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
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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 ( XAUUSD ) Long Term Selling 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
XAUUSD:3/10 Today’s Trading StrategyGold prices fell to their lowest settlement price since March on Monday and are heading toward a so-called "death cross," which could lead to further falls.
In early Asian trading on Tuesday, spot gold continued its decline, with the price once hitting a nearly seven-month low of $1,815. However, fundamentally, “interest rates and the Fed’s hawkish stance are still the theme of this game and the market’s focus in the coming weeks. The main driving force”. The last time gold prices fell this low was more than six months ago, when a regional U.S. banking crisis triggered an influx of buyers. “Then, as now, pressure on gold prices came from rising U.S. government bond yields and an assessment of expectations for higher long-term interest rates.
Judging from the current daily structure, all important positions that could provide technical support in the past have been broken. It seems that the decline has lost its support basis. Gold bulls have been completely passive. Even if the US dollar index appears to be under pressure, it will not be helpful to gold bulls. Therefore, when gold can stop falling and rebound in the future, and when bulls can exert force, it may require the influence of fundamentals. Without the support of positive fundamental factors, even if gold stops falling and rebounds, its strength and space may not be able to eliminate the extreme emotional pressure of short sellers. Therefore, for the future trend of gold, we need to pay close attention to changes in fundamental factors and market sentiment.
Judging from the daily analysis, the gold moving average continues to cross downwards, and the short trend is still obvious. Gold has been falling all day without any rebound. It is difficult to say when this trend will bottom out. It can only be said that it continues to be short with the trend. Gold rebounded slightly to 1840 and then fell back. This shows that gold 1840 still has great resistance. Overall The technical pattern is very clear for short positions. Any rebound is a short-selling opportunity. Keep trading with the trend.
Taken together, today's gold operation idea is to focus on short selling on rebounds. If you go long on callbacks, you can only make about 5 US dollars before leaving the market.
SELL:1828~1830
SL:1835
TP1:1821
TP2:1816
TP3:1805
BUY:1805~1808
SL:1800
TP:1815
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
Gold 4hr TFGold has experienced a decline of 6.8%, but it appears to have formed a stable foundation and is showing signs of rebounding from the -0.618 level, indicating several factors aligning for potential long positions. Additionally, with the US Dollar showing bearish movement, there's a likelihood that gold may transition into a bullish trend.
GOLD SELLHello, according to my analysis of the gold market, there are good opportunities for selling. The price has reached a very important stage. The price reached a strong resistance at 1945.60. There is a downward trend as shown in the analysis. A very negative candlestick was formed on the 4-hour chart. We also notice a strong correction on the Fibonacci Golden Ratio of 61%. All these factors confirm that the market is for sale. good luck for everbody
XAUUSD: Gold prices have stabilized, ready to buyThe decline of gold has now come to an end for the time being, and it will enter a short-term shock, within the 1815-45 area! Go long near the 1817 position to see a rebound. If you have not bought, you can buy directly at the current price of 1821. Pay attention to the pressure of 1833 at the top. After the breakthrough, it is bullish to the 1845 line!
Judging from the 4-hour chart, gold has always been suppressed by the Bollinger Band, and every time it touches it, it will break down again! But now that this position has not been broken for three consecutive days, and the decline has temporarily come to an end, then the next rebound in the trend will definitely touch the pressure of Bollinger's upper track!
Long, the US market is bullish at low support, and then short after encountering resistance and pressure above! The initial jobless claims data in the US market is released, and it is expected to rebound first and then fluctuate like yesterday!
XAUUSD: 2/10 Today’s Trading StrategyGold continued to consolidate at low levels on Monday. Gold prices suffered a sharp sell-off last week, continuing and accelerating the downward trend that began after the Federal Reserve raised interest rates on the 20th and kept interest rates unchanged. Previously, the Federal Reserve reiterated that interest rates will remain high for a longer period than previously expected. , and there will be at least one 25 basis point interest rate hike. Gold has been sold off due to concerns about high interest rates, and gold prices may fall further in the first week of October. The interest rate theme has markets on edge and gold's behavior as the Federal Open Market Committee (FOMC) has been aggressively bearish.
Gold fell rapidly to $1,850 in a short period of time last week. The bearish situation seems not to be over yet. After the gold price rebounded on Friday, it tested the resistance and then was pressured to break through the bottom. The price has gone out of the space of tens of dollars in both long and short positions during the day. The current gold trend is downward, and the market on Friday is a buying after oversold. The rebound of the market! Surprises can also happen in trending markets! Gold has no real moving average support in the booth and before the moving average golden cross, the downward trend will continue! The current key pressure is still the pressure position of the 4-hour mid-track! The two moving averages are parallel and downward, which means that the trend is intact, so just rely on the pressure position to go short. The short-term long-short watershed is currently around 1867.
Shock adjustments began in early trading this Monday. The current moving average maintains a long-term dead cross suppressing the price of gold. The pressure on the short-term moving average has reached the 1861 line, while the pressure on the trend line is at the 1860 line. However, such a big rebound is not expected during the day. , today’s solid operation strategy is to wait for the price to rebound before going short.
SELL:1845-1848
SL:1853
TP1:1938
TP2:1832
TP3:1828
It is currently in a downward trend, and the risk of going long is relatively high. It is not recommended to participate.
GOLD XAUUSD Technical Analysis and Trade IdeaIn this extensive video analysis, we conduct an in-depth examination of XAUUSD GOLD's dynamics. It becomes apparent that GOLD has encountered significant downward pressure in recent times, resulting in its decline toward a crucial monthly and weekly support level. The chart prominently displays an extended price movement, suggesting the potential for an impending retracement.
Our discussion encompasses vital aspects of technical analysis, including a look at the prevailing trends, meticulous scrutiny of price action, an assessment of market structure, and an exploration of various other critical elements intrinsic to technical analysis. Throughout the entirety of the video, we elucidate each concept, ensuring a comprehensive and enlightening point of view for our audience.
It is imperative to underscore that the content presented in this video is intended solely for educational purposes. Viewers should refrain from interpreting it as financial advice or counsel. It is essential to keep in mind that trading inherently carries a heightened level of risk, and responsible risk management should always remain paramount in your trading endeavours.
GOLD ( XAUUSD ) Long Term Buying Trading Idea
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
GOLD:Downtrend
The decline in gold last week caused me to lose a lot, so last week I chose to rest on Thursday and observe for a day.
Now gold is still in a downward trend, so as long as it rises today, it is an opportunity to sell, and today it recovered part of last week's losses.
The last biggest decline, from 2080 to 1893, fell by about 187 points. If it is the same this time, then the bottom this time may be from 1987 to 1800, around 1800-1820, but these are all predictions. If we reach the vicinity of 1810 for the first time, we definitely need to buy to win the rebound.
Now gold is near 1832, and there is very little space from 1820, so you can now wait for the rebound to sell again, or wait for it to fall to 1820, divide the position and gradually buy, control the position, so that the chance of profit will be higher.
Last week let me learn that survival is more important than making money. I hope everyone can make money.
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$1,870 or $1,800 -> Which Direction for Gold?Gold has now hit a seven-month low at $1,830 just as the US government avoids a shutdown.
Over the weekend, the U.S. Congress passed a stopgap funding bill. This means that important government information won't be delayed, and it won't make it harder for the Federal Reserve to decide what they might do with interest rates.
Traders are starting to believe that interest rates will stay high for a long time, which is not good news for the precious metal market.
Traders think there is a 55% chance that the Federal Reserve will keep interest rates between 5.25% and 5.50% this year, which might not be a great enough majority to convince gold traders to look for prices above $1,870 in the near term.
However, Federal Governor Michelle Bowman mentioned yesterday that she's open to raising rates more if the data shows that inflation is not slowing down at a reasonable pace. Sentiment like this might keep gold above $1,800 for the time being though, and limit gold bears from overcommitting to a larger downfall.
The next big data reports to affect the gold market will be this week's job openings data, private hiring numbers and nonfarm payrolls.
GOLD ( XAUUSD ) Long Term Selling 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
Can We See GOLD Back to 1690-1700s ?hello traders , i hope everybody is doing well
waiting for fed conference today i sat down and i started wondering could we see gold back to 1700s ?
technically speaking :
A ranging market is a market where the currency pair prices move back and forth between a price range of a high price level and a low-price level. The highest price level is formed with a resistance line, whereas the lowest price level is formed with a support line.
Gold has been on a range since the beginning of the 2020s
in august 2021 gold reached the top resistance of the range the 2070s and a bearish move took the market to the support of the range the 1680 -1700s.
i n march 2022 gold reached the top resistance of the range the 2070s and a bearish move took the market to the support of the range the 1680 -1700s.
in may 2023 gold reached the top of resistance the range the 2070s But can we see a bearish move that takes the market to the support of the range the 1680 -1700s ?
for the third time in a row ? id say technicaly it is possible.
fundamentally its possible too but we cant say for sure ,
Gold Continues Falling on Hawkish Fed Stance
Despite U.S. macroeconomic reports being weaker than expected, the US Dollar Index (DXY) continued to rise, while gold (XAU) fell sharply.
The prospect that the Federal Reserve (Fed) will maintain its base interest rate at a high level for longer continues exerting downward pressure on XAU/USD. Indeed, the gold price dropped below a one-month low, as the market now expects a rate cut to not come until July 2024. The possibility of high U.S. interest rates is fuelling fears of a global recession and stimulating risk-off flows in the US dollar. Thus, most other major currencies depreciate, and commodities prices decline.
Via- investing.com
could we see gold drop to 1700s ?
please share with me your thoughts bellow . i think it is possible and probable .
XAUUSD: 28/9 Today’s Trading StrategyOn September 28, the gold market started to fluctuate. It will take some time to digest the large movements yesterday. Gold is currently trading at around 1876. The price of gold fell again on Wednesday and fell for the third consecutive trading day. It fell below 1880 for the first time since March 13. The intensity has further increased. Although it has fallen beyond the lower track, there is a certain demand for a technical recovery. However, the indicators in the attached picture still show no signs of weakening short positions, which implies that there is still room and strength to continue to decline in the market outlook. The trend will rely on the lower Bollinger Bands or the resistance of the 5-day moving average for high-altitude entry, waiting for the weekly target to be reached. The current high of 1950 has clearly peaked. This impact has led to a negative decline in 1947, laying the foundation for the Air Force's downward trend. The Federal Reserve's interest rate hike expectations are even more hawkish, and the fundamentals are overwhelming the bulls. The daily line also surges higher and then retreats, and the volume continues to decline, and the MA5-MA10 moving average crosses over. The weekly line is also repeatedly under pressure at the Bollinger Track and enters a volatile downward stage.
Yesterday, the technical side of gold opened and saw the day's high of 1903. The line continued to come under pressure and fluctuated downwards. The European market further accelerated downwards and penetrated 1890 and continued to weaken. The US market accelerated downwards and penetrated the 1880 integer mark and continued to fall back to 1872. Weak closing, the daily K-line fell back and broke the bottom, and the overall price hit a new low for the year. It can be seen that the rebound was very little, and there was no chance for a rebound. The golden four-hour line continued to have a negative line downwards, and the last two days have all closed with a negative line. , directly breaks through the support level, from 1910 to 1900 and then to 1890, each support level is passed directly in one step. This is the strength of the short position, and trading with the trend is inevitable.
So for today's operation, just take advantage of the trend and go short. We will not consider long orders for the time being. If the upper limit touches near 1882, we will directly go short. The stop loss is still 7 US dollars, and the target is 1865.
Gold bugs return above 1900Gold prices enjoyed their best day in nearly three weeks on Friday, with clear bullish range expansion helping it to rally from the 200-day EMA after finding stability above 1900 on Thursday.
However, Friday's high met resistance at the 50/100-day EMAs and prices pulled back to the 200-day average. Given we have an FOMC meeting looming this week, we might find price action on the choppy side leading into the event, so intraday trades are currently preferred.
The 1-hour chart shows that high volumes accompanied Friday's rally, and diminishing volumes during its late pullback suggest the move to be corrective. The weekly pivot point sits within the prior consolidation range between 1916-1920, so any pullbacks towards it will gain our bullish interest - and we'll look for evidence of a swing low for a potential swing trade back towards 1930.
XAUUSD: Current price Buy, target 1905The gold price fell during the day, which was in line with my prediction. Unfortunately, I was not given a suitable opportunity to enter the market. There’s nothing you can do about it if you miss it, after all, it can’t be perfect!
Gold is now falling close to 1890, the lower weekly Bollinger track. Unless the market breaks directly, there is a high probability of a rebound! So we plan to play for a rebound near 1890 and enter the market directly with long orders!
The overall downward trend of gold has not changed, so long is short and it is short-term speculation! It’s nice to see a rebound, but wait until it reaches above 1900 and continue shorting! It wouldn’t be a pity if you don’t succeed. After all, it is still necessary to play at the support position of the big cycle. Just do the right thing and leave the rest to the market!
XAUUSD: Sell enters, waiting for the US market to plummetThe shorts continued to fall during the day, and judging from the market trend, the current market is running very slowly, and there are very few opportunities for operations. If this wave of shorts is missed, it is estimated that we will have to wait all afternoon. The market rhythm and direction are not something we can change. , If the mountain cannot be overcome, I will overcome it. Since the trend cannot be changed, then change our positions and methods! Therefore, short positions can continue to be short after the price rebounds slightly to around 1914, and the target is unanimously towards the 1905 line!
One-hour technical analysis shows that the pressure on the upper moving average and the trend line continue to diverge downward. The time value shows that the pressure on the US time moving average and trend line will be revised downward to around 1915. I don’t need to say more about the criticality of the point. , the trend of picking up money is fleeting, and those who are hesitant are destined to fail, and most of them will become a stepping stone for others!
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
Again, will gold go bearish? Today's H4 AnalysisHello everyone, I have some fresh updates on the gold market. The pace at which gold is currently moving is relatively quick, having already shattered two resistance levels.
If we consider an alternative scenario, the levels of 1938 and 1940 are now seen as viable resistances.
It appears that there is a considerable bearish momentum in the market. If the 1928 & 1930 support levels give way, we should brace ourselves for our final target which lies at the 1916 & 1903 marks.
please note that financial markets can be unpredictable, and it's essential to consider various factors and perform thorough analysis when making trading decisions.
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Good luck and best wishes to everyone.