Gold 1958 continues to be short
Last Friday, gold fluctuated upwards to the 1963 line, with the MA10 moving average suppressing above it, and it slowly fell back under pressure at 1963. Now it comes down to 1953, and the empty orders in 1957 can take profit. The rest look at the position of 1948-1950, above the gold There is resistance at 1963, and the suggestion for short positions rebounds to around 1958-1960 to continue shorting.
If you want to make money in this market, you must follow a certain logic
Xauusd4h
XAUUSD: Gold price is limited to increase with PPIMarket participants are currently examining the economic records of the United States, which include the release of the Producer Price Index (PPI), along with preliminary consumer sentiment and inflation expectations. This, coupled with US bond yields, can impact the driving forces behind USD prices and provide some impetus for gold prices. Additionally, a broader risk sentiment allows traders to seize short-term opportunities. However, XAU/USD ended in red for the third consecutive week and announced its lowest weekly closing level since March.
XAUUSD/GOLD: 1900-1910 BUYING REGION!Dear traders,
Hope all of you had a great week, gold dropped heavily this week due to last week NFP and other important DXY related data making DXY bullish. What we expect from GOLD here is that it reverse from zone 1900-1910 if it fails to do so, our setup will be invalided.
Manage your RISK, market will be tomorrow with great opportunities but you need capital for that.
XAUUSD: Reducing wedge continues to work!Open interest in gold futures markets fell for a row on Tuesday, this time by around 3.2k contracts, according to preliminary data from CME Group. Instead, volume kept its erratic performance and increased by about 42.3k contracts following the previous daily drop.
Gold is facing initial dispute around 1900
The falling wedge formed is due to a further decline in open interest, which should support the near-term recovery. So far, the 1900 area emerges as a good competition for the time being.
XAUUSD: Firmer US Treasury bond yields!Gold Price (XAU/USD) stays depressed around 1,935 after the beginning of the trading week with mild losses. That said, the XAU/USD manages to keep the bears on board amid technical breakdown, as well as the firmer prints of the United States Treasury bond yields, despite a sluggish US Dollar ahead of this week's inflation data from the US and China. Also an absence of major macros and the market’s inaction limits the yellow metal’s immediate moves ahead of top-tier data/events.
Support levels: 1,922.95 1,911.80 1,898.10
Resistance levels: 1,944.95 1,954.70 1,966.90
XAUUSD: What's next week?Gold price has recovered significantly since autumn last year. Economists analyze the yellow metal’s outlook.
After NFP, the GOLD trend still goes as expected, back to the uptrend. This is a good signal for the buyers.
Gold is expected to continue short-term sideways at the 1950 level before breaking and continuing to move up!
XAUUSD- Extremely BULLISH $1990 TARGET?OANDA:XAUUSD recent NFP economic data did not support DXY indicating FED increasing interest rate policy. We have two possible entries first one is ‘risk entry’ where we can enter with 50-70 PIPS stop loss or We have ‘Safe Entry’ wait for price breakthrough the trendline and once it retest our level we can enter.
WHAT YOU ALL THINK?
XAUUSD: Non-Farm and What Happens After!Gold (XAU/USD) is on a slight uptrend as it stabilizes after previous declines, helped by positioning ahead of the release of Non-Farm Payrolls (NFP) data. Another factor contributing to the mildly positive sentiment for Gold is news of potential stimulus measures in China and US Treasury yields falling from their highest levels since November 2019. 2022. It is important to note that recent mixed signals regarding US employment and economic activity have not impressed the USD bulls, thus allowing XAU/ USD gains gradually after recovering from three-week low.
XAUUSD OUTLOOK: The future of gold will be unpredictable, but the gold trend still favors the buyers
XAUUSD: Today's gold analysis and operations
The overall trend of gold yesterday was strong, Asian trading fell, European trading rebounded, so the United States should be a trend of rising and falling. The market as a whole is still in a strong, and the daily Bollinger band began to close, the gold price is expected to move closer to the middle track, and the middle track is also near the support of the uptrend line, so today above 1954-53 continue to look strong, and the monthly line is a typical strong form, even if there is a fall to continue to be bullish.
In the short term, H4 has now reached the support of the moving average, and here is also near the position of the medium rail, and the fall in the morning is enough, so the bullish can be long around 1957. 1971-1975! Focus on the strength of the European plate, the European plate is strong, and the US plate continues to withdraw more; The European plate is weak, the United States plate does not break 1951 to see the bottom rise!
gold:buy@1952-1957 tp 1965-1970
XAUUSD:Trend Analysis 1965take off
Today's trend and analysis can be seen in my previous article, which can be said to be completely consistent. We emphasize today's support level 1965.gold sell@1980-1985tp 1970-1965 This is our plan for today. Our next plan is gold buy@1965 tp1980-1990.
More analysis and signals will be updated in time, and interested friends can keep up.
XAUUSD:Short-Term Focus 1970-1985
Yesterday was negative, so the short-term is a stagflation rhythm, but if it goes directly to V and reverses the decline, the price should rebound again at the key support. The high point of the second rebound is lower than the previous high and then falls again. It can be confirmed that the stage top appears, which is consistent with the structure formed by the previous bottom. The short-term price focuses on the 1970-1984 range
More analysis and signals will be updated in time, and interested friends can keep up.
Gold's Next Big Opportunity: 1880-1850
Follow me, they seized the opportunity for gold to rise from 2000 to 2050, and also seized the opportunity to fall from 2020 to 1920, and they made a lot of money!
Now, how to trade? Follow me, let me take you through analysis bit by bit.
We continue to observe with the 4h chart.
Now, it is around 1920. Looking at the overall shape, its falling process is very similar to the previous rising process. It has undergone repeated shocks from 1930 to 1980, and now it has returned to below 1930. If it wants to rise higher (1950-1980), it must first break through the resistance of 1928-1937, but judging from the current shape, the probability of breaking through 1937 is not high.
Well, since it is unlikely to break through 1937, it means that it will fall again. Let's analyze the upward trend of 1800-2000.
When it is forming the bottom, completing a breakthrough, and rising rapidly, its backtests are 1885, 1908, 1935, 1951, and 1973. During the upward process, they are support, and once the trend turns downward, they will become resistance. .
Now, only the support of 1908 and 1885 still exists. If 1935 cannot be recovered, the next decline will be around these two points.
This is our next direction. If it falls below 1880-1850, it will return to 1800. At that time, there is a high probability that it will return to above 1900 and face new resistance.
If it fails to break through at that time, it will form a head and shoulders pattern, and this process may take more than 3 months. But if there is such a trend, please be sure to catch it, it will bring you very, very rich profits, and finally, please save this analysis chart!
I will start trading this strategy today!
Gold 19/07 King Vision Beyond 1980.Gold bulls were knocked out of their daydreams on Tuesday, sending the yellow metal into bullish mode for the first time in almost a week and to a seven-week high.
“Gold may have a hard time rallying at $2,000, but that could change if bond yields continue to fall and the Fed signals it is likely to raise rates next week,” said Ed Moya. next week after delivering the final 1/4 point rate hike.” analyst at the online exchange OANDA.
SELL XAUUSD zone 1987 - 1990
Stop Loss : 1995
My target will be 1965$ - 1955$
Note: Installing TP SL fully wins the market and is safe in trading
XAUUSDI Wanna See Gold Trade Down To Take The Internal Range Liquidity Then Trade Up To Take The External Range Liquidity, Simple.
But Alternatively They Can Run Out The Buyside External Range Liquidity Then Trade Down To Now Take The Internal Range Liquidity.
You Have To Understand That Price Either Moves From: External Liquidity To Internal Range Liquidity Or From Internal Range Liquidity To External Range Liquidity.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.