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XAUUSD: 11/8 Today's Trading StrategyOn Friday (August 11), DXY fluctuated within a narrow range and is currently around 102.50. Affected by the lower-than-expected inflation data overnight, spot gold once rose to an intraday high of $1,930.19, but then turned around and accelerated below the $1,920 mark. The U.S. dollar index turned from falling to rising, and investors digested U.S. July inflation data , data showed that consumer prices rose slightly, but inflation remained well above the Fed's 2% target; U.S. consumer prices rose slightly in July, consolidating expectations that the Fed's interest rate hike cycle is coming to an end Yesterday, the price of gold fluctuated in a large range. The market opened at 1914.6 in the morning and the market rose first. In the beginning of the US market, it was affected by the fundamentals and quickly rose. The daily line reached the highest position at 1930.2 and then the market fell under pressure. After reaching the position of 1911.9, the market consolidated. After the daily line finally closed at the position of 1912, the daily line closed in the form of a shooting star with a very long upper shadow line. Although gold rebounded yesterday with the support of the CPI data, the overall bearish trend finally returned in vain, and it still hit a new low since this round in late trading. No change for now. From a technical point of view, yesterday’s daily line of gold received a Yinxian shooting star, indicating that the short position is corrected, the Bollinger Bands are wide open, the KDJ indicator is about to form a golden cross, the midline fluctuates widely, and the general trend is still upward. Looking at the 4-hour chart, the Bollinger Bands open wide, the KDJ indicator is about to form a golden cross, and the price fluctuates at a low level. On the daily chart, the price of gold fluctuated and fell. The dead cross of the 5-day and 10-day moving averages crossed the middle track of the Bollinger Bands downwards, and formed a short-term suppression on the price of gold. The middle track and the lower track of the Bollinger Bands turned downward, indicating that the short Occupy a short-term advantage and gradually open up the downside space, but the downside time of the lower track of the Bollinger Band is relatively short, which may limit the short-term downside space. In terms of indicators, the dead cross of KDJ and RSI indicators turned slightly upward, indicating that there is a short-term rebound opportunity for gold prices, but the dead cross of MACD indicator diverged and crossed the zero axis, and the short-term technical side has the upper hand. Today, the upper pressure of gold price focuses on 1922 and 1933 US dollars, and the lower support focuses on 1910 and 1900 US dollars. ​​​​Gold operation strategy: SELL: 1920-1923 TP1:1916 TP2:1910 Buy: 1903-1906 TP1:1909 TP2:1918
OANDA:XAUUSD
by ActuaryJ
Mastering Gold Trading: Precise Timing Introduction: Welcome to a groundbreaking trading opportunity that could revolutionize the way you approach gold trading. In this comprehensive analysis, we're about to delve into the world of W.D. Gann methods and advanced mathematical techniques to unveil timing pivot predictions that offer exceptional insights into the gold market's major reversals. By meticulously analyzing the 15-minute timeframe, we've decoded key patterns to help you anticipate market movements and position yourself for potentially lucrative trades. Understanding the Method: At the heart of this analysis lies the revered W.D. Gann methods, a cornerstone of technical analysis, and their symbiotic relationship with advanced mathematics. These methods, which combine price and time analysis, provide us with a unique lens through which to perceive the gold market's hidden rhythms. By scrutinizing historical price data and aligning it with mathematical principles, we've uncovered crucial pivot points that have historically indicated significant market shifts. The Power of Timing Pivot Predictions: Imagine knowing exactly when the market is poised to make a major reversal. With our timing pivot predictions, you'll gain the edge you need to plan your trades effectively. These predictions identify specific timeframes when market sentiment and price momentum are likely to undergo substantial transformations. Whether you're a seasoned trader or a newcomer, having this advantage can drastically enhance your trading strategy. How to Utilize the Predictions: Our comprehensive analysis is all about translating insights into actionable strategies. We provide clear entry and exit points for your trades, taking the guesswork out of your decision-making process. Our carefully calculated predictions highlight the moments to consider opening a position and, equally importantly, when to close it. By aligning your trades with these timing pivot predictions, you position yourself strategically to potentially maximize profits while minimizing risks. Trade Idea in Motion: Let's put theory into practice with a recent real-world example. Based on our analysis, we've identified a compelling trade ideas for the upcoming week. We anticipate major reversals to occur around within the 15-minute timeframe. This are opportunities to consider entering a long/short positions, targeting massive ROI profit margins. Our predictive analysis indicates that the reversal's momentum could extend, making this an excellent chance to ride the market wave. Risk Management and Beyond: No trading strategy is complete without robust risk management. We'll guide you through optimal stop-loss placement to safeguard your capital in case the market behaves unexpectedly. Furthermore, we'll explore potential trade extensions, helping you recognize when to stay in a position for the potential of greater rewards. Conclusion: Get ready to elevate your trading game with our precise timing pivot predictions based on W.D. Gann methods and mathematical insights. By understanding the historical patterns and aligning them with mathematical principles, we're offering you a chance to anticipate major reversals like never before. Embrace the power of informed trading decisions, guided by our carefully curated entry and exit points. As you embark on this trading journey armed with cutting-edge analysis, remember that success favors those who dare to take calculated steps into the future of trading. Disclaimer: Trading involves inherent risks, and while our analysis provides valuable insights, it doesn't guarantee success. Always exercise caution and conduct thorough research before making trading decisions.
CAPITALCOM:GOLD
by Anonymous_Analyst
Gold: Step back in place, and the current price of 1923 will go Gold stepped back on the support again, the current price is directly higher than 1924, continue to be bullish! The US market will continue to rebound! The gold down structure is complete! Now we are going to oscillate to build a bottom, and the first-line support at 1923 below is obvious! After rebounding above 1930, there will be a callback, and the fall will continue to increase. Next, it will be bullish around 1945! Enter more, the US market will continue to be more bullish, and then start a rebound structure, and it will be a level of rising band! Falling back now is an opportunity to do more! Gold is more than 1923, stop loss is 1917, and stop profit is 1940.
FX:XAUUSDLong
by Dylan-Jones
XAUUSD: 7/8 Gold Trading StrategyGold trend analysis It can also be seen on the daily line that this callback has touched the support of the Bollinger lower track on the daily line, which is an undoubted turning point of the market! Then go all out to do more this week! In 4 hours, there is still a need for adjustment at the bottom of gold, but the callback is an opportunity to go long. After the rise on Friday, the callback low was 1937, which was the previous pressure position. After breaking through, it became a support. For further resistance, refer to the position near the 21-day moving average of 1952.70 And the 1960 mark, the strong resistance is around the 100-day moving average of 1968.68. If this position can be regained, it will increase the bullish signal for the market outlook. ​​​​Gold operation strategy: SELL: 1946-1949 TP1: 1940 TP2: 1935 BUY: 1933-1936 TP1:1940 TP2:1945
OANDA:XAUUSDLong
by ActuaryJ
1
GOLD: Gold price prediction today!Based on fundamental analysis, gold price has a very high probability of going up with NFP. But according to technical analysis, gold price is still in a falling wedge, which creates an extremely unpredictable NFP, let's wait and see what surprises gold futures will give us! Looking at multiple time frames, support and resistance zones work best in the 1900-1952 range. Let's wait and see if these 2 support-resistance zones are strong enough to stop the NFP wave this time! This is important news and a lot of risk, if you want to enter the trade pay attention to the 1952 zone!
TVC:GOLDLong
by Sphyn-Trader
3
XAUUSD: 4/8 Gold Trading Strategy TodayToday's analysis: After the 4-hour chart broke low, it remained horizontally below the broken low point. Due to the approaching data, trading was cautious, and the amplitude space further shrunk. At present, the 4-hour structure is still running in a downward step for the time being, but after the space shrinkage yesterday, it will continue to the transition of the Asia-Europe market today, and the US market will combine with the data to break the deadlock. Looking at gold from the 4-hour line, all indicators have turned short, but they have not entered oversold. The support in the early stage of 1942 has been converted into strong pressure, and the price below this is trending bearish. Pay attention to 1939-1941 in the Asian-European market for the time being. If this position does not recover, it is better to maintain a high-altitude thinking in the short-term, and operate in a downward channel with step shocks. If the downward channel does not recover, the short-term trend will not change. ​​​​Gold operation strategy: Rebound to 1939-1941 short, stop loss 1946, target below 1928. Step back to 1923-1926 to go long, stop loss at 1920, and target above 1950.
OANDA:XAUUSDLong
by ActuaryJ
4
GOLD: What happens today?Daily Digest Market Movers: Gold price declines further as economic data misses estimates Gold price drops sharply after facing selling pressure around $1,970.00 as demand for gold remains weak due to higher gold prices and interest rates. Fears of more interest rate hikes from the Federal Reserve (Fed) deepen as Chicago Fed Bank President Austan Goolsbee favors further policy tightening despite easing inflationary pressures. Meanwhile, 10-year US Treasury yields remain subdued at around 4% as inflation remains in check after soft United States core Personal Consumption Expenditure (PCE) data was released on Friday.
TVC:GOLDLong
by Sphyn-Trader
4
XAUUSD: 2/8 gold operation suggestion​​​​Gold layout analysis: This morning, gold opened at the 1950 line, rose as high as 1953, and then began to fluctuate and fall. Gold bulls are currently weak. The trend has changed too much in the short term. On Monday, the shock rose slowly to the 1972 line and began to fall back. The decline continued on Tuesday, with the lowest falling to the 1941 line. The current quotation is fluctuating around the 1946 position. Further declines are expected. Be more cautious in handling. From the hourly chart, gold is still a weak shock, but it is still a bearish shock. According to the trend of the previous two days, it can be seen that the rise and fall during the shock process are all unilateral behaviors, and there is no adjustment form. Friends who haven't entered the market are best to wait and see, don't chase the rise and kill the fall, the wind direction involved is too big to operate. ​Back to the topic, gold is currently in the downward trend of shocks, and the strong support below is at 1940, and it should further attack it in the short term. Today, gold fell back around this position again, and if it does not break below, it can do more at this position again. In terms of operation, the main thing is to sell high and buy low, but this trend will test the individual's understanding of the market, otherwise it will be difficult to make a profit. Suggestions for today's operation: Around SELL1963-1966. Around BUY1941-1938.
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 31/7 Gold Trading StrategyGold analysis: trading strategy has won nine trading days in a row, and today I will bring you a new trading strategy After the Fed raised interest rates, gold returned to the 1980 mark. 1985 was the top of the previous 1940-1985 shock range, or the 50% position of the 2078-1983 Fibonacci retracement. It is expected that the Air Force will launch a counterattack here. In the end, the shorts won, and gold still rushed up and fell back to around 1940. At present, gold shows an M-top shape above 1980, and it also successfully fell below the neckline position of the 1950 mark. However, the rebound repair hit 1964 and was blocked. If this position is regarded as an irregular head and shoulders top, left and right shoulders, it can be said that it has passed, and it was hovering in the 1950-1964 range in the early stage. , Now it is blocked and fell back below 1960. From my personal point of view, it is definitely obvious that gold has peaked in the short term. Both the M-top shape and the head-and-shoulders top shape are bearish. Today's monthly line is closed, and the current monthly line is falling at a high level. If it can fall below the 1950 watershed today, then the decline will be more clear to continue. Today's gold operation strategy: SELL: 1962-1965 TP1:1957 TP2:1952 BUY:1947-1950 TP1:1955 TP2:1960 Pay attention to follow-up real-time trading signals and bring you profits
OANDA:XAUUSD
by ActuaryJ