XAUUSD: Analysis and operation
At the beginning of this week, gold continued to short, and the support below focused on the 1915 line. Once the 1900 level is broken, it will certainly not be held, and the target is the early 1890-1885 low. Suggestions for today's operation:
gold:sell@1926-1931 tp1 1916 tp2 1905
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Xauusd4h
U.S. market direct short, absolute profit
Gold continues to be short and bearish. The 1926 short order has entered the market. Now the market is running in a narrow range, and the short order continues to decline. Keep the bearish thinking unchanged!
Gold was in a downward trend for 4 hours, and the rebound was suppressed by the K-line. The rebound did not break through the key pressure position of 1925 suggested in the early trading, and the bulls rebounded weakly. The final result is to continue to go down!
Short, the U.S. market is bearish, and short is bearish!
specific strategy
Gold 1926 short, stop loss 1933, target 1910.
Continue to make profits, gold 6 consecutive victories
Gold has successfully arrived at the 1915 position I mentioned to you before. I have reminded many times that today is mainly a rebound and shorting. Friends who keep up with it will definitely make a profit today. In the US market stage, we have made 6 orders repeatedly. If you are right If you don’t understand the market, I suggest you pay attention to me, because I will analyze the technical indicators in detail every day, which will definitely be helpful to you.
Gold continues to wait for a rebound to short!
Take profit on short orders, technically short positions have a demand for back-drawing corrections, and a stable operation strategy within the day can patiently wait for the price to rebound to around 1932-1933 before placing short orders!
The daily trend has closed a relatively large negative line, and there is a high probability that it will continue to maintain a negative trend.
The hourly short trend remains good, but the only downside is that the counter-drawing power is relatively weak, and there are very few opportunities to enter the market. If you don't grasp it well, you will wait and see all day. From a technical analysis, the moving average maintains the form of a dead cross, and the price has also fallen below and stabilized below the bullish trend line. The decline is already a certainty. If it rebounds to the 1933 line today, it can continue to be empty. Focus on the moving average pressure of the 1938 line in the day , the goal is to look at the support level of 1918, which is a 50% retracement of the overall rise!
Gold price moves towards 1921-1919 support
As we analyzed in the morning, the Reserve Bank of Australia’s stance on hold provided a positive trend for the U.S. dollar index. Quantity means that it will move to a lower position. And because the 240-hour moving average has declined, the nearest support below can be seen at the 1921-1919 line (this position has also been mentioned before), and the bottom is 1915. As long as there are no major emergencies, the price of gold may fall below 1915 in the short term very low.
XAUUSD: The return of gold!The price of gold (XAU/USD) continues to rise as buyers push past the previous high reached in early August, while also maintaining control above the support level at $1,936-38. This upward movement is due to concerns about the Federal Reserve's policy change and recent negative economic data. As a result, the US Dollar Index (DXY) has ended its two-day winning streak with slight losses, currently trading around 104.15. The precious metal's rally reflects a decline in demand for the US dollar amidst uncertain market conditions.
Waiting for non-farm payrolls, continue to bearish
Gold remains high and volatile within the day, and the bearish thinking remains unchanged and waits for the non-farm payrolls!
Gold, the daily trend is empty, and the one-hour period has reached the top overnight. The price remains high and volatile throughout the day, but the key resistance point at the 1950 line is currently valid.
Note, if the key resistance is broken through the one-hour uptrend in the European and American markets, a new upward step will be formed, and the market will further expand at that time, and the bulls will continue to rise.
Specific operation: Gold pays attention to the shape change, and remains bearish under 1950. If the upward step is formed, you can choose the opportunity to enter the market and do long.
The US market continues to be bearish!
The golden hour line has a three-top structure, and the U.S. market continues to be bearish!
Intraday short positions are temporarily reserved, and the stop loss is uniformly set at 1953. The U.S. market continues to rely on the pressure near the 1948 line to continue to short. From a morphological point of view, the price in the hourly chart has been trading sideways for a whole day around here, and a structure of three tops is expected to be formed above. In addition, 1948 is the key pressure level for the short rebound of 0.618. The price will inevitably fall back here, so short positions The goal is to look at the previous support platform of 1935!
XAUUSD: Summary of the day
Today, gold opened in 1942, followed by the highest to 1948, and is currently near 1940, the overall trend of wide volatility, is currently accumulating energy before 1940-1945, and will continue to maintain an upward trend if it can break through the 1950 pressure level!
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XAUUSD: Will it be a reversal or a continuation of the downtrendGold price is looking to build onto its recovery and recapture the 1,900 mark, as the Greenback maintains its corrective mode from two-month highs amid mixed fundamental factors. Risk sentiment remains rather cautiously optimistic in Asia this Thursday, as traders cheer overnight gains in US tech stocks after shares of Nvidia jumped 8.5% ahead of Wednesday's earnings report, providing supportive ground for local chipmakers.
Gold reversed, 1912 went long directly
Gold had a downward trend before, but now on the hourly chart, the macd has deviated, and the decline has failed! The market is about to turn around! The key support of the daily cycle is the 1902 position, which will most likely be the inflection point of this downward trend! The current position starts the multi-single layout!
In the early trading, it was suggested to do more at the current price around 1910. There is no fundamental change in the market now, and the idea of maintaining a bullish rebound remains unchanged.
specific strategy
Gold 1910-1912 go long directly, stop loss 1902, take profit 1930.
Gold short 3 consecutive victories
The gold 4-hour line has continued to go negative, completely falling yesterday's gains, and once again staged a sharp fall. The short-term moving average on the daily line is also basically flat. In the short-term trend, there is a high probability that it will continue to fluctuate. Wait for ADP Or non-agricultural to break the current market. At present, the technical form has begun to repair in the short-term trend, and there may be a certain rebound.
At present, the short-term end point of the lower support focuses on 1940-1945
XAUUSD: @1945-1943 BUY
Gold in the European market continues to bearish!
goldThe current price prompts 1958 to be short, and now the market is starting to fall, the short order is making a profit, and the European market continues to be short and bearish!
The obvious downward trend on the golden hourly chart, and Friday's rebound touched the pressure position, which is the beginning of another decline! And this fall will surely fall below the support of 1940, reaching around 1930!
Short, maintain the bearish thinking in the European market, continue to hold short orders, and those who have not entered the market, just choose the opportunity to continue to short!
specific strategy
Gold is short at 1958, stop loss at 1965, and stop profit at 1940.
XAUUSD: Gold price has many potential risks!Gold prices struggled to break the losing streak, walking near $1,890 per troy ounce in the Asian session on Monday. The precious metal also benefited from the US dollar's retreat, driven by the Federal Reserve's interest rate cut and risk aversion. However, Gold faced downward pressure on Friday due to optimistic US economic data, leading to cautious market sentiment as traders remain wary of increasing inflation prospects. The yellow metal may face a challenge due to China's economic uncertainties. These factors have the potential to impact the overall trajectory of Gold prices.
XAUUSD: Economic stability for gold to continue downtrendGold is facing difficulties in making significant progress on Thursday and is currently hovering close to its lowest point since mid-March, which was reached during the Asian session. The XAU/USD pair is trading around the 1,890 mark and appears to be exposed to potential risks following a bearish breakout below the crucial 200-day SMA overnight. This marks the first occurrence of such a break since November 2022.
Support levels: 1,896.30 1,888.30 1,879.95
Resistance levels: 1,915.30 1,9221 1,934.85
Gold 1945 to do more
The double bottom at the bottom of the gold four-hour line is more obvious. The big positive line is directly erected, and the k-line runs directly to the 50 moving average. At the same time, there is a star at the bottom, which is the Yin line on the left, the cross star in the middle, and the big positive line on the right. These are three k The combination of lines, this is a strong stop signal, go long on gold 1945