Gold.The rebound is about to begin. Follow me to buy.It’s now. The time to buy has arrived. As I said last week, there are still a lot of trading opportunities this week.
The rebound range is around the first target position near 2420
A large number of buy orders continue to pour into the market. Don’t hesitate.
The position near 2398-2404 is a good buying opportunity. TVC:GOLD COINBASE:BTCUSD COMEX:GC1! OANDA:XAUUSD FOREXCOM:XAUUSD
Xauusdsell
Gold prices can be long now.
Yesterday, before the gold price closed, I suggested to continue going long on gold today. Today, the gold price market is in line with expectations again. At the same time, the market released a signal that is good for gold. The gold price hit the position near 2397 again. It has not yet broken through 2400. But Eddy believes that it is only a matter of time before it breaks through 2400. At present, the gold price remains around 2390. Short-term long positions can be carried out below 2386.
Investors with sufficient funds can consider entering the market in advance.
COMEX:GC1! FOREXCOM:XAUUSD TVC:GOLD TVC:DXY
In the NFP market, gold is expected to fall back, short gold!In the past two days, due to the expectation of the Fed's rate cut and the surge in risk aversion, the gold market has once again pushed up above 2460, and it is only one step away from the previous high of 2484. The rise looks particularly strong.
The bullish power of gold is relatively strong, but today NFP is the key to the short-term direction of the gold market. Compared with NFP, it may still be bullish for gold, but I think there is not much room for gold to continue to rise. It is obviously not advisable to directly chase gold now. So I think it is very likely that gold will rise and then fall in the future. If gold cannot break through 2480-2485 in the process of rising, then gold is expected to form an "M" top pattern and usher in a collapse and fall.
So in terms of trading, I would advocate shorting gold in batches in the 2460-2470 area and the 2480-2490 area, and then patiently wait for gold to fall back!
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 Friday Trading Strategies and Signals
xauusd
Trading on Friday is the most difficult, plus several major news data will be released this week.
Tomorrow, the US non-farm payrolls data will be released. There will be relatively rapid and large price fluctuations in a short period of time.
So please set a stop loss when trading:
Yesterday and today, gold rose violently.
So tomorrow we can maintain several buying areas and sell at several specific resistance prices while the trend remains unchanged:
Sell:
2466-2471 (the first resistance area to be reached. Maybe 2475. But trading in the price range is very advantageous)
2480-2484 (historical high)
Of course, I think scalping at 51-54 can also win some profits.
Buy:
2432-2436 has been triggered now, we can hold and observe, because I think there may be a risk of price correction.
2418-2421. The price meets the initial assumption of the correction.
Of course, I always improve that everything can happen in the trading market. The price price correction exceeds the support area of 2412. I think it will test the 2390 area again.
In short, trading in our price range will always earn you some profit.
If you make a profit following my trading range, please give me a thumbs up and join me. Maybe I will update again with a new analysis before the news is released tomorrow. This is a preliminary trading plan
#XAUUSD/GOLD breaks out, is it a long-term buying opportunity?After breaking through the resistance zone of 2430-2433, the current gold price is forming a peak around 245x, with the breakout at 2386 giving gold an upward momentum again.
The market is very difficult to trade, and the trading trend for the Europe - US session is BUY. Key price areas to watch are 2428-2432 and 2390-2400. If the price fills this liquidity area, it will be an opportunity for us to target the peak zone of 2480-2484.
Recommended orders:
Plan 1: BUY XAUUSD zone 2429 - 2432
SL 2426
TP 2435 - 2450 - 2373.
Plan 2: BUY XAUUSD zone 2390 - 2393
SL 2387
TP 2400 - 2430 - 2373.
Plan 3: SELL XAUUSD zone 2451-2453
SL 2457
TP 2448 - 2440 - 2432 (small volume).
Two major news are about to detonate the gold price market.
Two major news are about to detonate the gold price market.
Will the follow-up of the attack on the top leader of Hamas detonate the gold price market? Will gold continue to rise if the Fed cuts interest rates?
Senior analyst Eddy believes that gold will directly go long on gold prices before the two major news come. Waiting for the market to soar. Hamas's resistance is undoubtedly the fuse that leads to the rise in gold prices. The upcoming Fed interest rate will also drive gold prices up again. So now is still a great opportunity to buy. The current price is at 2421. The battle line is extended. Buy in the range of 2410-2420. Wait for the market to rise.
Investors with large funds can buy multiple orders in advance. If your funds are relatively small. Remember to go long in a small position at a stable position.
COMEX:GC1! FOREXCOM:XAUUSD TVC:GOLD TVC:DXY
Choose to short gold firstAt present, gold has touched 2430 again. From a technical point of view, the candlestick chart is under pressure in the 2430-2435 area. Moreover, the Federal Reserve's interest rate decision will be announced soon, and gold may be in a bullish pattern before then. Moreover, the gold market has recently risen due to multiple speculations about interest rate cuts. Even if the Federal Reserve cuts interest rates as expected, gold will continue to fall after the good news is fully released. So in terms of short-term trading, first of all, I will still choose to short gold in an appropriate amount near 2430!
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. !
Will the gold price continue to rise? Yes
London market: The attack on Hamas leaders has once again detonated the market. After the gold price fell back to 2405 in the Asian market, the gold price rose again to a high of 2422 because of the news. It is currently fluctuating at 2419.
Senior analyst Eddy believes that after the short-term gold price falls, it will continue to rise. Therefore, the main trading method is to buy at low levels. The stable position is 2410-2415. Friends with large funds can consider entering the market at 2419-2417 in advance.
TVC:GOLD FOREXCOM:XAUUSD COMEX:GC1!
Gold Tuesday Trading Strategies and Signals
#xauusd July 30, 2024
If gold fell to around 2370 yesterday as judged.
Then trigger my buy signal
Today I will give you several trading areas for your reference:
Sell gold:
sell2395-2399
sell2412-2416
Buy gold:
2371-2374 (as a scalping transaction)
2362-2365 (scalping transaction, profit of more than 50pips)
2353-2358 (strong buy signal. It is highly unlikely to be triggered)
Please choose the appropriate corresponding price in different time periods and start trading.
If you make a profit according to my signal, please like me and join me
XAUUSD: Get ready to receive the super golden week arrival2410 is the last line of defense. Before it breaks through, all the rises are just rebounds rather than reversals.
The Israeli attack on Lebanon just now can only be regarded as an emergency. The risk aversion caused by the emergency comes quickly and will retreat quickly without follow-up. Therefore, we must not be anxious and pay close attention to the 2410 line of defense.
In addition, many important data of the Super Golden Week have not yet been released. Before the release of this week's data, the direction of gold prices is still uncertain. Try to be patient enough.
The focus of the Super Data Week is as follows:
(Wednesday)
US July ADP employment
US June existing home sales index monthly rate
Federal Reserve interest rate decision
(Thursday)
Bank of England interest rate decision
US weekly initial jobless claims
US July ISM manufacturing PMI
Fed Chairman Powell press conference
(Friday)
US July unemployment rate
US July quarterly NFP
Gold forms a falling pattern as risk aversion fadesThere is not much to say today. What should be said has been explained in yesterday's post. My current strategy remains unchanged. I still maintain a bearish view and will continue to hold short positions.
Yesterday I said that it is obvious from the 4-hour chart that gold has formed a head and shoulders top pattern and a plunge is about to begin. As the risk aversion caused by Israel and Lebanon subsides, the factors supporting the rebound of gold are gone, and the only way to go is a decline.
Upper resistance: 2390, 2400, 2410
Lower support: 2370, 2350, 2320
Now we need to focus on the ADP employment data and the Fed's interest rate decision to be released tomorrow.
Unswervingly short goldAfter reaching around 2370, gold rebounded again and is currently hovering around 2390. Gold seems strong, but it is always difficult to reach the key suppression area and cannot form an effective breakthrough, so I think that gold is still dominated by shorts as a whole.
Gold is currently facing two key suppression levels, one is the 2400-2405 area, and the other is the 2410-2415 area. If gold cannot overcome these two resistance areas, then the gold shorts will counterattack at any time, so before regaining the 2410-2415 area, there is no doubt that in terms of trading, I always insist on a short-selling trading strategy. The short-term support below is around 2376, followed by around 2368. If gold falls below the support in this area, gold will also test the 2350 area, or even 2330.
So in terms of short-term trading, I still insist on shorting gold!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: Rebound is not a reversal, ready for a sharp drop7.29 Gold Sharing and Trading Strategy
Last Friday, gold rebounded due to PEC data, and the escalation of the conflict between Israel and Lebanon led to an increase in risk aversion, and the price of gold once rushed to $2,400.
However, political risks obviously overshadowed the subsequent Fed interest rate decision. The data reflected by PCE showed that inflation remained strong. Although it was close to the central bank's target level of 2%, the market still hoped that the easing cycle would start in September.
From the 4-hour chart, it can be clearly seen that the current gold is a head and shoulders top pattern. The shoulder position has now been completed, and it is very likely to usher in a plunge here.
From the figure, we can see that referring to the previous trend, the support below will be at 2350, 2320, and 2300, so we can use the previous pressure levels of 2385, 2400, and 2410 to sell
Made a profit of 170 pips, continue to short gold!Under the influence of the weekend news, gold once rushed above 2400, but then quickly fell back. Just now, gold fell back to below 2370 again. Obviously, we shorted gold near 2391 and perfectly hit TP: 2374. We made considerable profits in the gold short position. Although gold has rebounded again after touching 2370, the rebound strength is still lacking.
From the chart, 2410 is the last line of defense for gold at present, not only because 2410 is the suppression position of the daily moving average. Moreover, 2410 is where gold has always broken in the previous candle charts. You can see that gold has rushed above 2410 many times before, but in the end the daily closing line always closed below 2410. It can be seen that gold has rushed above 2410 many times before, but the final daily line closed below 2410. This is enough to prove the strong suppression position here at 2410. Therefore, as long as the daily line does not close above 2410, then gold is undoubtedly a strategy to keep shorting.
From the 4-hour chart, we can see that gold is currently in a head and shoulders pattern, with the shoulder position changing from the previous 2420-2430 to the current 2390-2400. As long as the current shoulder position is confirmed, there is no doubt that it will also usher in a sharp drop as before. The 2350 position may not be the low point, and the final target position of this wave will most likely reach the 2340-2330 area. Therefore, we can focus on finding opportunities to short gold at present, with the first target below looking at 2350, and the second is the 2340-2330 area.
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. !
GOLD Shooort!Based on the previous analysis, using a longer timeframe (1D), I anticipated that the price might be looking to test the support zone at 2286 i.e if today's daily candle stick closes above 2405.
Now the price has broke out of the rising channel, retested it (which was a fake out) and looks like it will continue with the bearish momentum.
My entry position is at 2383, SL at 2395 and Target at 2286.
GOLD, Huge fall Ahead ?Hello traders, hope you are doing great.
For upcoming week, I think we'll probably see an uptrend correction in GOLD at first and after that we'll probably see a fall to specified Level and beyond that. so with a proper trigger, we can open a SHORT position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
If this post was helpful to you, please like it and share with your friends.
Thanks.
Gold prices rise on first trading day of late JulyOpening the first session of the week, Gold price has increased again to the 2403 zone. Because this week there is a lot of strong news affecting the market, this week I will recommend following the short wave. If there is a good point, I will hold it long, everyone.
Regarding the main trend, I am still following the direction with the Gold correction wave decreasing back to the 2300 zone.
As for the current candle force, GOLD is very likely to increase back to the 242x zone, everyone 👌👌
Regarding the trading plan for today, I will watch to Sell Gold around 2393>2396
SL 2398
TP 2390>2384
With the strong buying force when opening the first session of the week like this, it is easy to be a Fomo wave for a volatile week, everyone.
I will not watch to Buy Gold yet. If there is a good point and a good buying zone, I will recommend later. Wishing everyone a successful trading week 👌❤️
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Economists say the modern inflation facts is not going to forestall the Federal Reserve from reducing hobby prices for the primary time this 12 months. Markets are more and more more making a bet that the valuable financial institution will reduce prices in September at its assembly in early August.
The upcoming assembly will shed mild at the putting of the easing cycle, analysts at TD Securities stated. While Fed officers are not going to completely decide to a September fee reduce, they'll trace that the Fed is near one.
Along with cooling inflation, economists expect that slowing exertions marketplace profits will push the Fed to ease prices earlier than the stop of the 12 months. The CME Group`s FedWatch device places the percentages of a September fee reduce at 100%.
The Fed isn`t the best valuable financial institution maintaining a financial coverage assembly this week. The Bank of England is likewise because of announce its fee selection on Thursday. The Bank of Japan holds its financial coverage assembly later Tuesday.
Central financial institution moves withinside the coming months may want to have a profound effect on gold fees and monetary markets in general.
Gold Price Forecast
Kitco News` modern weekly gold survey suggests that specialists stay bullish.
Kelvin Wong, senior marketplace analyst at Oanda, stated he sees gold's correction as a charge motion inside a broader uptrend.
The Fed continues to be pursuing a coverage of prioritizing a fee-reducing cycle over a fee-hike cycle withinside the medium term, in step with the expert. The 10-12 months Treasury yield hovered beneath the important thing intermediate resistance degree of 2.05%. The fashion for gold stays bullish.
Gold Friday Trading Strategies and Signals
#xauusd
Today is Friday, July 26, 2024.
Today is the last trading day of the week. And there are many important data to be released today. So the volatility of gold today is very large. All the signals I sent out this week have been profitable. So today we need to be cautious or make a small profit to have a perfect week.
With gold falling 2351 yesterday and then rebounding. Plus today's news data is about to be released. The trend of gold is more complicated
I still give several trading prices:
The price range for buying gold:
buy: 2349-2353.5 (buy a small amount. Profitable. Because the volatility will change over time)
buy: 2329-2334 (gold falls sharply, then this signal may be triggered)
The price range for selling gold:
sell: 2389-2395 (if the first wave of gold stretches upward, then this price may be triggered. You can sell gold, sl set 2401)
sell: 2409-2413 (if gold accelerates, then trade according to this signal.)
Please set sl. And trade according to the signal. If you make a profit or like my signal. Please join me and give me a thumbs up. Thank you everyone. I wish you all a smooth trading.
Short gold!Today, gold rebounded all the way to the 2390 area, but it is still blocked in the 2390-2395 area and has not broken through the key key level. Gold is currently just rebounding and cannot be characterized as a reversal. In addition, the short trend of gold has not changed, so even if it seems to rebound strongly, it does not affect the short trend. If it falls too much, there will naturally be a rebound, so there is no need to worry about the current rebound trend.
So in terms of trading, what are we waiting for? We will definitely enter the market to short gold without hesitation, but with the rebound, our target needs to be adjusted appropriately, and the short-term target is the 2370-2365 area.
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. !
Gold Thursday Trading Signals and Strategies
#xauusd Today is Thursday, July 25, 2024.
Gold broke through 2412 yesterday and reached the 2431 I mentioned.
My sell signal yesterday helped everyone make 300-600pips.
Today gold broke through a new trend again. So I gave several trading ranges.
Gold buy:
xauusd buy
2361-2365
2351-2355
Gold sell:
xauusd sell
2399-2402
2409-2412
You can try trading when the trading price is reached.
I hope my analysis will continue to help everyone make a profit. If you use my signal to make a profit, please give me a thumbs up and join me
Gold is Ready to Dump again!!!Gold started to increase from the Support zone($2,398-$2,376) with the help of the Inverse Head and Shoulders pattern and is moving now near the Resistance zone($2,451-$2,426) and inside the ascending channel .
I expect Gold to take a downward trend again in the coming hours and at least go down to the Targets I specified on the chart.
Gold Analyze ( XAUUSD ), 1-hour 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 Trade safe.