XAUUSD: Gold analysis and operation
Yesterday, the Federal Reserve released CPI annual rate data performance is relatively poor, below market expectations. The dollar fell in response. Gold rose on the day.
Early this morning, 1961-1962 straight up. Continuation of yesterday's trend, the horizontal directly broke 1971.
Programme: 1977-1980 empty, objectives 1970-1966:; Step back 1966-1963 more.
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Xauusddaily
XAUUSD: Today's summary and subsequent operations
Today, under the influence of CPI data, gold pulled up from 1944 to near 1970, followed by a continuous pullback, the current price 1962, the follow-up focus on the lower 1944 support level, we can short near 1965-1970, and long in 1950-1955!
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XAUUSD: Analyze and operate today
Gold fell for three consecutive days, the front because of the geopolitical impulse to basically smooth out the bulls, and all the way down even broke the 1970-1953 support, the current minimum to 1947, the general trend is strong and weak, the market is also going down, the current consideration is how to card points to short, from the current 4 hours and hour range, 1957-1958 is the first resistance level, It is also the support pressure of the early stage, followed by the second pressure level of 1968, which can be surrounded by empty space
The specific layout is as follows:
1. The first time to see 1957-1958 empty once, lost 1964, the target to see 1948-1943 broken look
2. See 1968 empty at any time within the day, lose 1975, and see the target below the broken position from 1958 to 1948
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XAUUSD: Gold retreated, followed by the 1980 line
As Treasury yields edged back up, gold came under pressure, falling back from above $1,990 during the day, although last week's weak NFP forecast brought forward Fed rate cut expectations, but the gold price did not seem excited about it.
For this week, gold will continue to track events in the Middle East, while a number of Federal Reserve officials will make their debut this week, including Fed Chairman Jerome Powell. After three weeks of gains in gold, the rise has slowed, but the bull trend has not ended, and the shock of nearly two weeks or brewing a more significant rise. In the chart, the Bollinger belt opening, KDJ index to form a gold fork, last Friday prices in the non-agricultural impact of the high fall, today's gold price still maintains an upward trend, concerned about the 2000 mark can successfully break and stand firm! In the short term, the probability of shock is large, and the support of the 1980 line is concerned below, and the resistance of the 2000 line is concerned above.
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XAUUSD: Accurately grasp the impact of data
Today, gold did not fluctuate much before the data appeared. When the data became positive across the board, gold once rose to near 2003. We continuously shorted at this position and chose to close the position in 1996, finding that gold did not have a rebound trend, so we continued to sell in 1996, and finally closed all orders near 1988. Congratulations again to the friends who follow!
If you are confused about trading, please join me, I believe you will have a great harvest!
03/11: Gold price waits for US employment report💯DAILY GOLD PLAN UPDATE: March 11
👉 Gold prices were little changed this morning as investors waited for the US non-farm payrolls for further signals.
👉 The USD index slid and US 10-year treasury yields fell to their lowest level in 3 weeks, making gold more attractive.
👉 The Fed kept interest rates on hold Wednesday as policymakers considered key conditions documents tight enough to control the discovery.
👉 According to CME Group's FedWatch tool, the school now believes there is an 85% chance the Fed will maintain interest rates again in December. => Higher benefits increase your job opportunities.
👉 But does Nonfarm have a good price for the USD tonight to reasonably reduce the price when the gold price has increased quite high for 3 weeks in a row?
👉Plan your trading today:
🔽 SellGold Entry: 2004 x – 2006x
SL 2009
City 1993 - 1979
🔼 Buy gold Entry: 1980x -1978x
SL 1975
City 1985 -1991 - 2023
XAUUSD: Double top formation, subsequent fall?
From the technical point of view, the current formation of a double top shape, the future market bearish, but due to the support and data near 1975 led to a temporary rise in the market, the subsequent energy is insufficient, and now has fallen to near 1979.
Continue to pay attention to the impact of the meeting in two hours, if it breaks 1975, continue to bear!
If you are confused about trading, please join me, I believe you will have a great harvest!
XAUUSD: This week's summary and next week's trading ideas
Recent spot gold trend is strong, the situation in the Middle East brought about by the risk aversion to the gold price constitutes obvious support, gold bulls stood on Friday 2000 US dollars, once on the 2008 US dollars.
On the evening of the 28th, Israel again bombed a house in Gaza. On the 27th, the United Nations adopted a draft resolution on the Palestinian-Israeli issue, calling for a truce. In addition, Friday's events between India and Pakistan, northern Myanmar, and the US air strike on Syria have brought new variables to the geopolitical risk.
However, the US economy remains strong, the data released in the week showed that the US GDP grew by 4.9% in the third quarter, and the pressure on the Federal Reserve to raise interest rates further remains, which has a certain pressure on gold prices. Gold has recently shown a strong upward trend, although it has retreated in the short term, but the overall trend remains upward.
It is expected that the market will usher in a large probability of continued rise in the future. Next Monday's operation is recommended to be mainly low.
Gold:buy@2000-2002 tp 2015-2023
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GOLD ANALYSIS 10/24: EXPECT TP SELL OF 300 PIP💯UPDATE DAILY GOLD PLAN:
👉 Gold prices fell in Monday's trading session, taking a breather after approaching the $2,000/oz mark in the previous session, as investors prepare for further developments in the Middle East and economic data. America.
👉 Geopolitical tensions and instability in the Middle East will continue to push up demand for safe assets, after a period of slight adjustment and profit taking.
👉 The market also focuses on the US personal consumption expenditures (PCE) price index on Friday and the US third quarter GDP data on Thursday.
👉 Yesterday's plan, AE won the 100 pip bet, and the price was quite tense, fluctuating at this margin. Nowadays, I still prioritize the Sell bet on the 1948 hard resistance zone, hoping to catch the Sell bet to raise 300 pips.
📌Today's trading plan:
🔽Gold Sell Plan: 1980-1982
SL 1984
TP 1970 -1965 -1950
🔼Gold Buy Plan: 1966-1964
Sl 1962
TP 1970
XAUUSD WAR BUY ANALSYSIS 15.10.23 Reason For XAUUSD Bullish
1. Breakedout the Strong Trendline of 1920 and now readt For Retest
2. Decending Broadening Wedge Pattern Continued and make the swing High as Traget 2074
3. Bulllish Flag Pattern Makes the futher Buy Movement with swing Low as sl 1880 and to 1980
4. Due to Isreal Palestine Issue the GOLD expected Emerge Movement
Overall Possible Outcomes
XAUUSD BUY @ 1915-20
SL 1880
TP1 1960
TP2 1990
WAR TP 2074
XAUUSD: Gold operation thought and analysis
Gold jumps $30 as Fed downplays rate hike.
The Israeli-Palestinian conflict continues to escalate and is expected to expand, and the sense of panic continues to rise.
At the same time, the Federal Reserve again downplayed expectations of interest rate hikes, and the dollar ushered in a sharp retreat.
Gold extended to a new high of 1865 today after yesterday's rally.
Pullback 1853/1854 Long, target 1864-1870
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XAUUSD New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulsive Waves " 12345 " and Corrective Waves " ABC " Completed. Falling Wedge as an Corrective Pattern in Short Time Frame in XYZ Waves and Breakout the Lower Trend Line and Strong Support Level
Entry Precautions :
Wait until it Rejects after Retracement or Previous Support and Acts as Resistance
XAUUSD: Weekly earnings summary
This week ended perfectly, earning 50,000, exceeding the expected target, the main reason is to seize the opportunity to fall all the way, continue to maintain next week, I wish everyone a happy weekend!
If you are confused about trading, please join me, I believe you will have a great harvest!
XAUUSD: Today's gold trading plan
Us bonds continue to soar to a new high near 4.9, the performance of the employment data, so that the Federal Reserve will not raise interest rates this year or again.
Gold continues to be in the 1815-1830 area of the shock correction, we 1822 and 1827 short gains.
Today's unemployment benefits data hit, continue to see the volatility continues, as well as the opportunity to break through, the above break continues to see the resistance of 1848 pressure. The lower pullback extends to new lows and continues to see support at the 1800 level.
XAUUSD(GOLD): 05/10/2023:🔴Is there any Bullish sign?
You can see all the important zones and levels on the chart.
Personally, I have lower targets on my mind for gold but for now, I expect the price to penetrate to the sell-side liquidity and then I will update this TA.
💡Wait for the update!
🗓05/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
XAUUSD (Gold): 19/09/2023: 🔴Important sell zone🔴
As you can see price started an upward move after collecting the liquidity below 1903 and there was a liquidity pool above 1930 that was collected.
Now price touches the important supply zone that can push price down.
In this zone with a lower time frame confirmation, we can enter short and expect the price to go down at least till FVG.
💡Wait for the update!
🗓19/09/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
XAUUSD:Gold analysis and strategy
Yesterday gold rose as high as 1947, then plummeted all the way to around 1920, in the 1915-1920 sideways oscillations, the current key support level of gold in 1915, we can choose to be long gold in this position!
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XAUUSD: Analysis and operation today
On Tuesday (September 19), the Federal Reserve officially began a two-day policymaking meeting, the Federal Reserve's latest economic forecasts and Chairman Powell's speech on the future outlook hints received wide attention from investors. Four hours of technical analysis, although the continuous rise of the price is stable above the two moving averages, but from another perspective, the rapid rise of the emergency fall, there is no only rising market, there is no only falling trend, although the bulls are strong, but the moving average still maintains the trend of the dead fork, and the continuous rising trend has the demand for adjustment on the technical side. In addition, the price is close to the key 1938 pressure level, although the current price is temporarily running near the support band around the previous 1930, there is almost no rebound strength, and the short-term trend is less and less weak.
Operation suggestion:
To callback to do more! The specific time will be notified later!
(Gold) : Bearish Daily Chart Pattern Hello guys, I hope you're all doing well. As for the obvious downtrend chart pattern we have for gold, I think there are two possibilities:
1. The price will turn back up until the upper downtrend line and then return.
2. The price will continue falling until 1887.
In my opinion, if the price turns back upside, it won't have as much strength as if it falls. So if the second possibility happens (the possibility that is more acceptable for me), it will be much more powerful.
Keep in mind that the gold price is in a downtrend even in the weekly time frame.
Weekly time frame that I analyzed last week:
So from a long-term perspective, I still believe in bears.
May you all be PROFITABLE,
XAUUSD - GOLD - Buy zone on D1 and possible scenario In today's analysis, our focus turns to XAUUSD (Gold) on the Daily chart. As previously noted, our anticipation of a sharp decline in GOLD from the 1949-1952 levels has played out as expected. Now, we are examining our targets for our existing short position and exploring the possibility of opening a long position.
Drawing insights from historical data over the past few years, we have observed that gold tends to follow recurring patterns and has a penchant for retracing to the 61.8% Fibonacci retracement level. An illustrative instance of this behavior is the 1952 level observed on the 4-hour chart. Currently, our attention is drawn to the potential 61.8% retracement on the Daily chart, anticipated at around 1786 levels, with an expected arrival time around mid to late October.
The historical data further indicates that November and December often exhibit a bullish tendency in the gold market. Aligning this pattern with our Daily chart channel analysis, we find a compelling convergence with the 61.8% Fibonacci retracement, signifying robust support during this period.
It's worth noting that November is historically a month when the Japanese Yen tends to shine, and, interestingly, gold frequently moves inversely to the Japanese Yen. Examining higher time frames reinforces our belief that this could present an opportune moment for acquiring gold.
Adding another layer to our analysis, we look at the economic calendar and note that on the 31st of October, the Bank of Japan (BOJ) is expected to make an interest rate decision that may surprise the market. This potential surprise from BOJ aligns with our expectation of Yen strengthening, possibly driving capital towards gold as a safe-haven asset.
However, please bear in mind that our approach to risk management may differ from your personal risk tolerance. Therefore, this analysis should not be taken as a trading recommendation. It reflects our perspective on the market's likely trajectory, which could evolve over time, given that we still have approximately 1.5 months to observe market developments. Stay vigilant and adapt your strategies as needed.
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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