break through the 1930 position, then we can short gold in small batches based on this position and set a small take profit; if gold breaks through the 1930 position, we will look at 1936 -1940 area, we can boldly short gold around this area.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
How to trade TRover of 80% market is TR so we have to know how to trade it.
sign of TR
shadows, tails, overlap, confusing
weak legs
Multiple Returns
when TR start? after BO a trend line
now how we can trade this monster?
you have to put your orders after a top or bottom.
because hunting is normal in this area.
now let's go on chart!!!
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.