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Goldtrend

Gold surged higher, fell back and stabilized, more than 2382Affected by the risk aversion sentiment, gold rose by more than 40 US dollars in the short term. Once the risk aversion was over, the gold price returned to its original level. The two waves of market movements were very large, and we also made a small profit during the period! From the current market point of view, gold has basically stabilized the support of the lower trend line after falling back, and from a technical point of view, after gold broke through the previous high suppression level of 2397, the upper pressure plate was released! There is no pressure on the short-term top, and bulls will continue to dominate the existing trend. We execute our long plan at 2382, and currently have long positions!
FXOPEN:XAUUSDLong
by Leo-trading-star
1
Gold has not peaked, relying on 2330 to do more!This wave of gold is the creator of history. Both the amplitude of the increase and the rhythm of consecutive new highs are unprecedented in the history of gold. At the time of writing this blog, gold has soared to around 2353. There is no top for the large unilateral rise in the market. It can be said that a small technical retracement is as high as 30 points. Last week, three technical retracements with large fluctuations were completed. In the end, the weekly line closed with a big positive line. The shape showed that there was no peak signal on the weekly line. Our big idea this week is to continue to follow the bulls, step back and continue to look for opportunities for the bulls to get on board. Gold completed a wave of about 30 points of retracement and then rose by 50 points. Such a fluctuation range is rare in history. It is difficult for small investors to grasp its rhythm. There is no market trend that cannot be understood all the time. , only engage in market trends that we can understand. Today's gold is a new small support at 2330-2326. Rely on this position to go long. The strong support is around 2303 during the day.
OANDA:XAUUSDLong
by Leo-trading-star
Gold’s five-game winning streak, short-term rebound is short!Gold won three consecutive times yesterday, 2353 was bullish and harvested. After the US CPI data, 2351 continued to be short. Gold fell again and harvested. Gold's long and short wins were two consecutive. It followed yesterday's three consecutive victories. Gold won five consecutive victories. Gold can't go up. , the short-term has peaked, and the rebound continues to be short. Gold's 30-minute moving average has begun to turn. If it forms a dead cross downward, then the room for gold to fall will be opened, and gold will fall further. Gold has already fallen below the previous low of 2338, and the rebound after the data has only reached around 2350. Gold The strength of the rebound has weakened, and gold continues to go short on highs below 2350. The market is not simply about chasing the longs when it rises, or chasing the shorts when it falls, nor is it about buying the bottom when it falls, or the top when it rises. Today we have been emphasizing that gold has peaked in the short term, but there are still many people who continue to chase the highs, and then they are trapped by the pursuit. After being trapped, they are in excruciating pain, and then they start to lose their rhythm and position. The market has its own logic behind it. The market is current, and trading is also current. Look at the pictures to speak, summarize more and observe more, and you will eventually see the light of day. Smart people always like to keep up with professional people and keep things simple.
OANDA:XAUUSDShort
by Leo-trading-star
Israel raids Rafah, risk aversion heats up and gold is ready to Israel suddenly launched an air strike on Rafah, and nearly 100,000 people began to evacuate. On the night of the 6th, the war in the Middle East escalated again. Geographical risks have been the focus of global attention in the past two years. Since the outbreak of the Ukraine-Russia war and the Palestinian-Israeli conflict, risk aversion has been ignited. This time, Israel escalated the war again. The main reason was that the negotiations between the two parties failed and their respective needs were not met. In addition, the United States supported Israel and held a veto power, making the situation more and more complicated. In addition, the United States cannot protect itself. Last year, the interest on U.S. government bonds was nearly US$900 billion, which was more than twice the average level over the past decade. Now, the average yield on U.S. bonds exceeds 4%. In the past two years, the yield on U.S. bonds has hit a 20-year high, and a large amount of money has chosen to purchase fixed-income financial products. In the first two months of this year, the U.S. Congress is expected to pay $327 billion in interest payments. In March alone, the interest on U.S. debt was nearly $90 billion, claiming to be $2 million per minute. As we all know, federal interest rates are high, and the cost of U.S. debt financing has increased. The United States originally relied on borrowing money to survive, but now even interest payments have become a problem. Every year when the fiscal deficit occurs, some creditor countries of the United States have already begun to worry or doubt whether the United States still has the ability to pay. Some people may say, wouldn't it be enough to just open up India? This idea is not only funny, but also naive. This matter must be approved by Congress. Moreover, a large amount of QE monetary easing will continue to intensify inflation. If there is too much money in the market, prices will rise too fast. The purpose of raising interest rates is because of the Federal Reserve's unlimited quantitative easing in 2020, which has led to this. Therefore, it is not simply that there is no money in hand and the money printing machine is running overnight. If it is that simple, then every country can do this. Once the balance is not good, there will be a chain reaction. Paul Volcker is an example. , the fear of lowering interest rates is a rebound in inflation. In the golden hour, yesterday's market fluctuated at a high level and fell sharply in early trading. However, the European market broke through the high point in the morning and has been trading sideways near 2320. The strong sun on the daily line also laid the foundation for the subsequent rise. However, it should be noted that this kind of rise will be confirmed by stepping back, and the following attention will be around 2315-2313. Today, you can do more in the 2322-2320 area, just defend at 2310, focus on the high point of 2330 above, and focus on the 2338-2342 area as the target.
BIST:XAUUSD1!Long
by cdfxcdfx
GOLD-analyze In terms of the geopolitical situation, an Israeli military spokesman said on May 6 that about 100,000 people were being evacuated from eastern Rafah. The Israeli military statement emphasized that the Israeli military will continue to attack Hamas in the Gaza Strip until all detained personnel are released. The geopolitical situation remains extremely unstable. No major data announcements today Looking at the trend, gold broke through the high point of non-farm payrolls yesterday, reaching a maximum of around 2232. Today we are still mainly buying. From a technical point of view, the daily line closed above the Bollinger lower track, and is temporarily suppressed below the Bollinger middle track of 2340. Therefore, it is too early to say that there will be a unilateral rise for the time being. We will wait for the daily middle track to break, and then look at the unilateral With great strength, look at 2350 above, or even higher. The same is true for the H4 cycle. Although this wave of rise is strong, Bollinger has not yet opened his mouth for the H4 cycle. Therefore, under the strong trend, long transactions still have to fall back more. The effective support below is near the moving average point of 2312. Therefore, the buying point is 2308 - Near 2010, aggressive traders can buy in 2012-2015 If it falls below 2303 today, I need to re-judge the trend of gold, so you need to set SL strictly and choose the appropriate trading point based on your own funds. What if you don't know how to trade? Join me as I analyze and provide ideas every day
FX:XAUUSDLong
by UnknownUnicorn71050047
GOLD-analyze Hamas on Sunday reiterated its demand for an end to the war in exchange for the release of hostages, while Israeli Prime Minister Netanyahu flatly rejected the demand. The prospect of a ceasefire in Gaza seems slim, and the future geopolitical situation remains the most unstable factor affecting financial markets. This week will be the least economic data release week of the year. Including Wednesday’s 10-year bond auction, Thursday’s Bank of England monetary policy decision and the U.S. Treasury’s 30-year bond auction, as well as Friday’s preliminary University of Michigan consumer confidence data, today we need to pay attention to the U.S. global supply chain in April Stress Index, Fed Barkin and Williams speak. After the repeated fluctuations last week, gold is currently in a relatively weak state. Although it is weak, it is not a unilateral decline, so we still treat it as range fluctuations. From a technical point of view, the K-line is suppressed below the 5D and 10D moving averages. Therefore, overall, it is currently weak. However, it should be noted that the support point 2280, which was concentrated last week, has not broken. The non-agricultural data is good for gold. , but it rose first and then fell, with the lowest at 2276. It also rebounded and did not form a unilateral trend. Therefore, for this week’s market, 2276-2280 is the key point for the strength and weakness of the trend. 2320 above is the resistance point of the moving average, and it is also the highest point of the rise after the release of non-agricultural data, so today we need to pay attention to whether 2320 can break through. If it breaks above, there is still room for growth, because we still treat it as range fluctuations in the short term, so we reach the resistance point. You can choose to sell, but use smaller lots Today we are mainly buying, so I have given important support points below. You can wait for the support points to buy. Aggressive traders can buy near 2300. You need to strictly set SL. The market changes quickly, so pay attention in real time. It is very important to modify the strategy according to the market conditions What if you don't know how to trade? Join me as I analyze and provide ideas every day
FX:XAUUSD
by UnknownUnicorn71050047
💡 GOLD: Narrow the marginThe price retested the 2280 resistance level again in the last session but could not break this resistance level. The price is currently being compressed at the end of the triangle pattern. Please pay close attention to the next price behavior. . We temporarily divide into two cases: Firstly, if the price breaks below 2280, the price may follow the previously formed double top reversal pattern, towards the 2200 mark, at which point you can consider adding short positions outside of existing sell order; Second, if the price breaks above the triangle pattern, which confirms the possibility of returning to the uptrend, we need to close existing short positions, paying attention to the 2360 level, buyers can return to the market. market if this resistance level is broken.
TVC:GOLD
by Stone_Haven
Gold price quickly returned to the 2333x areaIn a latest interview with Kitco, strategist George Milling-Stanley stated that, despite the fact that gold is in a consolidation phase, the valuable metallic will probable quit the 12 months at a high. Although the Fed`s economic coverage has created a few short-time period promoting pressure, Milling-Stanley expects hobby costs and bond yields to stay secondary elements using valuable metals charge action. Meanwhile, more potent assisting elements for gold are significant financial institution call for and ongoing geopolitical instability. Looking on the technical chart, marketplace analyst Christopher Lewis of FX Empire additionally stated that the uptrend of gold continues to be there. Gold's present day barrier is 2,360 USD/ounce. If this threshold is broken, this valuable metallic will fast attain 2,four hundred USD/ounce.
TVC:GOLDLong
by TheLeader_WOLF
Entry to sell Gold today, risk of big decreaseAnalysts said that although gold recorded its second consecutive week of decline after a 5-week recovery streak, in general, investor sentiment still remains optimistic about the precious metal. According to analysts' opinions, the US Federal Reserve (Fed) is clearly expressing its view that it will no longer be tough in monetary policy from now until the end of 2024. Specifically, in a recent press conference Recently, Fed Chairman Jerome Powell made it clear that the US Central Bank has no intention of raising interest rates. In addition to monetary policy factors, experts also believe that the demand to buy gold from central banks is also one of the decisive factors pushing gold prices to a new record high. World Gold Council (WGC) global research director Juan Carlos Artigas said that gold has proven to be the most diverse financial instrument, which is why central banks continue to hold gold.
TVC:GOLDShort
by FalCol_TradingMaster
There is a risk of decline, entry sell Gold todayWorld gold prices increased with spot gold increasing by 20.3 USD to 2,323 USD/ounce. Gold futures last traded at 2,332.8 USD/ounce, up 24.2 USD compared to yesterday morning. The gold market entered the new trading week with solid gains, boosted by the weakening of the USD. The US Dollar Index fell to its lowest level in about a month as a recently released report showed that the US job market is weakening, which has increased expectations that the US Federal Reserve (Fed) will interest rate cuts this year. ActivTrades senior analyst Ricardo Evangelista said that the number of jobs created last month was much less than experts forecast, combined with slowing wage growth, which will cause the Fed to consider easing. monetary policy this year. According to the FedWatch tool, after the report, the market increased the likelihood that the Fed will conduct the first interest rate cut in September to 71%. Evangelista said that investors will wait for statements from some Fed officials this week to get more clues about the monetary policy trajectory of the US Central Bank. This expert also said that tensions in the Middle East will be a factor supporting gold this week.
OANDA:XAUUSDShort
by FalCol_TradingMaster
XAUUSD: 6/5 Today’s Analysis and StrategyDuring the Asian session on Monday, gold fluctuated within a narrow range around 2313. Gold fell to a one-month low on Friday despite weaker-than-expected U.S. jobs data, extending a correction that followed last month's surge as investors took profits and geopolitical risks eased. Although the employment data reinforced expectations that the Federal Reserve will start cutting interest rates this year, which should support non-yielding gold, it has instead prompted investors to move to riskier assets. Driven by the outbreak of tensions in the Middle East and strong central bank buying, gold prices hit a record high of $2,431 in April. Since then, the safe-haven gold has fallen 5.7%, or about $140. Investors will pay close attention to speeches from Federal Reserve officials this week, as well as the preliminary University of Michigan consumer confidence index for May to be released on Friday. In addition to speeches by Fed officials and U.S. economic data, investors will continue to pay close attention to developments in the Middle East. If tensions escalate, the resulting safe-haven buying will provide support for gold prices. Gold Friday's NFP reached the expected value and was significantly bullish. The volatility adjustment range was large, and roller coaster market trends occurred frequently. The daily line closes the negative cross line with a long lower shadow, the price maintains running below the MA10 daily moving average of 2314, the Bollinger Bands middle track is adjusted below, and the RSI indicator is adjusted on the central axis. The short-period four-hour moving average has not increased in volume or opened, the Bollinger Bands have shrunk, and the price has adjusted below the mid-track. The technical side of gold fluctuates and bears a bearish trend, the adjustment range gradually widens, and the long-short wide trend shows high-frequency conversions. The trading range adjustment is large! Asian market analysis 1H resistance is 2320, support below is 2293 4H resistance is 2326, support below is 2293 Daily resistance is 2326, support below is 2283/2267 Asian market strategy: BUY:2280~2283 SL:2272 SELL:2317~2320 SL:2325 Asian market strategy NY time is invalid NY Time Strategy Pre-Opening Update
OANDA:XAUUSDShort
by ActuaryJ
Gold price increased unexpectedly !! MONDAY ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) loses momentum at $2,295 early Monday. Investors are eyeing Fedspeaks this week and the US Michigan Consumer Sentiment Index for May on Friday. The US Dollar Index (DXY), a gauge of USD value against trade partner currencies, rises to 105.12, recovering from nearly one-month lows. ⭐️ Personal comments NOVA: Monday trading session saw Gold prices increase slightly, still in the disputed price range, selling pressure still prevailed more. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2277 - $2275 SL $2270 TP1: $2285 TP2: $2292 TP3: $2300 🔥SELL GOLD zone: $2325 - $2323 SL $2330 TP1: $2318 TP2: $2310 TP3: $2300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
4
XAUUSD Shorts from 2340 down towards 2300My analysis for gold this week aims to sustain the short-term bearish trend it has initiated. I have identified two promising supply zones away from liquidity that could potentially provide favorable setups. If price retraces initially, I will consider buying from my 4-hour demand zone up to the supply, ensuring I capitalize on available opportunities. I'll wait for price to slow down and develop a Wyckoff distribution within the 1-hour supply zone. However, there's a possibility of price surging beyond it due to the existing imbalances above. This is because the supply zone I've identified at the extreme top is the most optimal. Additionally, there's still significant liquidity to the downside that must be addressed. Confluences for GOLD sells are as follows: - Price has caused a major shift in trend as well as a BOS to confirm this downside move. - Lots of liquidity left to get taken to the downside like Asia lows and trendlines etc. - Very clean supply away from liquidity on the 1-hourly as well as the 8-hourly - If price is still wanting to go up these are still key levels for retracements. - Gold has been very bullish and buyers are getting exhausted. - Price has also taken ATH's which is a major liquidity point for price to make a reversal. P.S. Given the ongoing war, gold tends to maintain its stability and continues to rise, being a robust commodity that doesn't always correlate with the dollar index. At present, I'm awaiting the activation of my points of interest (POIs) to initiate my strategy.
OANDA:XAUUSDShort
by Hassan_fx
Gold Monday Trading Strategy #XAUUSD Gold hit 2291 today and then rose to 2324. Combined with last week's trend and various data. I think gold is still very volatile. Combined with upper and lower price resistance levels. First trade in the 2280-2330 range I think if gold price pulls back. A few prices at which you can buy are: 2300-2204/2291-93/2278-2282 If prices continue to rise. Trading areas where selling can be attempted are: 2326-2329/2336-2339/2345-2347 Choose an appropriate trading range based on specific real-time prices I wish you all good luck with your trading. Trading trends change rapidly, and onlyreal-time analysis is the most accurate. The trading areas I gave you are very safe trading areas. Hope it can help everyone make money
FX:XAUUSD
by Analyst_Gold
How does the gold price work in the London market? Must see In fact, it is not difficult to see from the above chart that the market is undergoing an inverted triangle arrangement. The current high point above is above 2312. The upper trend pressure position has been touched. Combined with the current ebb of news. The probability of gold falling under pressure is relatively high. At the same time, the U.S. dollar is also showing signs of an oversold rebound. This is closely related to the impact of last week's non-agricultural data release. Operationally, I mainly sell gold at high prices. The target position below can be set below 2290. Of course, if the profit reaches your expectation, you can close the order at any time. Keep profits stable in your account balance.
TVC:GOLDShort
by AA_Jack
Gold is on a downward trend, short around 2313 Gold tested the downward trend line several times, but to no avail, and went short near 2313. At present, the K line is still unable to rise. Even if non-farm payrolls are good for gold, the price of gold cannot stabilize at 2320 and still cannot break through the downward trend line. This time it continues to be bearish. Gold is clearly showing a downward trend line, and its rebound highs continue to move lower. Every time the K line touches the trend line, it will be under heavy pressure. Obviously, there is strong resistance at this position, and the mouth of the Bollinger Band is in a parallel state, forming natural support and resistance. It is currently touching the upper track of the Bollinger Band, which means it has encountered resistance, so it is short position near 2313. Trading strategy: short gold 2313, stop loss 2320, target 2290
FXOPEN:XAUUSDShort
by cdfxcdfx
Current Gold trading trend,sell first and wait for the buy priceLast week, the world gold price in the first session of the week traded at 2,335 USD/ounce. In the following sessions, gold prices could not maintain the mark above 2,340 USD and began to decline, reaching the lowest level of the week below 2,283 USD. World gold price increased again above 2,325 USD/ounce after the Federal Reserve (Fed) announced information on the roadmap to adjust interest rates. However, gold prices could not maintain their upward momentum and weakened at the end of the week. Gold price on Kitco closed the trading week at 2,301 USD/ounce. June gold futures price closed at 2,309.70 USD/ounce, down about 1% compared to last Friday. Kitco News's latest weekly gold survey shows that experts are less positive about gold's prospects in the short term. Most retail traders believe that gold prices will decrease or move sideways. According to a Wall Street survey, 40% believe that gold prices will continue to move sideways, 33% predict a decrease. This week, the market is interested in notable economic information such as the US 10-year bond auction, preliminary consumer sentiment report from the University of Michigan,...
TVC:GOLDLong
by FalCol_TradingMaster