GOLD XAUUSD Trade IdeaGold has reached a significant resistance level on the 4-hour time frame. We're observing a potential selling opportunity, considering the chance that it might retrace from this point through an imbalance evident on the 4H chart. It's important to note that this should not be interpreted as financial advice. It's crucial to effectively manage your risk in any trading decision.
Goldtrade
Consecutive profit this week, achieving the goal of $20K weekly Today we achieved a comprehensive victory in gold and crude oil trading! The signal I am announcing to you today is as follows:
XAUUSD: @ 1906-1904 Buy, TP: 1912
USOIL: @ 80-80.2 Sell, TP: 79.4
Two trading strategies, crude oil has successfully reached the profit target, and gold has also manually taken profits above 1910. It can be said that today is another day of harvest. In addition, it can be said that this week is a very successful week, because this week continued to achieve the goal of a stable weekly profit of $20k.
For the current trend structure of gold, gold should still have a certain rebound space, so gold should continue to rebound upwards. But today is Friday and the weekend is approaching. It should be time for a good rest, so I will stop trading today, and I will review the market during the weekend, and organize and summarize the trading experience of this week,I think it is the basic quality of being a professional trader.We made a lot of profit this week, which is gratifying. I think not only me, as long as the friends who follow my trading should also have a good weekend. We make money to allow ourselves and our families to enjoy this beautiful world and life, and this is the meaning of making money. Let's hope we continue to trade hard next week!
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
GOLD:Trading strategy
Gold rose again yesterday and today, reaching a maximum of around 1923, and it has risen by almost 40 US dollars from the bottom. The short-term increase is too fast, which also leads to a problem, that is, the indicators of each cycle are overbought very seriously.
For today's trading, we can wait for the gold price to fall back to the support level and will not fall below the level. We can buy again. The rebound of the big cycle has not yet ended. If the bottom is confirmed twice, it will definitely continue to rise.
Gold trading advice today:
Gold:buy1905-1910 TP:1920-1935
Short-term fast trading
Gold:sell1920-1925 TP:1915-1910
As long as the decline does not break through the previous low, then it is still an upward trend, so if you sell short, you must strictly set a stop loss or close the transaction when you have a profit.
If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
GOLD ( XAUUSD ) Long Term 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
Latest gold trading signals
Gold rose to a two-week high for the fourth straight session, extending gains in the previous session as weak U.S. economic data and the Federal Reserve may release interest rate guidance at the Jackson Hole meeting.
At present, gold rose during the US session, located around 1918 adjustment, gold today after touching 1923, the lowest is down to around 1912, 1912 is exactly in the hourly trend line, if it breaks through this trend line, then gold will continue to fall.
Gold trading strategies:
xauusd:@sell1925-1930 tp1915-1910
Join me for more free accurate trading signals
XAUUSD: 21/8 Today's Trading Strategy AnalysisDuring the Asian session on Monday, spot gold dropped slightly, hitting a low of 1884.70 since March 15. Gold prices closed close to flat on Friday, but still fell 1.27% for the week, closing down for the fourth consecutive week, as recent U.S. economic data has boosted market bets that interest rates will remain at higher levels for a longer period of time. DXY is relatively strong, and the yield of U.S. bonds once approached the highest point in nearly ten years, which significantly suppressed the price of gold. Headline inflation has moderated for now, although much of the improvement can be attributed to lower energy prices. Core inflation remains hot, with concerns that inflation may not return to the 2% target anytime soon as the labor market remains extremely tight. That said, while significant progress has been made on inflation, it may be too soon for the Fed chair to celebrate victory and declare "mission accomplished." Powell's comments could also have a disproportionate impact at a time when U.S. Treasury yields are nearing their highest levels this cycle. Jackson Hole could be the catalyst for a breakout or decline, driving corresponding moves in the dollar and gold.
The gold market opened at 1912.9 at the beginning of last week. After that, the market first pulled up to 1916.3, and then the market fluctuated and fell back. The weekly line effectively fell below the previous low of 1892, and then the lowest was 1884.8. After the market was sorted out at a low level, the weekly line finally closed at After 1889.2, the market closed with a big Yin line with a lower shadow line slightly longer than the upper shadow line, so that gold continued to be under pressure after the line was closed. From the perspective of the gold trend, after gold fell below 1892, the daily and weekly lines have been negative, indicating that the recent downturn has not yet ended. However, it should be noted that the US index has already shown a downward trend, so gold has entered an anxious stage. Gold pressure 1894-1899, support 1884-1874; Summary: Gold is still running in a downward trend channel. Today's operation gives priority to rebounding and shorting, and then doing long at low prices.
Gold Operation Strategy:
SELL:1893-1896
TP1:1889
TP2:1883
BUY:1880-1883
TP1:1886
TP2:1890
Today's major data announcement, how to tradeAnalysis of gold layout: From the perspective of the structure of gold, gold rose slowly to the 1923 line yesterday and then began to fall after many pre-breakthroughs failed. We can't blindly operate this kind of trend too much. The final direction of gold is also out tonight. Although the failure to break through the high point for many times has made the bulls lose their confidence, and the momentum of the bulls has gradually weakened. It is expected that gold will go out of the weak weak downward trend for a short time. Waiting for the correction to break through the 1923 resistance will allow us to continue looking above 1930. Today's operation is based on the old rules, just sell high and buy low.
Back to the topic, gold was affected by the bad news last night, and its upward momentum has weakened significantly. It failed to hold above 1920, and this week's rebound is over.
Today, let’s watch gold rise to 1921-1923, reach this range to find a high level and enter the market to short, SL1928, TP1910
Fall to around 1911 and go long, SL1904, TP1920
Gold prediction on 25.08.2023Gold, often dubbed the "safe-haven asset," has historically been a go-to investment during times of uncertainty. Over the years, gold has maintained its allure for a variety of reasons. Let's delve into why gold could remain bullish for an extended period:
Economic Uncertainty: In periods of economic turmoil, recession, or stagflation, investors often flock to gold as a hedge against uncertainty. With economic cycles witnessing frequent downturns and the potential for future crises, gold's appeal as a protective asset may persist.
Low-Interest Rate Environment: Central banks around the world have kept interest rates historically low for extended periods to stimulate economic growth. When interest rates are low, the opportunity cost of holding non-yielding assets like gold decreases, making it more attractive to investors.
Inflation Fears: Gold is frequently viewed as an inflation hedge. As central banks adopt more expansive monetary policies, injecting liquidity into markets, there's a fear of eventual inflation. If inflation rises, the real value of many investments may erode, but gold tends to retain its purchasing power.
Geopolitical Tensions: Gold benefits from geopolitical uncertainties and tensions. Wars, territorial disputes, trade wars, and other geopolitical events can drive investors towards the safety of gold.
Currency Devaluation: In situations where national currencies are devalued, either due to policy decisions or economic conditions, gold often acts as a store of value. It isn't tied to any single economy, making it resilient to such downturns.
Diversification: Modern portfolio theory emphasizes the benefits of diversification. As gold often moves inversely to stocks and bonds, it can act as a diversification tool, and its inclusion in portfolios might increase.
Rising Demand in Emerging Markets: Countries like India and China have a cultural affinity toward gold. As their middle classes grow and incomes rise, demand for gold (both as jewelry and an investment) could further increase.
Limited Supply: Gold mining is an expensive and time-consuming process. While there's still a significant amount of unmined gold in the world, the rate at which new major gold deposits are being discovered has slowed, potentially leading to supply constraints.
Technological and Medical Uses: Beyond its monetary and symbolic uses, gold has practical applications in electronics, dentistry, and various other fields. As technology progresses, these industries might continue to demand gold for its unique properties.
Growing Interest in Gold ETFs: The emergence of gold-backed ETFs has made it easier for regular investors to include gold in their portfolios without the need to hold physical gold. This has expanded the investor base for gold, providing a more modern avenue for its demand.
GOLD: Long term future direction!The US Dollar Index (DXY) is experiencing a rebound and is currently trading at 104.10, strengthening the Greenback against the six primary currencies. The rise in the value of the US Dollar (USD) can be attributed to moderate employment data in the United States, which has created a sense of caution among investors as they seek further indicators regarding inflation expectations.
GOLD ( XAUUSD ) Long Term 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: 1920)
GOLD
if it is below 1922 the direction downwards going until it reaches 1913 and 1906 then 1889
if it falls above 1922 the direction is going to touch 1926 again and 1933
Pivot Price: 1920
Resistance Price: 1926 & 1933 & 1938
Support price: 1913 & 1906 & 1889
timeframe: 4H
Earn at least $20K this week with trading signalsToday's trading results are not bad, at least all the recent transactions have been profitable. The income so far this week has exceeded $16K, and it is still $4K away from achieving a stable profit of at least $20K every week. I hope that in the rest of this week, through my analysis of the market, I can earn at least $4K Only in this way can I complete my small weekly goals. Are you interested in completing this week's goal with me?
At present, gold has risen above 1919. I have been reminding everyone that the trend of gold is changing two days ago, and the result has been verified to be completely correct, and it is completely in line with my trading rhythm. In the past two days, as long as you are a friend who keeps up with the trading rhythm, you should have made a lot of profits.
So for the current gold, it is not suitable to chase more gold for the time being. At least wait for gold to fall back to the 1910-1905 area before considering buying gold again. The current short-term resistance of gold is in the 1923-1925 area.Gold will definitely tentatively enter this area today or tomorrow, and there may be a good trading opportunity at that time. As long as you grasp this opportunity, I believe you can grasp a trading profit of at least $10, or even $20. I hope everyone can cherish this trading opportunity.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
Gold's Jackson Hole Rally: What's Next? Gold is possibly still within its descending channel, though it has discovered a foothold at $1885 and demonstrated an upward shift this week due to a decline in bond yields. However, the anticipation is for the Fed funds rate to remain higher for longer, so gold’s upside potential might be short-lived.
Butting up against this hypothesis is the very recent surge in gold from $1900 to $1916. This surge can be attributed to a weakened USD, which followed the release of several data points, including a decline in the US Composite PMI to 50.4 in August (below the expected 52.0), and a drop in the Manufacturing PMI to 47.0, reaching a low point for the past two months.
For downside risk, bears may again target the $1880 and $1885 resistance if the price falls back below $1908 level (200 SMA). Immediate upside risk is potentially restricted at $1920 (20 SMA). Jerome Powell is set to take the stage at the Jackson Hole Symposium in the next 48 hours (scheduled for 10:05am ET Friday) and gold’s near-term trajectory will likely be guided by this significant event.
Interestingly, the pound is bucking the trend of a softer US dollar. The GBPUSD weakened to $1.2716, as traders digested the UKs equally weaker-than-expected PMI data. The latest UK Private Sector Output Fell the most in 31 months (about 2 and a half years).
A game changer level is on table#GOLD... Market just hitt your target area 1920 and hold it..
Guys it will be market game changer level 1920.
Keep close it, and do t be lazy here as I told in my perveious idea.
If market hold 1920 in hour chart then drop expected towards his supporting area that is mentioned on chart .
Jackson hole symposium first day on table,
Don't be lazy and use propr stop loss..
Because game will start from tomorrow..
Upside above 1920 next will be 1932 1940 1957 and 1970...
Trade wisely
Good luck
Gold: A Timeless Investment Amidst Market CyclesIntroduction:
Have you ever wondered why Gold has been a symbol of wealth and prosperity for centuries? In today's ever-changing financial landscape, where market cycles can be unpredictable, it's crucial to explore investment options that can withstand the test of time. Enter Gold - the shining star that has consistently proved its worth, regardless of market fluctuations. In this article, we delve into why holding onto Gold, irrespective of the cycle, may be prudent for traders seeking stability and long-term gains.
1. A Safe Haven During Uncertain Times
2. Diversification and Portfolio Protection
3. Long-Term Value Appreciation
Call-to-Action:
Considering the compelling reasons to invest in Gold, it's time to explore its potential as a strategic addition to your trading portfolio. As the dollar faces uncertainties and market cycles, continue to fluctuate, don't miss out on the opportunity to capitalize on gold spikes. Take the necessary steps to educate yourself about gold investment options, such as purchasing physical Gold, investing in gold ETFs, or exploring gold mining stocks. Remember, knowledge is power; with the correct information, you can make informed decisions that align with your investment goals.
Conclusion:
As you navigate the ever-evolving financial landscape, traders must consider investment options that can withstand market cycles. With its historical resilience, Gold is a beacon of stability and potential wealth preservation. By holding onto Gold regardless of the cycle, you can diversify your portfolio, protect your wealth, and benefit from its long-term value appreciation. So, as the dollar falls and gold spikes, seize the opportunity to embrace the golden path to financial security.
Invest wisely, and may the golden opportunities be forever in your favor!
Note: This article is for informational purposes only and does not constitute financial advice. Please consult with a professional financial advisor before making any investment decisions.
GOLD: Which model will appear?Gold price struggles to capitalize on the previous day's positive move and oscillates in a narrow trading range below the 1,900 mark during the Asian session on Tuesday. The XAU/USD, for now, seems to have stalled its recent decline witnessed over the past four weeks or so, to the lowest level since March 2023, around the 1,885 region touched last Thursday as traders keenly await more cues about the Federal Reserve's (Fed) policy outlook.
Continue profit, and the profit has reached $16K so farDo you remember what I said in the article yesterday? You can rest assured to hold the long positions of gold in your hands, and we will successfully reach our profit target of 1902 tomorrow. Obviously, the trading strategy of insisting on long gold yesterday was once again verified to be correct. At present, gold has rebounded to the highest position of 1905. Our trading strategy of long gold in the 1896-1894 area, and the trading strategy of long gold in the 1890-1888 increase position, all succeeded in making profits.
At present, gold has fallen again after hitting 1905. At present, gold is running around the position of 1902. Although gold has fallen, from the perspective of the US dollar, the US dollar has risen, but the gold correction is only 4 US dollars, and gold shows obvious resilience. It shows that the 1905 position is not a strong resistance, and gold is likely to try to break through the 1905 position next, so after the gold pulls back, there will be better opportunities to do long gold. We must cherish the opportunity of this wave of gold rebound. August may be the last chance for gold to rebound. By the beginning of September, the adjustment cycle of gold may be ushered in again.
There is no fluke in the market, we need more time to look for opportunities and be good at seizing them. And I spend a lot of time every day researching the market and profiting from it. Similarly, I also make more detailed trading plans and trading signals based on the market every day. The article has a certain lag. In order to grasp the market dynamics and trading plan in time, you can follow the bottom of the article to master the wealth code and create your own wealth!
Gold XAUUSD Intraday Signal 23-08-23Wow! It is crazy now. Look at the positions. Sma200 at 1902 between 23.6% 1900 and 0.0% 1904 and sma44 1894 combined with 50% level and the price is on support 38.2% 1897. We are in real squeezed area so need to have a look at few larger time frames. In H4 sma44 is at 1897 and in D1 sma200 is at 1908. So here is the picture, if price breaks upwards sma44 in H4 at 1897 and it becomes support then we might visit 1908. On the other hand if the price breaks downwards then next further 1894 is to be broken where sma44 and 50.0% level is on support, then we may test 1885-87 area again. As the trend is also bending towards bullish side there is a good chance of a buy between 1895-97, I go with 1895 to pick a buy. For sell side at least 1905-08 area is MRS to be considered. Very critical position I see in Gold for today. Use stop loss mandatory and do not change it. Take care and good luck.
🥇Gold🥇 increases after the breaking Descending Channel🚀💡After moving in the 🟢 heavy support zone($1,903-$1,886) 🟢 for a while, gold managed to break the descending channel .
💡Of course, the Regular Divergence (RD+) between successive valleys was a sign of the failure of the descending channel.
💡Another sign that we can consider increasing gold is the Buy Signal by 20-SMA and 60-SMA .
🔔I expect gold to go up to the Fibonacci levels I marked on the chart.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
going towards target but dont be lazy,#GOLD... market is just going towards your target area arround 1919 20 ,
it will be market today final zone from 1920 to 1927
if market hold this zone then again drop expected otherwise not..
keep close this upside range from 1920 to 1927 and stay sharp here guys,
next 20 points move will start from here ...
trade wisely
good luck
phycological area 1900 break? next?#GOLD... market just trade above his phyclogical area 1900 its market most traded area from last 5years,
again market trade above this level,
keep close it,
if market hold 1900 1901 now then a bounce expected upto 1920.
only holding of this area will leads you towards upward areas otherwise not..
trade wisely
good luck