GOLD - where is today top ? whats next?#GOLD... first of all congratulations to all followers, market very well hold your area 2377 and bounced back as WE DISCUSSED IN OUR VIDEO ANALYSIS,
so now market just above his resistance area and if market hold it then further bounce on table,
keep close it and don't short until market trade below his resistance.
good luck
trade wisely
Goldtrend
Yesterday, two long orders made big profits. Today?Yesterday's article prompted two gold long orders. The long orders entered the market all made huge profits, and the final gold price reached 2,400.
The bottom of the golden four-hour line is supported by the big positive line, and the K line is difficult to move downward. The K line strongly reverses the moving average and pulls it upward, and the inclination of the moving average intensifies. The K line stabilizes the moving average throughout the whole process, and the lows are constantly moving upward. From 2323 to 2355 and then to 2375, the slope is obviously upward.
Trading strategy: Gold is long near 2375, stop loss is 2366, target is 2404
The above is purely personal investment sharing and does not constitute an actual entry point. You are responsible for your profits and losses.
Gold bulls are making perfect profits again!Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable profits!
Today, gold has retreated to the 2365-2360 area many times. When the gold adjustment is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the candle chart continues to rise along the moving average, all the way up! The current highest level is near 2398. Of course, this is not the end. I think we will definitely meet again at 2400!
For trading, I will still maintain the rhythm of falling back and doing long, and focus on the short-term support area of 2380-2375 below. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Gold bulls are too strong, can we go long?Gold once reached the 2325 line, but then the big positive line directly pulled up 70 US dollars to around 2395. This is obviously a strong performance of the bulls.
The four-hour line is also obviously stepping on the moving average and soaring directly. The K line just falls back to the position of the moving average, and then takes off directly relying on the moving average. The low point keeps moving up, and the slope is obviously upward.
Trading strategy: Gold 2378 long, stop loss 2370, target 2404
Gold continues to be short in the short term
Some things we think will continue tomorrow; some people we think we will meet again after separation. We believe that yesterday, today and tomorrow should be no different. However, just once, when we inadvertently let go or turn around, some people and some things will stay with us forever! Therefore, grasping the moment is the most real thing!
In terms of gold, the U.S. market bottomed out again yesterday, and the hourly line basically closed at the negative line of around $30. The daily line also hit its highest level near 92 in the morning, with an increase of nearly $70. It can be seen how shocking the recent fluctuations in gold have been. As the gold base becomes larger, we also need to adapt to the fluctuations of gold in a timely manner. Then we can reduce the position appropriately and increase the stop loss to deal with it. Yesterday's sharp rise is a strong signal for bulls, and is this bull's rise a continuation of the previous strength? Or did the short sellers start a new round of correction in the later period after this wash? As far as the current technical indicators are concerned, it is still a bullish signal. At present, after the gold correction in early trading, the European market has begun to fall back to around 68, while the 5-day and 10-day lines below have basically maintained around 60 and 40, because the European market has begun to pull back strongly, and it is still after the pullback before the US market. Need to go short. If there is a counter-draw before the US market, go short around 79-80, with a target around 50-30. A loss of 88.5.
Gold is short around 79-80, with a target around 50-30, and a loss of 88.5.
Gold on 15min Hi folks, I would like to share my opinion on GOLD.
In my analysis , I believe that the critical level to watch is the grey zone around 2340$ .after reaching this liquidity level ,the price has shown signals and formed FVG, indicating potential upward movement and the possibility of reaching buystops.
XAUUSD:15/4 Today’s Analysis and StrategyDaily resistance is 2374, support below is 2326-2320
Four-hour resistance is 2374, support below is 2326-2320
Gold operation advice: Last Friday, relying on the 2370 mark, the unilateral rise and breakout trend started, and then further accelerated to reach the 2390 mark. The U.S. market ushered in an accelerated surge to break through the 2400 point integer mark, and fell back under pressure near 2432 and moved quickly. fell, and started a unilateral downward trend, breaking through the bottom of 2370 and reaching around 2333. The overall price accelerated above 2400 and then quickly fell back under pressure, and the price closed below the morning rising point of 2370 to welcome a deep adjustment. From this wave of bullish upwards From the perspective of the time cycle, the current market expectations for bulls have basically been completely released. In the short term, focus on the long and short watershed below the daily line of 2320. Standing firm at 2320 is still the bull trend.
From the daily analysis, the 2320 position will be the watershed between the daily long and short strength. Above it is the 2374 pressure level. During the day, rely on this range to sell high and buy low, and wait patiently for key points to enter the market. Once 2320 breaks, the short trend will begin. !
BUY:near 2320
SELL:near 2374
Gold is still in an Uptrend - waiting for a DOWN rhythm⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold began the week on a positive note, rising in early trading. This increase was primarily driven by the escalating conflict between Iran and Israel over the weekend. Concerned investors sought refuge in gold, a traditional safe haven, as they prepared for the new week after Iran's drones attacked Israel on Saturday evening.
The price of gold continues to be supported by market fears that Iran's unprecedented strike on Israel could lead to retaliatory actions. However, there is some comfort for the markets as the UK, France, and Egypt have condemned Iran's actions, and Saudi Arabia has called for restraint. This has helped to improve risk sentiment, creating a more favorable atmosphere in early Asian trading.
⭐️ Personal comments NOVA:
Still within the two upward trend lines - buying volume is decreasing. Wait for a downward adjustment
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2329 - $2327 SL $2322 scalping
TP1: $2335
TP2: $2340
TP3: $2350
🔥BUY GOLD zone: $2305 - $2303 SL $2297
TP1: $2312
TP2: $2325
TP3: $2335
🔥SELL GOLD zone: $2381 - $2383 SL $2388
TP1: $2370
TP2: $2360
TP3: $2350
⭐️ 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
Short gold in the 2350-2355 area, target: 2342-2338Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, the bears have finally gained the upper hand. The current lowest price of gold has been around 2324. Of course, our short gold order near 2360 also successfully hit TP: 2349. We thus reaped considerable profits.
At present, gold maintains a volatile and weak situation. In the short term, I still maintain a weak view of gold, and gold is likely to fall into a continued retracement, and the target below is the 2320-2310 area. But if the short position is established, gold will also see a certain rebound after the breakthrough, and the technical level below will also give the bulls some support. Then after gold rebounds, it will once again give us the opportunity to short gold.
So in terms of trading, we can now first consider shorting gold in the 2352-2355 area, with the target looking at the 2340-2338 area. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
XAUUSD: Gold peaked in the short term, waiting for rebound SellGold has peaked in the short term and is waiting to rebound to Sell near 2358.
There is still a lot of room for gold to fall. Driven by risk aversion last Friday, it did not rise as unstoppably as before. Instead, it surged higher and then fell. This has indicated that the gold bulls have ended and the short-term is controlled by the short-term, so If it rebounds to around 2358 today, you can sell.
The market is changing rapidly and is confusing. Sometimes we cannot be fooled by the illusion in front of us. Only by not being afraid of the clouds blocking our eyes can we see clearly behind the market.
GOLD BEST 2158$ LEVEL SHORT NOW ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
Gold plummeted on Friday, how will it trend early next week?Emergency situations
As Iran launches a large number of missiles and drones towards Israel, risk aversion has increased, and gold will jump $50 higher at the opening tomorrow.
1. Federal Reserve-Goolsby: If the PCE expands again, the Fed will stabilize prices. Schmid: There is reason to think that interest rates will remain high for a long time. Bostic: The outlook for 2024 is one rate cut before the end of the year, and I am in no rush to cut rates. Daly: There is no urgency to cut interest rates.
2. Israel is preparing to respond to a potential direct attack from Iran within a few days, and an attack is expected to occur within 48 hours at the earliest.
3. The U.S. PPI data was slightly lower than market expectations, and expectations of an interest rate cut by the Federal Reserve within the year have been boosted.
4. Federal Reserve meeting minutes: At the Federal Reserve’s March meeting, almost all participants believed that it would be appropriate to shift to a less restrictive policy stance at some point this year.
Gold Bulls Get Ready, Prepare to Soar
Trading strategy: long gold position near 2330, stop loss 2320, target 2400
The above is purely personal investment sharing and does not constitute an actual entry point. You are responsible for your profits and losses.
Gold opens higher, does not chase the rise, is still expected to
The crisis situation in the Middle East attracted global attention over the weekend. Although it seems to be in danger, it is actually on the verge of danger. All parties are working hard to turn the crisis around, and the impact on the market seems limited.
After Iran launched a large-scale attack, it quickly announced the end of the operation, and Israel subsequently issued a tough verbal response. The market then looked forward to how the "Eagle" would express its stance. The result was no support for Israel's counterattack and market jitters were eased.
The golden weekly line records a positive column with a long upper shadow line, which is a "shooting star". This is a common top signal. At present, the price remains above the moving average of each cycle, and the cycle indicators continue to maintain an upward trend. , initially deviated from the development of the K line. From a weekly perspective alone, gold still has demand and room to fall.
On the daily line, a negative column with a long upper shadow was recorded last Friday. The physical part broke through the support of the five-day moving average. Prices ended lower. All cycle indicators maintain an upward trend, but the momentum has slowed down. The red energy column of short-term indicators shrinks. Once a dead cross is formed and trading volume increases, the trend will continue to fall in the short term.
The higher open this morning was a result of the geopolitical situation over the weekend. Be sure to pay attention to the subsequent evolution of the situation at the beginning of the week, because it will have a greater impact on the market than technical guidance.
We now give our expectations mainly based on technical adjustments. As of this morning, the price of gold hit a maximum of $2,372 and a minimum of $2,346, an increase of about $26, which was in response to and digestion of the weekend's geopolitical events.
I continue to retain the expectation given at the weekend that there is limited room for gold to rise again in the short term, and I do not rule out the possibility of continued downward adjustment.
Major resistance at the day’s top is seen at $2,372 (this morning’s high), with further extension resistance near $2,380. Short-term bottom support is seen at $2,346 (this morning’s low). Further support lies at $2,333, below which the support will be extended. Support is located in the $2320-2318 area.
The current expected upper and lower space is a bit wide, because the volatility has intensified recently due to various factors, so the expected space has also widened accordingly. However, I want to be clear today that we will not be increasing our purchases in the short term. Trading remains high as we expect the phased adjustment to not be fully over yet.
Special reminder: The above are all expectations if the geopolitical crisis does not break out or worsen. If emergencies occur again and trigger the precious metals market, we will make timely adjustments and follow up.
If you agree with my analysis, please tell me
Gold made a perfect profit today, continue with the strategic la
There must be some hobby, just like the love of time for plants and trees.
I didn’t feel deeply about it before. As my trading time and age increase, I find this statement more and more wonderful!
This kind of hobby is like finding a place for the soul to live.
Especially every time I focus on the market and make a settlement, every time it runs as expected, it is like eating candy in life. I think this is my meaning, and my soul will eventually have something to rely on.
In terms of gold, in early trading we directly prompted 2370-2 to be short. And after profit reduction, you can hold it in the mid-term and arrange two positions, namely short-term and medium-long term.
Quick retracement of 2350 as expected.
When it continues to be suppressed below 60 in the afternoon, it is necessary to go short directly.
Although there was a slight difference of 1-2 US dollars and we did not enter the market, the market was in line with our expectations.
After the European market retracement, what should be the next plan?
After rising and falling in the early trading, the price continued to weaken in the afternoon. Even in the correction market, it was still weak in the evening.
Weakness and extreme weakness need to be distinguished.
If it is an extremely weak form, the price will definitely retrace without rebounding. But this is not the case currently. Instead, it rebounds first and then retreats.
Therefore, the next strategy can focus on the 57-59 short position, use 63 as the defensive position, break the position to adjust the position, and continue to look at the vicinity of 48-43 below.
If you have started to like my strategies, please let me know
Can gold maintain its high price?World gold prices tend to decrease with spot gold down 3.2 USD compared to last week's closing level to 2,340.7 USD/ounce.
The world gold market has just had an exciting week when records were continuously "broken". In particular, on Friday, gold prices fluctuated up to 98 USD. This price increase is second only to the price increase in December last year that pushed gold prices above 2,150 USD/ounce in a short time.
After December's rally, many analysts expect prices to test support around $1,950 an ounce as the precious metal remains weighed down by interest rate expectations. In fact, many investors missed the first breakthrough increase in March while waiting for a larger correction.
Previous predictions of a correction made Friday's price action interesting. Analysts have noted that investors who missed out on the March rally will be eager to jump in on the dip. However, a problem that investors are facing is determining the entry point. Recently, this precious metal has continuously ignored traditional "headwinds" to enter new record areas. While gold maintains its upward momentum, there are multiple support levels to watch. Some experts note that investors should watch for the initial support level at 2,350 USD/ounce, then 2,285 USD/ounce.
Experts still believe that gold's upward momentum has just begun. Although high inflation may force the US Federal Reserve (Fed) to maintain positive monetary policy longer than expected, gold still demonstrated its resilience by ending the week at a record price. The other continent is 2,360.2 USD/ounce.
Gold is bound to fall after gapping highDear friends, tomorrow will start a new week of trading journey! Let’s first summarize this week’s trading results. Personally, my overall profit this week was over $68K, which I feel is a very good trading result. Although I occasionally suffered losses in this week's transactions, I was able to seize 95% of the trading opportunities and successfully make profits. I think this is a very good result! Hopefully we can keep up the good work next week!
For the gold market next week, due to the escalation of conflicts in the Middle East, gold may have the conditions to jump short and open higher on Monday, or gold may be the first to rebound with the support of safe-haven assets. If gold rebounds as expected, we will first focus on the resistance in the 2365-2370 area above.
In addition, on Friday night, gold fell back from its highest position near 2431 to its lowest position near 2334, a correction of almost $100. This is a sharp correction that has never occurred recently. I think this may intensify market panic to a certain extent and cause a certain range of selling, which is detrimental to gold. In addition, from a technical perspective, gold has undergone a deep correction, which has consumed the momentum of bulls and also destroyed the bull pattern to a certain extent. There may be a peaking signal in the short term, so gold may continue its correction trend.
Therefore, I predict that gold will stage a trend of rising first and then pulling back in the trend next week. Therefore, in terms of trading, in terms of the main trading rhythm, I will focus on shorting on rallies, and first focus on the resistance in the 2365-2370 area above. Of course, I will adjust the specific trading strategy according to the real-time intraday market conditions. No matter what, I wish us to achieve greater success in trading next week!
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.