Trading strategy for 20 pips profitToday, I gave you a trading idea. We try to short gold at a relatively high level. At present, I have informed everyone to short gold near 1915 and 1920 respectively. Although there is no profit yet, I believe we will definitely achieve good returns.
Yesterday, gold fell to a low of around 1900. Today, gold rebounded and recovered some of its losses, and gold is currently trading near 1919. Although gold has seen a partial rebound, in my personal opinion, this is just a technical repair, so I do not recommend chasing gold at this position. At present, gold faces resistance in the 1921-1923 area at the short-term level, and if the rebound is not strong, it may be difficult for gold to stand above 1920. Therefore, gold will also face a downward trend in the short term. At present, everyone can hold the order patiently and wait for profit!
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!
Goldtrade
Gold 1938 continues to be empty
From the perspective of the daily line pattern, after the rapid rise in the U.S. market, the price successfully stabilized above the key pressure level of 1924, reaching the highest point of 1938. The market has opened a new round of space trends. The intraday support focuses on the first-line support of 1924, and the upper pressure When the position reaches 1948, the data is just a laugh. Although it is a good trend for the bulls, but the rapid rise will definitely fall back and adjust. In the early trading, it will be short at 1936. When the price reaches the vicinity of 1924-1926, it will go long directly!
The hourly line trend shows a volatile upward pattern, the high point is constantly setting new highs, and the low point is constantly rising. At present, with the changes in the market, the support of the trend line has moved up to around 1916, and the support of the moving average has come to around 1926 , the price deviation from the current price of 1936 is too large, and the probability of stepping back on the moving average within the day is very high. I think today's overall trend will continue to rise after shocking down and adjusting, and the bulls will rise after they get a foothold.
The U.S. market focuses on the small non-agricultural market. If there is no accident, there will be no other redundant trends in the European market except for the callback. We need to take the empty order of 1936 with peace of mind. There is no shortcut to the transaction, and there is no background. Floating losses and messing up your mind, let go of your timidity, adjust your mentality, the end of the transaction will always be the next order!
Gold 1888 began to be more, more orders 19 consecutive victories
19 consecutive victories in multiple orders
Gold multi-stage multi-orders are all profitable. We started to deploy long orders from the 1885 line, and increased positions along the way. You can list them, 1888, 1890 (more than three times), 1891, 1892 (three times), 1893, 1894 , 1895, 1897, 1898, 1899, 1900 (2 additional positions), 1901 and 1902, all Dayang lines take profit and leave the market
Gold is blocked at the moment, and the k-line is obviously unable to move forward. It is inevitable to fall back. Overnight 1918 is empty, and it is right to do it. There is absolutely no waiting. It is also simple and clear, never ambiguous, only specific points bit
The gold four-hour line is a little immobile. At least the 1920 line is still not standing firm. It has been mentioned that the gold price and the moving average will inevitably return. The current k-line deviates far from the moving average. This is an unreasonable trend. The transaction is not one-sided. At least I can't be like this. At any time, the k-line is the so-called Tao of one yin and one yang, that is, a fall is inevitable. Today, it will fall below 1910
Gold long and short 40 consecutive victories, the current price
Gold, we are long and short to take profit again. During the day, we are short at 1926, and the big Yin line takes profit at 1915. Then we directly backhanded more, and 1916 also increased our positions. At night, the US market reached above 1931 in one go, and we directly took profit and left. , now come to 40 wins
The position of gold 1938 is encountering resistance again. This is also a strong resistance in the previous period. The k-line is bound to fall back. Two horizontal lines and one vertical line are directly empty. It belongs to the movement around the moving average, and it is inevitable to return to the 50 moving average. Let’s look at the fall first
It is obviously a bearish trend, all below 1946 are empty
Yesterday we were short at the current price of 1941, 1942, 1943, 1944, 1945, and 1946 were all empty, and the entire network entered the market publicly. At present, the k-line has reached below 1935, realizing continuous harvesting of empty orders, and recently achieved 52 wins and 3 losses
At present, the k-line is in a short position, and it looks like it will plummet. It will be below 1870 at one time, and there is still 60 points of space at present. Don’t miss this wave of empty space. At the same time, the signal at the top is also obvious. The high point keeps moving down, two points and one line , it is obviously a bearish trend, all below 1946 are empty
GOLD/XAUUSD UPDATE MAPPING For today setup, i like to make sell position at price 1915 - 1917 for short position or 1918 - 1820
for now i see Gold make a push to daily resistent because breakout. So i will fokus sell until gold reach support daily/weekly level.
if price react at 1915, i will TP at 1910.
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.
Still a bearish momentum below 1913#GOLD... so as you can see guys that market placed 1900 around low in today and bounce from his physiological area and also it was pattern level..
But still it showing a bearish momentum untill trade below 1913.20 and didnot closed above that area.
Only closing above 1913.20 can change the scnerio otherwise not..
Trade wisely
Good luck
Go short gold first, then go long gold and keep making money Today I have given you two trading ideas. 1. When gold rebounds and touches near 1912-1913, we can short gold; 2. When gold hits near 1900 for the first time, we can go long gold. Obviously, gold has not touched the 1913 level where I expected to be short gold. However, when the initial unemployment claims data were negative for gold, the price of gold did not fall below 1900, which is in line with my above-mentioned conditions for long gold near 1900. So I remind everyone to go long gold below 1902 in time, and successfully reached my profit target of 1908.
With relatively little room for gold fluctuations, we still made good profits. And after we took profits, we shorted gold again. Now we are close to our expected profit target. You can hold the order patiently and wait for the profits to increase.
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!
Gold continues to go long
Gold is bullish at the opening, and we continue to hold the 1900 line. That means we are bullish. We have been bullish in early trading. We have never waited, never been hesitant, and continue to be bullish.
The bottom of gold is still in the form of a triple bottom. The U.S. gold price once reached around 1905, and it is obviously still holding this position. The K-line continues to fall, especially the CPI data is negative, but the gold price cannot fall at all, which shows that If it does not fall for a long time, it will inevitably rise. The K-line continues to grow its lower shadow, and 1908 continues to increase.
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
GOLD:Trading strategy
Yesterday, gold fell to 1905 due to the influence of CPI, but it did not fall below 1905, so it can be judged that 1905 has strong support.
But 1915 also has a lot of resistance, so now gold is still fluctuating in the range, the range is 1905-1915.
Today, pay attention to the number of U.S. unemployment benefits and the monthly retail sales rate in August.
We trade in small batches before the data is released.
Short-term fast trading
Gold:buy 1905-1907 TP:1910-1915 SL:1898
If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
XAUUSD: Waiting for another Sell opportunityGold is running within a narrow range, which is no different from its recent trend! It’s all ink on the Asian and European markets, and the US market explodes! The current trend is still falling. There is no problem with this. In terms of operation, continue to short, relying on the pressure of yesterday's rebound high of 1914-1915 to be bearish!
Today's trend is to fall first, rebound and then go sideways, but there is no pressure to break through 1915 at the highest! Because it can be seen from the hourly chart that the strength after breaking yesterday was very strong, which was the beginning of a new downward band, corresponding to the previous downward band of 1953!
It has just started to fall now, and the shock rebound after breaking the position is insufficient, indicating that the bulls are unable to resist! The band of this decline is the daily level Bollinger lower track support position, which is within the 1890-80 area!
So the summary is 1914-1915Sell, target 1900, 1890, 1880
GOLD:Trading strategy
Gold is now in a downward trend, but we must pay close attention to the impact of today's US CPI on the trend of gold, which will determine the price of gold.
If CPI is good for gold, then I think gold will rise in the short term. If CPI is bad for gold, then gold will once again test the support point near 1884.
My suggestion is to wait for the CPI news before trading. The market will always be there, and there will always be opportunities to make money. We don't need to gamble, and it is more important to obtain stable transactions.
If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
XAUUSD:11/9 Today Gold Trading StrategyLast Friday, the gold market as a whole experienced a narrow range of shocks around the 1930 mark. During the Asian and European trading sessions, the price quickly shot up and broke through the 1927 mark, but then encountered suppression and fell back, falling further and falling into sideways fluctuations. It began to fall rapidly in the US market, but stabilized near the 1920 mark and ushered in a rapid rebound. In the end, the price broke through the 1929 line, but still fell back under pressure, and fell again to near the 1917 mark in the market outlook, finally closing at around 1918.
Gold countered in early trading last Friday, and temporarily stopped after reaching a maximum of around 1929. At the same time, the European market did not move weakly, and was relatively resistant to decline. From the current market point of view, there is a long shadow line on the daily chart. , it remains to be seen whether it is stabilizing for the time being or whether it will decline further after the mid-rail correction. From the chart, it still shows a downward trend, but the price has support here at the mid-rail. Judging from the trend on Friday, the rebound is relatively weak. We The predicted 1930 target has not been breached. Decline is the main trend at present. The decline is mainly passively affected by the strong rise of the US dollar index. The lower support will remain at last week's low of 1914. The probability of this position continuing to fall is low. The daily line closed with a small positive on Friday. It is also very likely that it is a reversal signal from the bulls, and the daily line is still relatively in the upward channel, so for today's operation, it is relatively simple. Therefore, the intraday operation can be considered to be mainly within the 18-20 range. When reaching this position, adopt a long strategy and look at the 1930 position above. If the position is broken, you need to wait for the market to stabilize before considering shorting.
Gold operating strategy:
BUY:1918-1921
SL:1913
TP1:1925
TP2:1930
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: CPIThe US consumer price index (CPI) is expected to increase 0.5% month over month, which is an improvement from the previous month's reading of 0.2%. Meanwhile, the core CPI figure, which excludes volatile food and energy prices, is forecast to remain steady at 0.2%.
These numbers could provide insight into overall inflation trends in the US economy and could have an impact on market sentiment and trading decisions for the denominated yellow metal USD.
Gold Dips as Mixed Inflation Report is Released
Introduction:
In the world of trading, where uncertainty often reigns supreme, gold has long been viewed as a safe haven and a reliable hedge against inflation. However, recent developments have left traders in a state of flux as a mixed inflation report has caused gold prices to dip. In this article, we urge traders to exercise caution and take a momentary pause before making any hasty decisions regarding gold trading.
A Mixed Inflation Report Causes Ripples:
The release of a mixed inflation report has sent shockwaves through the trading community, with gold prices experiencing a notable decline. This report reveals conflicting signals about the future trajectory of inflation, leaving traders grappling with uncertainty and a lack of clear direction. As a result, traders must approach gold trading with a level-headed perspective.
Navigating Uncertainty with Caution:
While gold has historically been a steadfast asset during times of economic turmoil, the current mixed inflation report warrants a cautious approach. It is essential to recognize that gold's value is intricately tied to inflation expectations, and without a clear consensus emerging from the report, the short-term outlook for gold becomes unpredictable.
The Call to Pause:
In light of the current situation, we strongly encourage traders to exercise prudence and consider pausing their gold trading activities, at least until further clarity emerges. Rushing into decisions based on incomplete information can lead to unintended consequences, potentially resulting in financial losses. By taking a step back and waiting for a clearer picture to emerge, traders can better assess the market conditions and make informed decisions.
Consider Diversification:
While gold may experience temporary dips, it is essential to remember that diversification is a key strategy for mitigating risks in any trading portfolio. Instead of solely relying on gold, consider exploring other investment opportunities that may be less affected by the mixed inflation report. This approach allows traders to spread their risks and potentially capitalize on other market opportunities.
Stay Informed and Seek Expert Advice:
In times of uncertainty, staying informed is of utmost importance. Keep a close eye on economic indicators, market trends, and expert opinions to gain a comprehensive understanding of the evolving landscape. Seeking advice from seasoned professionals can also provide valuable insights and help navigate through turbulent times.
Conclusion:
As gold prices dip amidst a mixed inflation report, traders must exercise caution and pause to reassess their strategies. Rushing into trading decisions without a clear understanding of market conditions can lead to undesirable outcomes. By diversifying their portfolios, staying informed, and seeking expert advice, traders can position themselves to make informed decisions when the path ahead becomes clearer. Remember, in times of uncertainty, patience and prudence can be the keys to success.
Call-to-Action:
In light of the current mixed inflation report, we urge traders to pause on trading gold. Take a step back, reassess your strategies, and wait for further clarity to emerge. Diversify your portfolio, stay informed, and seek expert advice to navigate through these uncertain times. Remember, exercising caution today can lead to more successful trading decisions tomorrow.