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.
Xauusdsell
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.
XAUUSD Gold Technical Analysis and Trade Idea👉🔍 We can observe that XAUUSD (Gold) has been in a strong bullish trend recently. However, it has experienced a significant retracement into a key support zone. In the video, we discuss market structure, price action, the trend, and the fact that this has moved into a significant liquidity pool. I'm expecting to see a potential reaction and an opportunity to go long if the price action unfolds as described in the video. As always, this is for educational purposes only and should not be considered financial advice. 📊✅
Well Well God Has Fall From Yesterday High More Short?Well Well God Has Fall From Yesterday High More Short?
yesterday As Expected Gold Has Reach To the Target Destination .But I Missed The Sell Setup i didn't Focus On Sell Cause I Was Already On Profit Yesterday. So Gold Has Reach To Fib 0.5 And 4H Previous Supply Zone + 30M Supply Zone Then Fall. At Opening Today Asian Gold Has Broke The 1H Support Trend Line And Keep Fall Like Crazy. Now Gold Need To Make A Correction To Upside However I'm Keep Eye On 2396 - 2402 Zone For Look For Sale. Will Be A Waiting Day.
GOLD DECREASED unexpectedly in the opening session🆕 market truth always surprises us. Gold according to us stocks, decreases thousands of points in mt5. Therefore, it is possible to take the psychological factor of the yuan influenced by the us stock market as a measure and judge that gold has reversed and broken the uptrend.
🆕 today, july 25, 2024: with current developments, no more commentary necessary, mainly focused on developments in asia, european stock market and gdp news, subsidy proposals unemployed tonight we are at 7:30 pm new comments.
⁉️ the chances for gold to rise tonight are decreased as it is expected to support the bounce back of gold in all us cks. Stock market has been pressured and decreased for the second consecutive day.
⁉️ asian and european session we watch the market waiting for the reverse point at 5-10 the price is selling down to the 62.63 area.
⚡️gold buy entry: 2360-2362 ⚡️
✔️tp 1: 2376
✔️tp 2: 2384
✔️tp 3: 2392
❌sl 2354
⚠️note: the market always makes us follow the goal order principles (sl-stop 5 prices) and be disciplined in trading.
⭐️ wish investors successful trading
Start shorting goldThe magic reappeared, and gold once again reached the target area of 2420-2430 as expected. We have gained a lot in long positions in the past two days. So what everyone is concerned about now should be whether gold can continue to rebound? Or where can it rebound in the short term.
In fact, from the current structure of gold, gold is now facing resistance in the 2430-2435 area, because gold has fallen from 2484 to around 2384, and the 50% area is just around 2433-2435; and even the 61.8% area is only around 2445, so after the rebound of gold, it is facing resistance in the 2433-2435 area, and there is resistance in the 2440-2445 area above. I think gold may usher in a correction at any time in the short term.
In addition, from the US dollar index, the US dollar has been supported near 104 since it broke through 104. The US dollar still has the potential to continue to rebound with this support, which will suppress gold to a certain extent!
So, for gold trading, I think we can start trying to short gold in the 2430-2435 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 Tuesday Trading Strategies and Signals
XAUUSD. Today is Tuesday, July 23rd.
Gold has a large fluctuation today. I think it will break through several price areas today.
2420 above and 2380 below
Give several suggested trading prices:
Gold sell:
XAUUSD Sell:
sell2418-2420
sell2429-2431
Gold buy:
XAUUSD Buy:
buy2379-2383
buy2368-2371
These are several key prices that gold needs to break through. So I think these prices are suitable for trading and making profits. Please trade according to the settings when the prices reach them.
My analysis brings enough profits to everyone every day. So if you make a profit, please like me and join me.
XAUUSD: If the rebound is blocked, you can sell boldlyAs expected, gold is now adjusting after a sharp drop last week. Yesterday, under the influence of Biden's withdrawal from the election, the price of gold fell to 2384, but then rebounded to around the 2400 integer mark, and did not form a unilateral market. From the overall trend, the low point is constantly moving down, so we can continue to be bearish in the general direction. The main short-term strategy is to sell at high levels.
At present, the price of gold is rebounding, but it will not last too long. The pressure near 2412 and 2420 above is difficult to break through. If it cannot break through, it will only rebound, not reverse. If it is not a reversal, you can boldly sell at high levels
Gold could go down furtherIn my analysis yesterday, I mentioned that gold could drop below $2400, and indeed it did. After touching the support zone around $2390, the price reversed to the upside.
However, the bulls seem weak and unable to sustain the price above $2400, with the price now pressing against the support.
A break below this level looks probable, and the price could drop further to the important support at $2350. My strategy is to sell rallies above $2400.
Gold price today - "Forced to go down"Gold price July 23
Yesterday's gold price on the international market fell below the threshold of 2,400 USD/ounce when the USD increased in price and US stocks went green.
Yesterday, on Monday, gold price had an upward gap, opening the session to the 2412 area and then falling to 2384 on the same day.
amplitude is about 300pips around the threshold of 2412-2384
This move shows the hesitation of both buyers and sellers. Currently, based on candlestick and fibo models, potential selling pressure is still in the 2410-2413 area. If broken, we can start selling at 2422-2425.
City 07-95-85
SL 2417-2432
Buying force during the day refers to the area 2381-2384
TP 88-93-99
SL 2372
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⚠️ MARKET COMMENTS ⚠️
🟢 USD:
- If pending home sales and manufacturing index both increase, this will strengthen the USD due to expectations of strong economic growth and the possibility of the Fed maintaining or raising interest rates.
- If these indexes all decline, this could weaken the USD due to concerns about the economic outlook and the possibility of the Fed loosening monetary policy.
🟢 World gold price:
- If the USD strengthens due to positive economic indicators, gold prices may be under downward pressure because gold often fluctuates in the opposite direction of the USD.
- If weak economic indicators weaken the USD, gold prices may increase due to gold's role as a safe asset.
XAUUSD: Price Definitely has changed to Bearish! Dear Traders,
Price has dropped significantly after creating a record HIGH and rejected at the same level where the channel line was placed. Previous two times when price rejected at the channel or upside trendline price dropped significantly and even this time the momentum that we have witness since last week, looks like price will continue the momentum of bearish.
good luck
Can capitalists cause the market to fall sharply?
Go long at 2392-2395. The main operation is buying.
MCX:GOLD1! COMEX:GC1! NYMEX:WTI1! BINANCE:BTCUSDT COMEX_MINI:MGC1! OANDA:XAUUSD BINANCE:BTCUSDT.P TVC:GOLD
Biden's withdrawal from the election and Trump's election have become a hot topic as risk events.
Gold needs to be adjusted. Buy first, then sell.TVC:GOLD OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1!
Yesterday, the U.S. dollar index recorded its largest daily gain since June 20, as the July Philadelphia Fed manufacturing index was significantly higher than expected, showing signs of a strong U.S. economy. At the same time, market expectations for a ceasefire agreement in the Middle East have increased, which has slightly suppressed demand for gold. Affected by this, the price of gold fell below the rising trend line and is now near the previous support line of 2420.
In the big direction, the price of gold has turned from a bullish trend to a bearish trend. This state will not change before new news or data affects it, so trading is mainly based on selling high.
From a technical perspective, the unilateral decline is particularly strong, but it cannot be sustained. Now the price has just stopped falling at 2420. I think it needs to rebound upward and adjust before continuing to fall.
Summary: There is a need for rebound adjustment after a big drop, and the strategy is to rise first and then fall.
Gold Friday Trading Strategies and Signals
XAUUSD. Today is July 19, 2024.
Gold broke the first round of the upward channel. As the high price was realized, the market sentiment. Gold fell to a new price range.
Trading in this range is accompanied by two factors.
1/ Gold is still in an upward trend. Unless gold falls below 2369.
2/ The short-term downward trend of gold has not ended.
So I think our short-term trading should be based on scalping and buying. Selling at high prices.
The price range I give you for trading:
Gold sell:
xauusd sell
1/2424-2428 sl2432 (If gold falls after stretching in the US market, this is a good trading range)
2/2439-2444 (If gold breaks through 2432, then this signal can be used as a scalping transaction. Profit 40-90pips)
Gold buy:
2402-2405 (scalping transaction, profit 40pips or more)
2392-2395 (scalping transaction, profit 40pips or more)
2380-2384 sl2374 (buy and hold. I think this price is the rebound price of the rising channel. At least it is very safe today)
Please try to trade in these price ranges and set sl. Refer to the notes after each signal to know how to trade
I wish you all a smooth trading. If you are interested in my analysis, please like me and join me.
Gold fell as expected, making a huge profit of 500pipsThe magic was successfully demonstrated, and we finally met at 2430-2420! In the past two days, I have been emphasizing shorting gold and setting a target: 2430-2420. And the day before yesterday, I also emphasized in the article that shorting gold in batches in the 2470-2480 area, the target is 2430-2420. Today, gold continued to fall, and the lowest has reached around 2404. Perfectly hit our target area, we successfully made a profit of 500pips, a great deal!
At present, gold has fallen sharply and has continuously broken through multiple short-term supports. Now it is not just a correction, but the market sentiment venting and the selling of chips have formed a combined force to stimulate gold to form a new downward trend. At present, gold has fallen below the support near 2410, and the short-selling counterattack has strong potential. At present, there is no technical structure to support the rebound of gold, so I think gold will definitely test the 2400 integer mark. If gold falls below 2400, then gold may accelerate its decline to the 2385-2360 area in the future.
So in terms of trading, don't go long on gold for now; but the market won't give us a good position to go short easily. So what we have to do now is to wait and see! Of course, if gold has a chance to rebound to 2420, we can go short on 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. !