Gold’s 5-game winning streak continues to be short goldDear friends, gold has rebounded again after hitting 2148 in the short term. Gold is currently trading near 2154. Judging from the current gold trend pattern, the bullish momentum of gold has not been exhausted yet, and gold is expected to continue its rebound. However, the technical pressure above is relatively strong.So gold is relatively in shock.
In fact, in my opinion, gold is currently facing a strong resistance area of 2165-2170 in the short term. Therefore, from a technical perspective, it is almost impossible for gold to rise sharply. Then gold will continue to pull back after encountering the resistance area. . So in terms of trading, I still insist on shorting gold at high levels.
How do you get involved in gold trading? I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Goldtrend
GOLD BUYgold was working in bullish trend and is making a retracement to its bullish trend also in H4 its moving downwards in a channel also another confluence is gold has made a support level inside a downwards channel I am expecting a bullish move in near future to its previous resistance level which is also a very strong phycological level so we will be waiting for gold to break the channel and put our trade
here too we have a beautiful chance to put our longs because on this support level we are seeing bullish price action if it breaks this level we will be putting shorts otherwise we will be going long but my strong intuition is GOLD LONG
Gold 2162 prompts short selling, and it fell as expectedGold prompts short selling at 2162, and is now falling as expected.
The four-hour gold line is still in a short position, and there is almost no support below. A plunge is inevitable. The highs continue to fall. It is an obvious short position, and the moving average is also running downward. The K-line is suppressed. We continue to see a plunge.
Trading strategy: short gold 2162, stop loss 2170, target 2100, 2130
Gold is about to enter a weak zone and accelerate its declineThrough the analysis of the 4-hour chart of gold, we know that gold rebounded from the early trading to the pressure level of the downward trend line of 2163 and fell back. In the short term, we can clearly see from the chart that a concussive downward channel has been formed in the short term. We can see from the chart below The chart can also clearly see that the market is heavily involved in the short-term market at high levels. In the short term, MACD will run below the zero axis and further enter a weak market. In the short term, we will focus on the support of 2135 and 2124. In the short term, we will continue to short at high levels.
You can refer to my trading strategy, I hope it will be helpful to you
Real-time analysis of gold price
Today, the lower support will focus on 2145-50, and the upper pressure will focus on 2170. During the day, we will first rely on the high altitude and low long cycle of this range to participate in the rhythm of long and short shock operations. At the midline position, you should watch more and move less, follow orders cautiously, and wait patiently for key points to enter the market.
Always pay attention to my signals to make the right choice from them
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Gold price sideway waiting for interest rate information⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) struggles to benefit from previous day's rebound, hovering around $2,145, a one-week low. Speculations arise that the Federal Reserve (Fed) will maintain higher interest rates due to strong US consumer and producer inflation figures. This supports elevated US Treasury bond yields, bolstering the US Dollar (USD) and creating resistance for gold.
⭐️ Personal comments NOVA:
Gold price sideway on Tuesday waiting for the results of FED interest rates, the price range fluctuates from $2145 - $2170
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2135 - $2137 SL $2130
TP1: $2142
TP2: $2150
TP3: $2160
🔥SELL GOLD zone: $2175 - $2177 SL $2182
TP1: $2165
TP2: $2158
TP3: $2148
⭐️ 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
Gold made two profits yesterday, how to trade todayGold continues to look at the 2145 line. The K line is a normal rebound, but the overall trend is still bearish. There is still no support below. We continue to be short. The K line is a rebound, definitely not a reversal.
The four-hour golden line is still suppressed by the moving average, and is rubbed against the floor. Even if it rebounds, it is still below the moving average. Moreover, the moving average is obviously bent downward, and the high points are decreasing successively. It is an obvious downward trend, macd energy column Continue to maintain the rhythm below the zero axis, a typical short trend, continue to look at the 2145 line
Trading strategy: short gold 2162, stop loss 2170, target 2100, 2130
Are you concerned about your short position?Dear friends, gold is currently oscillating within a narrow range near the 2160 position. Judging from the current gold trend structure, although gold has not pulled back as expected, relatively speaking, gold is not very willing to go up.we can see from the graph that even though gold has not corrected much, it faces resistance near the 2165 position in the short term. So in my opinion, as long as gold does not break through the 2165 position, there is a high probability that gold will correct back downwards.
So in terms of trading, I still hold short positions in gold in the 2156-2158 area and 2160-2162 area. Although I am still at a slight floating loss, I am not worried about it.because after gold’s upward momentum is gradually consumed, I think gold will pull back again and test the 2152-2150 area. This is why I still hold a short position on gold.
I wonder if everyone, like me, has shorted gold at a relatively high level? If you chose to short gold like me, then in what area did you short gold? In fact, I share detailed trading ideas and trading strategies every day, hoping to help all followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
GOLD - where is today resistance? holding or not?#GOLD.. well guys market very well hold 2145 as we discussed in our video analysis,
now we have one n only resistence area that is 2164 around, keep close that level because it will be your key level in tomorrow,
importnat data's from BOJ on table,
big move expected in tomorrow, dont be lazy here,
keep close 2164, if market hold it, in that case selling expected only, otherwise not.
good luck
trade wisely
GOLD-Today's strategy
There are many factors affecting the market this week. Central banks of various countries will be the focus this week. The Bank of Japan and the Reserve Bank of Australia will announce their interest rate decisions on Tuesday, the Federal Reserve will announce their interest rate decisions on Wednesday, and the Bank of England and the Swiss National Bank will announce their interest rate decisions on Thursday. The market will also look at Tuesday's U.S. housing starts and building permits, as well as Thursday's weekly jobless claims, Philadelphia Fed manufacturing survey, PMI preview data and existing home sales
Gold trading this week is more focused on the news. On Tuesday, the Bank of Japan made an interest rate decision. This is Japan’s first interest rate hike after more than ten years of negative interest rates. The uncertainty will have a huge impact on the market. On Wednesday, the Federal Reserve’s interest rate decision is likely to be announced by the market. There will be no interest rate cut this time, let alone a rate increase, which will also have a certain impact on the market. Therefore, before discussing this week's market, I would like to remind everyone that this week has both good opportunities and greater risks. Please pay attention. risk control.
After gold fell sharply on Tuesday last week, it is basically confirmed that the peak of this rise is currently at 2195. It fluctuated up and down many times on Wednesday, Thursday, and Friday, and tested 2150 many times. Today it finally fell below the 2150 support, although it has not turned into a decline for the time being. trend, but it can be judged that gold’s strong rise has weakened
Gold will definitely fluctuate repeatedly. The resistance points in the chart above are for your reference. You can make reasonable arrangements based on your funds.
GOLD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD
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Reduced slightly then increased againWorld gold prices increased slightly with spot gold increasing by 3 USD compared to last week's closing level to 2,161 USD/ounce. Gold futures last traded at 2,164.9 USD/ounce, up 1.3 USD compared to yesterday morning.
World gold prices recovered slightly after falling to a one-week low on Monday as investors await a series of policy decisions from major global central banks, including the Federal Reserve. US Federal Reserve (Fed).
Currently, the market is almost certain the Fed will keep interest rates at 5.25% - 5.5% at its policy meeting on Wednesday. Investors believe that the US Central Bank may reiterate its view of keeping interest rates higher for a longer period of time in the context that inflation is still "persistent".
Traders are currently pricing in around a 56% chance that the Fed will cut interest rates in June. Higher rates reduce the appeal of holding non-couponing gold.
Data released last week showed US consumer prices rose sharply in February and producer prices rose more than expected amid rising prices of goods such as gasoline and food. Gold lost 1% after the report.
XAUUSD:14/3 Today’s Analysis and Trading StrategyGold fluctuated within a narrow range on Thursday and is currently trading around $2,170. Gold prices rose 0.75% on Wednesday to close at $2,174, boosted by a weaker U.S. dollar as investors still held out hope for a rate cut by the Federal Reserve in June despite scorching U.S. inflation data, while escalating geopolitical tensions maintained safe-haven demand for international gold. Gold prices rebounded, recovering from the previous session's losses, boosted by a weaker U.S. dollar.
Gold prices retreated from record highs set last week on Tuesday, posting their worst one-day drop since February 13, after a report showed U.S. consumer prices rose sharply in February, suggesting some stickiness in inflation. Higher-than-expected inflation means more pressure on the Federal Reserve to keep interest rates high, putting pressure on non-yielding assets such as gold. The precious metal is also used as a hedge against inflation. This is reinforced by the softer tone in U.S. Treasury yields, which has put dollar bulls on the defensive and acted as a driver for gold prices. As the U.S. dollar index fell 0.2%, overseas buyers were more willing to buy gold to avoid risks.
Despite the disappointing consumer price index, U.S. monetary policy authorities may judge that price pressures are easing. Gold has the potential to rise as long as economic data continues to be weak, with the focus now on U.S. retail sales (commonly known as the "terror index"), producer price index and last week's jobless claims, all of which are due to be released on Thursday.
Gold technical analysis
Daily resistance is 2184, support below is 2124-00
Four-hour resistance is 2200, support below is 2167-53
Gold operation suggestions:
From the daily and four-hour analysis, today's support at the bottom will be around 2164-53, short-term pressure at the top will be around 2184, and strong resistance will be at 2195-2200. The short-term long-short dividing line will be around 2150. You can continue to participate in long positions before the daily level falls below this level. If it falls below this level, you will look towards the 2124 target.
BUY:2148-2153
SELL:2195-2200
SELL:2148-2153
XAUUSD:15/3 Today’s Analysis and StrategyThe final value of U.S. retail sales data in February was 0.6%, lower than the expected 0.8%, but higher than the previous value of -0.8%. The final value of PPI in February was 1.6%, exceeding the expected 1.11%, and the previous value was 1%. PPI rose 0.6% month-on-month, twice the expected value, and the previous value was 0.3%.
The rise in energy prices is the main reason for the rise in February's PPI data. Combined with Tuesday's CPI data, it is not able to support the Federal Reserve's implementation of interest rate cuts at the next meeting. Judging from the data, the target of inflation falling back to 2% is still far away.
Affected by the data, the price of gold rose first and then fell yesterday, and then rose again to recover the decline. The intraday low hit below $2,153, and was supported again near the previous low of $2,150. The final price closed at $2,162. In the short term, the support below $2,150 is effective.
Gold technical analysis
Daily resistance is 2184, support below is 2124-00
Four-hour resistance is 2200, support below is 2167-53
Gold operation suggestions:
Judging from the daily and four-hour analysis, today's support below will focus on around 2150. During the day's decline, rely on this position to continue to go long. The short-term pressure above will focus on around 2184, the strong resistance will be 2195, and the short-term bullish strong dividing line will focus on 2150.
SELL:2195~2200
BUY:2148~2153
Technical analysis only provides trading direction!
XAU is in a short-term DOWN trend⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) hovers around $2,155 in early Asian trading on Monday. US inflation data suggests a potential delay in interest rate cuts by the Federal Reserve (Fed), causing a downtick in the yellow metal. However, positive developments in Chinese stimulus measures or strong demand from China could lift gold prices. The Fed may hold its interest rate at the March meeting, as they need more evidence of inflation easing before considering a rate cut. This could diminish the appeal of non-yielding metals and impact gold prices.
⭐️ Personal comments NOVA:
Gold price broke through the $2,150 support zone in the opening session of the week.
Shows that the corrective DOWN trend continues to prevail
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2135 - $2137 SL $2130
TP1: $2142
TP2: $2150
TP3: $2160
🔥SELL GOLD zone: $2163 - $2165 SL $2170
TP1: $2155
TP2: $2148
TP3: $2140
⭐️ 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
Gold real-time trading analysis
On Monday (March 18), spot gold bottomed out and rebounded, with the price rising at $2,147. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,155.
Based on current gold trends, gold prices will continue to rise.
It is predicted that the price of gold will rise to around $2,160 and then fall.
Always pay attention to my signals to make the right choice from them.
It is recommended to go short in the short term: short around $2160.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Still maintaining the trading rhythm of shorting goldDear friends, I reminded you last week that after multiple retracements, gold fell short of expectations during its rebound and was never able to break through the 2180 position. So once the bull momentum of gold fails, the short momentum may counterattack at any time,promoting a deep correction in gold.
At present, gold continues to fall. At present, gold has reached its lowest position near 2146, falling below the key position of 2150. Although gold has rebounded, it appears to be very weak during the rebound, and according to the current gold structure,after gold fell below 2150, the gold market still has room for adjustment.
So in terms of trading, I tend to short gold after gold rebounds, and the current short-term resistance of gold is in the 2160-2165 area.I share detailed trading ideas and trading strategies every day. While we enjoy the trading process, profit is king. I hope that with my help, we can all make continuous profits in the market! And you can follow the channel at the bottom of the article to get detailed trading signals, trading lots, and TP and SL.
Gold rebounds close to pressure level 2158, how to trade
Through the analysis of the golden hour chart, we know that gold first fell and then rose in the early trading, stopping the fall and rebounding at the 2146 line below.
The overall short force is a bit more dominant. In the short term, we will focus on the pressure level above and the effectiveness of the support below. Once the level is broken, the market will continue to accelerate. In the short term, we will continue to focus on short selling on rallies. The idea remains unchanged.
Trading strategy: You can go short near 2158
XAUUSD Are the bears back???Hello traders, taking a technical look on the precious metal that has of recent days seen some very strong push higher making an all time high at around 2195.235 .
After price made the above high we note price has been making a sequence of lower highs while holding the low at 2153.765 .
The above has in turn formed a bearish triangle that could see price fall toward previous low 2112.705 .
Key to note is that we do have some very busy week from a fundamental perspective with different central banks set to announce rates.
It will important to keep an eye out on the FOMC rate decision and also the mood by the members.
The markets are anticipating the Fed to hold the rates as they are and it is this point that it will be important to gauge if they fed hint at any rate cuts any time soon.
Gold rebounds slightly, still bearishGold rebounded from a slight decline during the day, and it can still be shorted after the rebound. Although the K-line of gold currently maintains a high level of shock in the daily trend, the price is showing signs of gradually moving out of the high-level shock range. The K-line has gradually begun to come under pressure from the short-term moving average. In the short-term trend, the technical form has begun to gradually weaken. signs. The 4-hour trend fell below the early linkage support and then a slight rebound just completed the technical form repair. At present, the short-term moving average continues to diverge downward, and the weak trend in the short-term trend has not changed for the time being.
I currently tend to short gold after a rebound.The current short-term resistance of gold has moved down to the 2165-2160 area.
Gold maintains downtrend, continues to sell on reboundAfter repeated shocks, the price of gold began to show a weak situation. The key support level of 2150 has been tested for the third time, while the high points above are constantly pressing downwards. The triangle shock situation is nearing the end! I believe it is not difficult to fall below 2150 within the day, so I think it can be sold directly now! The target is gradually looking towards 2140-2130!
Technical analysis shows that the recent trend of gold prices is mostly running below the moving average dead cross, showing a weak short-term pattern. At this stage, the moving average pressure is at the 2161 line, while the upper trend line pressure is at 2168. The upper side is facing dual pressure levels, and The bottom only faces the support of 2150, so the situation only needs a little stimulation to achieve a breakthrough!