After CPI - Gold price returns to starting pointLast night time Gold had robust information however there wasn`t an excessive amount of movement. With Today's Price Trend and Model, I assume Gold will retain to Buy underneath the 231x Zone in line with the accrued factors of the Buyers. And Canh Sell Above the 233x quarter in line with the Trend Line in H4 and D1
> Please confer with modern-day buying and selling rate plan. Buy Gold round 2308>2312
SL 2300
TP 2325>233x
Watch Sell Gold withinside the location 2337>2340
SL 2342
TP 2330>232x
These are the rate stages I will look ahead to transactions. You can confer with and observe this framework to trade.
Xauusdbuy
Gold rose 2400 this week?
Last Friday, gold fell by $100 under the pressure of NFP data. But to be honest, this $100 drop is not the first time; Friday's drop is also common! But this trend comes out, how to operate, how to locate, how to deal with, is very critical! I also know that many people bought gold last week, resulting in huge losses. But I have been selling. So judgment is the most important part of trading. If you need my help, you can like my trading ideas article. Recently, many people have bought and suffered relatively large losses. But it doesn't matter. As long as I help you, you can stand up again soon.
On the weekend and Monday, I emphasized Friday's trading and how to deal with Monday's follow-up. Friday chose to deal with the resistance point and chose to sell. We also won a great victory in the 2385-2338 selling order.
Today's trend analysis.
1:1 hour temporarily corrected the trend, double support near 2290, strong support position near the previous starting point support position of 2275-2280! BOLL range, the first pressure position is near 2315. Temporarily under pressure, forming a short-term decline; the support positions are near 2295 and near 2285.
2: In the 4-hour period, the stochastic indicator golden cross rebounded upward. The middle track of BOLL gradually moved down, and the pressure position of the downward pressure position 2315 and 2330/2335 here can be selected to sell at the pressure point. Choose to sell near 2315 and sell here at 2330-2335
3: In the daily K, the range of BOLL is still there for the time being, and it has not fallen below or broken through, and the trend is in a volatile trend! Therefore, there is no unilateral trend for the time being; the strength and weakness dividing points of the unilateral trend are the starting point position near 2275 below and the previous historical high position of 2420-2440 above
To sum up: In the short-term intraday, sell at 2315-2330-2335 above, and buy at the support near 2295-2285 before considering. If the support near 2285 continues to fall, the price will fall further.
XAUUSD:The rebound is not over yet
From yesterday to now, the fluctuation of gold is not large. From the shape point of view, it is still in the repair stage. Therefore, before reaching around 2330, try to trade mainly in low-level long positions and wait for the price to reach above 2330. After the indicator is repaired, the probability of returning to the short trend is relatively high. At that time, you can start trading in the medium-term short trend again. Friends who need accurate trading signals, please contact me.
Gold price faces buying pressure in the current areaSELL scalp 2315-2320
SELL swing 2332-235
--
The economic easing through some of crucial banks in lots of primary nations has triggered the neighborhood currencies of those nations to decline, thereby pushing the USD up. Gold fees are thereby situation to corresponding downward strain as a not unusualplace rule.
However, due to the fact gold rate had dropped very sharply earlier than, from 2,385 USD/ounce to almost 2,three hundred USD/ounce. Therefore, the call for for this product may be very large.
Besides, buyers additionally wager that gold has brilliant possibilities withinside the medium and long time due to the fact the Fed additionally reduces hobby costs.
Gold rate forecast
Although it extended once more way to bottom-catching call for, gold`s upward momentum became strongly hindered due to the fact the USD hung high. This state of affairs is forecast to maintain for an extended time.
Last week, the United States suddenly said tremendous hard work marketplace information, thereby making the opportunity of the Fed reducing hobby costs soon. The opportunity of the Fed slicing hobby costs in September has dropped to handiest 52.6%, in comparison to 70% earlier than the United States jobs data.
According to a document through the United States Department of Labor launched on June 7, the United States non-agricultural quarter introduced 272,000 jobs in May, a pointy growth in comparison to the range of 165,000 new jobs in April and some distance exceeding the range of 190,000. paintings that economists said in a survey through Dow Jones information agency.
This tremendous monetary records will assist the Fed amplify the time to opposite economic coverage to attention on steadily bringing inflation lower back to the goal stage of 2%. The Fed will now no longer rush to reduce hobby costs.
On the contrary, numerous primary crucial banks have reduced hobby costs and there can be similarly cuts withinside the coming months. The USD may also dangle higher, even growth, withinside the following few months. Gold is consequently nevertheless below downward strain.
Continue to short gold after the reboundToday, gold still maintains the overall shock structure. In the short term, gold is in a weak rebound stage, but the rebound strength is relatively poor. Gold touched 2314 overnight and then fell again, and once fell below 2300 during the decline. From this point of view, the strength and space of gold's rise in the short term are limited, so in the past two days of trading, I have tried my best to avoid chasing gold.
On the other hand, although gold has not made any actual breakthroughs in the short-term decline, and there are signs of a rebound in the short term, it seems to give bulls hope, but I think this hope is likely to turn into disappointment. First, it is difficult for gold to surpass 2320 in the short term, and second, gold will still fall below 2300 during the decline. From the above two points, it seems that gold bulls are not very firm and may fall again and continue at any time.
Therefore, in today's trading, I will still insist on shorting gold after it rebounds. First, pay attention to the short-term 2310-2315 resistance area on the upside; during the period of gold's volatility, first pay attention to the support of the 2295-2290 area below.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Profited $9K, short gold again!Today, gold maintained a volatile correction. Although the fluctuation was not large, we still made relatively good profits in both long and short transactions. First, we bought gold near 2292 and set TP: 2300; obviously, gold successfully hit our target during the rebound; then we sold gold in batches near 2301 and 2308. When gold fell back to around 2302, we chose to close the position manually, and we made good profits overall. So far, I have made a total profit of 9K, which is a good result for today's market!
At present, gold is in a stage of shock repair. Although it has rebounded in the short term and re-standing above 2300, it has not made effective progress and has not even effectively broken through the short-term resistance area of 2310-2315. Therefore, gold is only rebounding, not reversing. Therefore, we should not be too bullish on gold for now.
According to the current market conditions, it is obvious that the short-term support of gold is in the 2300-2295 area, followed by the 2285-2280 area, and the upper short-term resistance is in the 2310-2315 area, followed by the 2330-2335 area. So we can perform high-sell and low-buy operations in the support and resistance areas!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
XAUUSD:Short, medium-term target 2306-2294
After yesterday's rise, the divergence of the gold indicator has been repaired. Today, it fell again and is currently near the small-level support. There is a rebound demand, and the resistance is near 2340.
In the big trend, the shorts have more advantages. 2368 is still a strong resistance. Before that, 2352-2363 is an important resistance.
In terms of overall large-scale transactions, 2306-2294 can be used as a medium-term target.
If you have any questions, feel free to leave me a message.
Have a good day and good luck to everyone!
Go long first, then short gold!Today is the first trading day after gold fell $100 in a single day. After the sharp drop on Friday, the bearish atmosphere of gold is quite strong. Today, gold rebounded after reaching the position of 2287, and encountered resistance near the position of 2298 several times. Relatively speaking, the rebound strength is weak.
In general, gold is consolidating at a low level and is in a volatile repair market. Due to the excessive decline on Friday and the large space, the decline may continue in the short term, but the space is obviously not large. The short-term support of the 2285-2280 area below is still strong. Many people in the market have set their sights on the 2260 area, but I think that at least today, the decline will not continue to this area.
So in today's trading, I actually tend to go long gold on dips, because the current price is already low. Only when it rebounds to a higher or effective resistance level will I consider going short to gain retracement profits.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
XAUUSD I Scalp long opportunity from Welcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
THEY WANT YOUR GOLD, BUT CHEAPER :)The number of traders that got liquidated last week is so high that probably big funds has decided to buy your gold, but at discount price. My previous idea about gold went really good, and I think that now we are going to see a fake moves. My main target for GOLD is above 2400, so I am looking for a good zone to buy some. I think that price can range in the next days, before resuming the drop till the 2.220/1.990 area. I will wait the price there before taking any moves
XAUUSD:Entering the medium-term bearish range
Gold successfully touched the resistance near 2368-2373 today. The current small level is retesting the support range of 2363-2352. There should be another rebound at that time. The resistance area to focus on first is still 2368-2373, followed by 2378-2383. The bullish target has been achieved, and the next focus will be the bearish target area of 2306-2294.
The trading space is relatively large. If your account does not have sufficient funds to resist risks, it is recommended to focus on small-band trading, reduce the frequency of transactions, and only trade at key positions. This will reduce risks and increase the probability of profit.
In addition, today is Thursday again, and the initial jobless claims data will be released during the US trading hours. Given the recent large fluctuations, I believe that the amplitude space during the data release will not be less than 20$. Big profits also mean big risks. When trading, remember to put risk management first and try to ensure that the transaction is carried out without the risk of being blown.
If you need real-time signals, you can leave me a message.
Have a good day and good luck to everyone.
NF - Strong recovery for Gold !! ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) is consolidating near a two-week high during the Asian session on Friday. Investors are waiting for the release of the Nonfarm Payrolls (NFP) report from the United States, which will influence future Federal Reserve policy decisions and impact gold prices.
⭐️ Personal comments NOVA:
Gold prices recovered strongly this week thanks to economic news beneficial to Gold. NF continues to be forecast to help Gold prices recover above the $2400 area at the end of the week
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2352 - $2350 SL $2345
TP1: $2360
TP2: $2368
TP3: $2375
🔥SELL GOLD zone: $2399 - $2401 SL $2406
TP1: $2390
TP2: $2380
TP3: $2370
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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 Analysis=>Long and Short PositionGold seems to have succeeded in breaking the Resistance zone($2,373-$2,353) .
According to the Elliott wave theory , Gold still needs to increase to complete its 5-wave uptrend.
I expect Gold to start rising again after the pullback to the resistance zone and go up to Potential Reversal Zone(PRZ) .
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and
Long gold, target 2350
Gold price plunged by $50 before the data, and there are signs of stopping the decline in the short term. This wave of plunge is very likely to digest the data in advance, so I personally prefer a short-term rise;
Light long position, target around 2350.
If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
Overview of important economic events in the past 2 weeks: XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The past 2 weeks have witnessed a lot of important economic news such as: ISM Manufacturing PMI,
JOLTS Job Openings, ADP - NF, PMI, Unemployment Claims, CB Consumer Confidence, GDP, PCE,
Pending Home Sales m/m
As the overview chart shows: it can be seen that most of the economic data is not good for the dollar - DXY decreased - XAU increased and stabilized to recover.
The US economy near the US election is quite gloomy - not showing positive recovery + war conflicts in the world (Russia - Ukraine / Israel - Palestine) are still tense
⭐️ Personal opinion:
US macroeconomic factors are not supporting the economy - Gold is still a safe and effective investment channel at present.
⭐️ Technical analysis:
Long-term H1, H4 time frame, after Gold price broke 2350 thanks to positive impact from economic data. Gold price tends to increase greatly, returning above the 2400 area
Pay attention to resistance zones: $2400 , $2430 , $2450
⭐️ 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
US Nonfarm will be an important factor affecting USD and goldGold This morning I noticed a robust boom, so 2380 then fell returned to 2370.
With the Plan and Price Model running, the principle fashion is that Gold can nevertheless boom withinside the lengthy term. If everyone follows the D1 Frame or the Weekly Frame, you may truly see the trendline. The following height is better than the antique height and the subsequent backside is better than the antique backside.
>Current Price Frame I will purchase GOLD round 2364>2368
SL 2361
TP 2376>239x
This morning`s Asian session, please confer with this fee variety for trading. If there are developments, I will replace extra later ❤️❤️
Gold price break - a recovery in price⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) rose for the second consecutive day and reached a two-week high of around $2,373 during Thursday's Asian session. This increase is driven by expectations that major central banks will reduce borrowing costs to stimulate economic activity. The Bank of Canada (BoC) recently lowered its benchmark rate for the first time in four years, signaling concerns about slowing economic growth. Additionally, the European Central Bank (ECB) is anticipated to cut interest rates for the first time since March 2016 at its June policy meeting today.
⭐️ Personal comments NOVA:
Gold price breaks from the upper border - recovery and upward momentum at the end of the week. Pay attention to upcoming resistance zones
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2355 - $2357 SL $2352 scalping
TP1: $2360
TP2: $2368
TP3: $2378
🔥BUY GOLD zone: $2341 - $2339 SL $2334
TP1: $2350
TP2: $2360
TP3: $2370
🔥SELL GOLD zone: $2378 - $2380 SL $2385
TP1: $2370
TP2: $2360
TP3: $2350
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
XAUUSD (GOLD) BUY ANALYSIS - ICT CONCEPT |SMART MONEY CONCEPTHere on Gold price has crossed our TP 1 and now return to resistance zone forming order block (OB) after break of structure (BOS) so is likely to go up so this point is expected to go LONG and expected profits should be around next resistance zone at level of 2,410.000. Apply money management.