Goldtradingsetup
XAUUSD: 23/8 Trading Strategy TodayDuring the Asian session on Wednesday, spot gold rebounded slightly, currently around 1903, although Fed officials were open to the possibility of "re-acceleration of the economy" yesterday, which helped the dollar index to refresh its high in nearly two months, making gold bulls scruples. But gains in U.S. Treasury yields were capped, and gold remained supported by bargain hunting.
Judging from the trend of gold yesterday, the overall tendency is to fluctuate back and forth, but the direction is a bit of a short-term bottoming. Yesterday morning, the market started to rebound after accelerating to bottom out. After breaking the previous high, it also tested the lower low support again, but it was still difficult to continue to break below, and then rebounded again. Judging from yesterday's continuous testing of low support, it is obvious that the current short-term bottoming is obvious, and yesterday's daily line also received a cross K negative column again, but there was no new low, so from the perspective of the moving average pattern , the daily MA10 pressure is temporarily at the 1901-1904 mark. In the short-term market outlook, as long as it breaks through again and stands firm, then the overall operation is expected to start to focus on bargain hunting.
Gold still failed to break through the downward trend line in 4 hours. Although the rebound seemed ferocious, it was actually just an illusion. It quickly rose and fell back. There was a lot of resistance above, and there was not enough bull power to support gold's reversal. The downward movement of the 4-hour chart has paused slightly. Due to the previous continuous weakness, it did not weaken and increase the volume at the bottom. Instead, the downward movement slowed down and then consolidated horizontally. There was still a slight rebound yesterday. At least the current K-line pattern is not weak, even if it is falling. It is very easy to have a reverse K line for correction. Bollinger Road began to close, and now it has crossed the middle rail and is shrinking. Temporarily in a sideways shock.
On the whole, in terms of the short-term operation of gold today, Jiesse suggests that rebounding should be mainly long, and high positions should be supplemented by short selling. We continue to increase the price of opening a short position a little bit. At the top, focus on the 1904-1908 position. If we quickly break through the 1906 position, we will not rush into the market to short, wait for the rebound to correct and look for opportunities to short, and continue to focus on the 1890 position below.
Gold operation strategy:
BUY: 1892-1894
SL:1888
TP1:1899
TP2:1903
SELL:1904-1906
SL:1910
TP1:1900
TP2:1896
GOLD: Short-term gold price range!Gold Price stays well beyond the short-term key support of around $1,897 comprising the Fibonacci 38.2% on one-week.
Also putting a strong floor under the XAU/USD price is the convergence of the 5-DMA and previous monthly low, around $1,905.
It’s worth noting that, Fibonacci 161.8% on one-day and 61.8% on one-week joins Pivot Point one-day S2 to add strength to the $1,905 support.
Gold: Start to pull up the US market and continue to be bullish!
1915 The current price is long and bullish! Although the Asian-European trading market is relatively dark, it is still profitable now! The rally remains unchanged, and the US market continues to be bullish!
Gold has now clearly turned into a bullish upward trend. In the short term, it maintains a shock above 1910. In fact, it is gaining momentum for another rise, and the operation continues to be low and bullish! Next, gold will continue to rise, and the next pressure position is the 1930 position!
Relying on 1910, the U.S. market continues to be low and bullish. Recently, the market has mostly occurred in the U.S. market, and it is more direct! Wait for the explosion!
Gold is more than 1915, stop loss is 1907, and the target is 1930.
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: 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.
Gold: shock today, continue to be bullish to 1920
Yesterday, gold did not stand firm at 1900, but another shock, first falling and then rising, but we took profit, but it continued to increase at 1900, and continued to be bullish. At present, the main logic has not changed. If it does not break through 1900, it will not buy, and there will be many shadows in the short cycle Line support, the decline in gold prices is obviously limited, while silver rises first, gold is expected to follow closely, and continue to be bullish on gold. It can be more directly around 1885-1900, and the profit stop zone is at 1995. Pay attention to controlling risks.
Will the gold bulls exert their strength?Gold layout analysis: The gold welfare strategy deployed on Tuesday wins both long and short positions. At present, from the perspective of gold trend, it is at the key point of long-short conversion. Since it fell to the 1884 line and established the bottom position, gold has been fluctuating between long and short. Today the highest hit the 1905 line. Judging from the overall trend, the bulls may have to exert their strength. Judging from the current trend, there is still a lot of room for growth above. Looking at the intraday trend, from the opening to the current position, it has been oscillating and rising above 1900, which also shows that today's market trend is very critical. If you can effectively stand above the 1905 line, you can directly look at the upper 1912 position. However, it is still necessary to xi, Australia and New Zealand to soar high and fall back. Today's operation is still based on high altitude.
Back to the topic, the gap below 1870 in gold has not been covered, and the Federal Reserve spoke this Thursday night. If it continues to raise interest rates, it is bound to go down again, so the overall trend is still dominated by shorting.
Today, let’s first look at the 1905-1907 line above, and reach this range to find a high point and enter the market to sell short
SELL: 1905~1907, SL: 1912, TP: 1897
Europe and the United States fell below the 1895-1893 line, you can participate in long
BUY: 1895~1893, SL: 1888, TP: 1905
Gold: 1890 is more supported today!
The decline of gold is over, and the bottoming or rebound trend is starting! Today started to be more bullish, relying on the support of 1885, stepping back to more low, more around 1890!
Looking at the hourly chart, gold has fluctuated all the way down before, and is suppressed by the moving average. Every time it touches the moving average, it will break a new low! However, the market has been supported by 1885 in the last two days, not only did not continue to break new lows, but also broke through the suppression of the short-term moving average! The market has changed!
Today's gold starts to be low and bullish. The first pressure above is to focus on the 1900 mark, which is also the pressure position where the rebound encounters resistance. The second target is the long-term moving average 1905 pressure! Whether it is a rebound or a bottom shock, pay attention to whether 1905 breaks through!
XAUUSD I GOLD negative bearish trendWelcome back! Let me know your thoughts in the comments!
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Today's gold forecast is 1882~1897, sell high and buy lowOn Monday, the Asian market fluctuated greatly. From the perspective of the gold trend structure, the intraday is weak and volatile. It basically runs above 1885. It broke through the 1885 line in the morning and quickly rebounded to the 1894 line to fall back and fluctuate. Judging from this trend, the upward momentum of bulls is still not good, and the overall trend is more biased towards bears. At present, there is still a large downside space below, and the 1870 gap has not been filled, so we still have to be biased in terms of operations. Long orders can only enter the market by grasping the rebound. Now that gold has been in a downward trend for two consecutive weeks, if you want to reverse the bulls, you need the help of the data. Otherwise, bears will continue to suppress bulls. It is very simple to say so much, whether you are long or short, you should change your thinking when it is time to change your thinking, and don't be confused by superficial phenomena, so that you can see clearly the changes in the overall situation.
Back to the topic, gold continues to operate weakly. Although the market has given the bulls a rebound in the morning, it is still difficult for the bulls to gain a firm foothold under the overall bearish trend. Therefore, the operation idea is still based on shorting.
Today, let's look at the top 1897-1900, and rise to this range to find a high point and enter the market to open short.
SELL1897~1900
SL1905
TP1885
European and American markets fell below 1882-1878, you can participate in long positions
BUY1882~1878
SL1875
TP1890
Gold: Strategies are bullish today
Gold runs within a narrow range, the same rhythm as before, the Asian and European markets adjusted, and the US market fell to a new low! In the early trading, it has been suggested that the pressure of 1896 is empty, and those who have entered the market continue to hold the empty order. The current price of 1892 that has not entered the market continues to be empty, and 1887 continues to rise a few points
The trend is down, and the ladder is going down continuously, expanding the space below! After the shock, there will be another new low, and the gap below 1870 may be the position where the market stops falling! Before this position is touched or a strong rebound breaks through the current downtrend suppression line, continue to be bearish to the end!
1887 The current price continues to rise, enter when the bullish point is reached
1892 The current price continues to be empty, bearish! Continue to look at new lows!
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: 16/8 Gold Trading StrategyDXY was flat on Wednesday (August 16) after data showed that U.S. retail sales rose more than expected in July; gold prices stabilized, boosted by a retreat in the U.S. dollar, although the Fed may remain on hold for longer after strong U.S. data was released. Expectations of higher interest rates kept gold prices near six-week lows. Gold reached a new low of 1896 yesterday. The oscillating movement of one step at a time seems to be weak, but it has not yet penetrated the low of 1893. A blunt shock fell, accompanied by a low rebound, and the daily line still harvested a small Yin K line. Since the daily chart was under pressure from the high point of 1987, there has been a wave of unilateral weak declines, directly giving up room for rebound. As it approaches the thousand-track mark and the low point of 1893, the short-term began to enter into repeated see-saw. It seems to be weak, but the strength of unilateral breakout is lacking, one low point and one reverse draw, whether it is brewing breakout or a steady recovery remains to be confirmed.
The 4-hour chart is weak and downcast with a rebound correction. The low level was still recovered in the late trading yesterday. The short-term quickly reversed the pressure on the middle rail 1911 line and then retreated to the 1900 mark. Repeatedly testing around the low point. It needs to be further confirmed in combination with the form whether it is poised to break down during the consolidation or to start a steady recovery. At present, it is repeatedly approaching the low point, but it lacks a certain strength to break the position. The short-term changes in the tug-of-war. From the perspective of the downward trend of the small-cycle step, as long as the short-term does not regain 1916, the short-term bearish thinking will be maintained for the time being.
Gold operation strategy:
SELL: 1912-1916
TP1:1908
TP2:1902
BUY:1898-1902
TP1:1906
TP2:1910
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.
GOLD ( XAUUSD ) Long Term Selling Trading IdeaHello Traders
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GOLD: Gold price assessment after FOMC!Despite the recent increase, the price of Gold continues to be influenced by bearish technical indicators. There is a strong downward trend, with the immediate support level being at 1,890 - the lowest in five months. If this level is broken, there is further support at 1,886 which was last seen on March 15th. Should prices decline even further, they will likely test levels below the static support of 1,870.
Gold price is coming up for some air after the relentless three-day decline, fuelled by a broadly firmer US Dollar amid an increased flight to safety and economic resilience showcased by the recent US economic statistics.
Friday's Gold Trading PlanGold layout analysis: The layout of the gold 1927-29 position is empty on Thursday, and the friends who keep up with it will naturally get a profit. Yesterday's bullish CPI data failed to bring the gold bulls back on track, which is indeed a bit of a surprise. There are not a few people who chase after the extreme market, and they are basically swept out by the market in the end. Looking at the opening position of 1911 today, the current quotation is fluctuating around 1914, the high point keeps moving down, and the bottom keeps breaking low. Under this trend, it is only a matter of time before the 1910 low point is broken today. After yesterday's data was released, the market instantly rose to the 1930 line, then fell back and launched an attack again. After falling all the way to the 1910 position, it rebounded to the 1914 position and oscillated. In the state of weak and continuous output, if the gold bulls want to regain the initiative, they must stand above the 1930 position again to stabilize. Therefore, the main operation is bearish, and I will remind everyone if there is a chance to operate long orders. Friends, pay attention.
The market volatility in the Asian market on Friday is not large, and the recent trend is weird, so we need to be more cautious in controlling the entry position. In today's operation, let's first look at the short callback.
Let's first look at the breaking situation at the position of 1921 above. If it does not break, you can participate in short selling.
SELL1919~1921, SL1927, TP1910
If the European and American markets fall below the 1905-1903 position, you can participate in long positions
BUY1905~1903, SL1897, TP1915
Gold: waiting for a rebound
Gold has been falling below the support of 1901. Dukang still maintains a bullish thinking from low to high, and continues to hold more than 1895 orders, waiting for the US market to rise!
At present, the decline in gold is over, and the daily line has fallen to the support position of the 200-day moving average. The support of the large cycle moving average is likely to be the turning point of the market! And the short-term decline fell below the 1900 position in the past two days!
If you don't break, you can't stand, break the position and reverse! Before the price of gold falls below, we maintain the view of bottoming out and rebounding unchanged! Recently, the market is mainly concentrated in the US market, and there are many, relying on support and direct support! Bounce some in 1895
Strategy 1985 into long, 1992 to take profit or enter into decline
XAUUSD: 14/8 Trading Strategy of the DayToday's Asian market opened at $1913.27 in early trading, with a high of $1915.09 and a low of $1910.03. The minutes of the Federal Reserve FOMC meeting will be the focus of this week. The market is expected to be inclined to pause interest rate hikes in September and November. The dovish stance will put pressure on the dollar to break through the 103 mark. Gold fell to $1913.
The lowest point in early trading was at 1910, and gold continued to fall on the weekly trend. Currently, it maintains a trend of weak shocks, and the price is already close to the previous support zone. Whether there will be room for rebound repair at present. On the daily line, the K line is basically suppressed by the short-term moving average, and continues to show a strong downward trend of shocks. Judging from the daily line, it seems that there is not much room for a rebound, and it is more inclined to continue downward. From the four-hour chart of gold, the moving average is still running below the price, and the two moving averages have a clear downward trend of dead cross, while the K line is below the dead cross throughout the whole process, and is under continuous suppression. Although there is a short-term rebound, the big Yinxian can quickly swallow up the strength of the rebound. After opening in early trading, the downward trend of the negative line seems to continue.
In the 4-hour chart, the shape of gold presents a flat line, showing the characteristics of a bearish side. Despite multiple lows, the failure to break out also hints at the bearish influence. From an indicator point of view, the continuous bottom divergence of the stochastic indicator shows a gradual change in market sentiment, which may lead to an important turning point in the future. At the same time, the MACD indicator also shows signs of passivation bottom divergence, and there is no obvious rebound trend at present. The upper initial resistance is around 1920.88 on the 5-day moving average, and the resistance on the 10-day moving average is around 1932.49. For initial support, refer to the position near the lower rail of the Bollinger Line at 1907.02. For strong support, refer to the 1900 mark. The monthly low was 1892.86.
The upper part focuses on the first-line resistance of 1923-1928, and the lower part focuses on the first-line support of 1900-1893. If the 1910 position is broken today, we will continue to look down around 1900, and if we break the 1900 position, we should not continue to be long on gold.
Gold operation strategy:
SELL:1918-1921
TP1:1915
TP2:1910
BUY:1903-1906
TP1:1910
TP2:1916
Gold: The current price of falling points is more!
Gold once again broke new lows, but the decline shows signs of exhaustion, which means that this decline has come to an end for the time being, and the market will start a wave of rebound. The current price of 1911 in early trading is directly higher, and the rebound will rise first!
From the perspective of the trend of gold, the daily line has fallen to the previous low, which is also close to the support position of the 200-day moving average, and the weekly line has fallen back to the lower track of Bollinger! The greater the support position of the large cycle, the greater the possibility of an inflection point!
On the hourly chart, although gold fell again yesterday, the macd deviated and the decline failed. Today's market has a rebound demand, and the pressure above is 1925! Look at the rebound first, and then decide whether to short according to the trend after touching the pressure!
Gold is more than 1914, stop loss is 1907, and stop profit is 1925.