Gold trend analysis
At present, gold has started a downward trend. In trading, we only need to follow the trend to make profits easily.
Xauusdtrade
Gold trend analysis
After gold's mid-term trend (daily chart) hit a record high, it immediately fell under resistance. Gold prices have received certain support from the 55-day moving average. The mid-term objective trend is to consolidate at a high level. After returning in the New Year, gold generally showed an upward trend of testing the previous high.
xauusd buy2065-2070 tp2078-2085 sl2054
XAUUSD SELLDollar currency Index took support on its D1 time frame, which is seems very strong and Gold accepted it supply zone from 2087 and now falling down. I am bearish on it. DYOR before taking trade.
Focus on shorting goldIt is now 19:30. As of now, gold has been fluctuating back and forth in the 2045-2030 area as a whole today. Gold is currently trading near the 2035 position. According to the current situation, although gold is supported near 2030, judging from the strength of the rebound,the bullish momentum of gold has gradually weakened, and today when gold touched the 2030 position, it also tried to fall below 2030, which indicates the possibility of further decline.
At present, the short-term resistance of gold is concentrated in the 2040-2042 area and the 2048-2050 area. If gold fails to break through this resistance area for a long time, gold may still have the need to call back to 2024-2022 first.So in terms of trading today, I mainly short gold around 2040. There is still a certain amount of profit, so what we have to do now is to wait for the profit to expand. In fact, patience is an excellent quality that must be possessed in trading.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Earn 12 pips on long and short two-way tradesIt is actually not easy to participate in gold trading today, because after gold breaks through upward with the help of news, you also need to be careful of gold falling back at any time after the news is digested by the market.Therefore, at the current position, we cannot be too short on gold, nor too long on gold, which brings us a lot of difficulties in trading. But in such a difficult situation, we still made a profit of 12 points in the transaction. Although this result is not good, I feel that in this market background, if we do not lose money, we are already making money.
As gold hovers near 2040, there are two voices in the market. First, there is demand for gold to fall back after a sharp rise, and second, gold may hit previous highs after an upward breakthrough. According to the current gold trend pattern, the buying support below gold is strong, limiting the space for gold's correction; after the market gradually digests the news, the bulls' energy seems to have slowed down, while the top is facing suppression from the previous highs. Therefore, gold is currently trapped in a high and volatile market. Then in the next transaction, we can use the support and resistance to perform high sell and low slag operations. But relatively speaking, because the market's bullish sentiment is currently high, we try to mainly rely on support to be long gold in short-term trading.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Continue to short gold to make profitsToday I gave a trading signal in the channel. You can short gold using the 1986-1988 area as the short-term resistance and set the TP to 1979. Obviously, after gold rebounded to around the 1987 position, it fell back to around the 1978 position again.It hit the TP I set perfectly. Congratulations to all the friends in the channel who followed the trading signals and made relatively good profits.
According to the current structure, although gold fell below the 1990 position and broke the bullish pattern, it also re-attracted buying funds to intervene in the market to a certain extent. Therefore, there is a certain amount of buying support below, and the short potential of gold can be slowed down. Therefore, at this time rhythm, we cannot be too aggressive in being bullish or bearish on gold. At present, we can only rely on the 1970-2000 area to see the gold shock. Later there will be the Federal Reserve's interest rate decision and Powell's monetary policy press conference, which may stimulate gold to break through the 1970-2000 area. At that time, there will also be very good trading opportunities. Obviously, I wish I could have taken that opportunity.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Easily profit 24 pips from gold tradingBefore gold fell back, we had already made a short-term rebound profit today. Last night and today, I have been insisting on adding positions to long gold, and set TP: 1990. Today, gold rebounded to around 1995 in the short term, perfectly hitting my expected profit target.
Gold is currently trading near the 1978 position. Judging from the current gold trend pattern, gold's fall below 2000 has broken the bullish pattern. Moreover, during the rebound today, gold only touched near the 1995 position and did not try to break through the 2000 position again. Gold fell back immediately after the rebound, so it is obvious that the gold bulls have insufficient energy, so we need to adjust the trading strategy in a timely manner in the next transaction. Next, after gold rebounds, I will consider shorting gold. The short-term resistance above will first look towards the 1990 position.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
How to save yourself if you are long gold? Are you long gold?Today I gave a trading idea in the channel. We mainly focus on shorting gold. However, before shorting gold, we first went long gold in the 1992-1990 area, TP: 1996, and happened to hit 1996 during the partial rebound of gold, and we made a profit in gold trading.
Gold continued to fall after falling below the 2000 level. Gold is currently trading near the 1981 level. Although gold shorts have strong energy, it is impossible to continue to short gold at the 1981 level. Beware of gold's short-term rebound. Gold's continued decline and downward breakthrough today eliminated those who were long last Friday and Monday. Once the long chips are eliminated, gold may usher in a rebound at any time in the short term.
So, now I am not worried about whether gold will continue to fall. Instead, I am thinking about where gold will rise if it rebounds? All in all, it is not easy to be aggressive in shorting gold in current transactions. On the contrary, you should consider going long gold in the short term in due course, or wait until gold rebounds before shorting gold.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
Easily profit nearly 12 pips in gold tradingToday I mainly gave two trading ideas in the channel: one is that if gold fails to fall below the 2020 position, then gold may rush higher again, so the first trading signal I announced today is to go long gold near the 2025-2026 position, TP: 2031; The second is that I have been on the channel for the last two days to remind everyone that the short-term resistance of gold is in the 2040-2042 area, and you can short gold around this area, so the second trading signal I announced that is to short gold near the 2040 position, TP: 2031; The second is that I have been on the channel for the last two days to remind everyone that the short-term resistance of gold is in the 2040-2042 area, you can short gold around this area, so the second trading signal I announced today is to short gold near the 2040 position, TP : 2033.Obviously, in these two transactions, gold successfully hit TP, so we currently have a total profit of nearly 12 points.
According to the current gold trend pattern, gold is still in the process of adjustment, and it has not been continued in the local rebound, so I still advocate shorting gold at a high level. At present, the short-term resistance above is in the 2040-2042 area.However, the buying support below is still strong. As long as gold stays above 2020, it is still possible for gold to rise again.Therefore, we must set reasonable TP in trading to help us make profits in time and prevent profit-taking.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the exact rhythm of trading, you can execute it according to my trading ideas.I will post my trading ideas every day, and I will also post free trading signals on time.Many friends have very helpful feedback.If you want to learn the logic of market trading, or you want clear trading signals and get more profits, I can satisfy you, be sure to follow the bottom of the article to view the details!
Continue to make money by shorting goldI mainly gave you a trading idea in the channel today. At present, we are still mainly shorting gold at high levels. I will inform you to short gold near the 2030 position, and then continue to add positions to short gold near the 2035 position, and set the TP to 2023. Very Obviously, gold has just fallen back again after rebounding near the 2033 position and happened to hit the TP2023 position. We made a profit of $7. It is a pity that the gold market did not give us the opportunity to add positions, but we are still satisfied with our profits.
According to the current gold trend pattern, gold is still in the process of adjustment, and its local rebound has not been extended. Therefore, I still advocate shorting gold at a high level. The short-term resistance above is currently in the 2040-2042 area. However, the buying support below is still strong. As long as gold stays above 2020, gold may still rise again. Therefore, we must set a reasonable TP in the transaction to help us make timely profits and prevent profits from decreasing.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
XAUUSD 03.12.23 SELL PROJECTIONReason Behind XAUUSD Sell Projection
1. Obey Strong Resistace @ 2071-80 & No other Technical Reason For Fall
2. Fundamentally Dxy make the retest the Weekly High @ 105
3. In DXY we founded the Bulllish Spinning Top which Makes the XAUUSD further Sell
Overall Possible Outcomes
XAUUSD SELL @ 2071-80
SL 2095-2100
TP 1 @ 2040
TP 2 @ 2010
XAUUSD: Gold successfully breached the 2050 pressure level
Gold today twice hit the 2050 pressure level, after the first shock failed to return to near 2035, we choose to be long gold in this position, and successfully reached the target position 2045, after Powell's speech, gold once broke through the 2050 pressure level, and is now consolidating near 2056, next week we can observe whether gold stands firm 2050, Wait for a pullback to near 2050 go long gold!
If you have any questions about the transaction, you can contact me and I will help you!
Easily make 25 pips profit from shorting goldToday I gave you a trading idea in the channel, shorting gold with short-term resistance of 2045 and strong resistance of 2050. I shorted gold near 2042, 2045 and 2049 respectively, and set the TP to 2037. Gold fell back after hitting near 2050, reaching its lowest level near 2034. Obviously, my expected profit target of 2037 was perfectly hit in the short gold trade. We easily made a profit of 25 points.
According to the current gold trend pattern, there is strong buying support below gold, while strong resistance is formed near the 2050-2052 position above, so we can regard gold as a wide shock trend pattern. However, from the perspective of cost performance, the early highs were around 2067 and 2080. So according to the current situation, the space above gold is only 10-30 US dollars at most, while the space below is obviously larger, so we cannot be too aggressive in going long gold in the transaction,to prevent gold from falling back again after rising high, and then entering a correction market, the following will first focus on the 2030 position support, and secondly focus on the 2020 key position support.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
XAUUSD:Waiting for the bear's counterattack
After yesterday's decline, it was the most complete step back after this rise. It stopped falling at the bull trend line and then fluctuated. The current trend has not completely changed, but the overall shape is more conducive to the short attack.
Now it depends on whether the bear will seize this opportunity to fight back.
For now, resistance is concentrated at 2043-2047, while the trend line is at 2039-2036 (which will get higher and higher as time goes by). If the bulls want to continue its trend, it is better not to fall below this level. If it falls below, the pattern will be destroyed
(I prefer that the bears will counterattack)
In terms of trading, I will continue my short selling plan above 2040.
I have started shorting gold to make profit,and you???Today I gave you a clear trading idea in the channel, shorting gold with the 2046 position area as resistance. Before the release of the US initial jobless claims data today, I shorted gold near the 2039 and 2042 positions respectively. In order to avoid the gold market being swept up and down under the stimulus of the data after the data was released, I set a small TP of 2036. Obviously , after the initial jobless claims data was released, gold fell back after touching near the 2044 position, and the lowest hit near the 2033 position, perfectly hitting my profit target.
According to the current gold trend pattern, gold has recently fallen into a triangle consolidation situation after hitting its recent high near the 2052 position. Therefore, both the long and short forces currently have a certain amount of energy, but relatively speaking, gold is relatively resistant to falling. Gold chose to fall tentatively today, firstly because of the closing of long positions, and secondly because of the gradual participation of short energy in the market. Then gold is likely to pull back downwards. First, focus on the lower support near 2030, and secondly, the key support is near 2020. If gold falls below the 2030 position, then gold will definitely test the 2020 key position support. Therefore, the next trading rhythm can be based on shorting gold on rallies.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
XAUUSD:Bears will take it back to 2013
There are no exactly the same market conditions, but there are similar markets, so technical analysis was born. Never worry that there are no trading opportunities in the market. As long as the market exists, opportunities will exist, unless you lose all your money and have no way to participate in the next transaction. Otherwise, don’t be upset just because you missed a trading opportunity.
You have to believe that the principle of extremes must also apply to this market. A sharp rise will be followed by a sharp fall, and vice versa. 99.9% of the gaps will eventually be filled.
The test is human nature, patience, and your understanding of the market!
Keep up the winning streak in gold tradingHello everyone, I have some things to go out for these two days, so I haven't had time to update my trading ideas. But I still insist on trading every day and publish my trading ideas in the channel. In such extreme market conditions as gold, we still achieved relatively good returns.
According to the current gold trend pattern, as long as gold remains above 2000, the energy of gold bulls will obviously be stronger. Therefore, in this market, we only need to follow the trend and trade to obtain relatively good returns. However, we must pay attention in trading. When we are long gold, we cannot aggressively chase gold at high levels to avoid the trend of gold rising and then falling back, to prevent funds from being trapped at high levels. Therefore, we need to find the right opportunity to go long gold at the right position, so that we can make profits more safely.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
GOLD → Some gains after rally above $2,015OANDA:XAUUSD finds itself trading into multi-month highs, looking to clear more topside space after climbing back over the $2,000 handle once more.
Finding chart territory north of $2,000 has proven a challenge for Gold bidders after the XAU/USD dropped below the key level back in May, trading back into the year's lows near the $1,800 region.
October saw the XAU/USD rally back into positive territory, and Gold is up over 11% from October's low of $1,810.
Spot Gold saw fresh bidding after getting pulled down into the 200-day Simple Moving Average (SMA), and buyers will be looking for a fresh round of bids if the XAU/USD sinks back towards $1,950.
XAUUSD: Trading Straregy
Unexpected events caused it to break through the resistance range and complete the conversion from resistance to support. Currently, 2012-2007 is already a support, 30m is beneficial to the bulls, and 1h has formed a top divergence, and there is a need for adjustment. The upper resistance is 2018-2022.
The probability of directly breaking through it is low, but given the strength of the market today, a second attempt may be made. If the judgment is correct, you can observe the support from 2012 - 2007 after falling back. If the support is effective, go long. If the support falls below, you need to make a judgment based on the specific market conditions. (When short forces are strong, we should not do the opposite)
XAUUSD BULLISHGold is ready to breakout its all time high soon. As the war between Israel and Palestine accelerate, we may see GOLD more higher. Better to look buying opportunity on it.
XAUUSD: Gold's intraday gains were weak
Gold 1990 more profit, European rally 1995 empty!
Gold day up weak, has encountered the pressure of 1998, 1991 near more profit out, strong no longer strong will turn weak, European began to short! So 1995 began to short bear, now the support is 1988, once the break, the depth of the pullback opened! The United States focus on this position support can!
From the trend point of view, gold has gone through 5 waves in 4 hours, and now it encounters the pressure of blocking the day line on the track, and there is adjustment demand! From the rule of thumb, this step back to the Bolin rail position, open a wave of adjustment, and then choose the direction!
Operation suggestion:
Gold:sell@1995 SL 2002, TP 1980
XAUUSD: sell
Since there is no data today, we will only do technical forms. The current trend is still short. It is expected that there will be a wave of decline after the US market opens. You can continue to short and set SL to control risks.
Because the U.S. trading time usually fluctuates greatly, if you make a mistake in judgment, setting SL can also avoid some losses, especially for small capital accounts. You can set it up or not for large capital accounts as you like.
The important resistance today is concentrated in 1998-2006, and the support is 1984-1978. If it falls below, look around 1973-1969. If it breaks upward, the vicinity of 2012 will become a strong resistance.
Of course, if your account funds are enough to support it, you don’t need to set SL, but the lot size must be controlled. When we do transactions, we must first ensure the safety of the principal, and then talk about profits on the premise that the principal is safe!
Easily earn over 37 pips profit on gold tradingYesterday and today, I insisted on giving you two signals. One is to short gold at the 2004 and 2007 positions yesterday; the other is to add a short position to gold again in the 2005-2007 area today. At present, they have successfully reached my expected profit target position of 1993. The total profit is more than 37 points, which is a very good number. I am very happy to have a good trading experience with everyone.
Although gold has tried to fall below the 1990 position, there is still short-term support in the 1988-1986 area below, so do not aggressively short gold at the 1990 position for the time being to prevent gold from rebounding again with short-term support; in addition, strong support is near the 1980 position. So after the gold pullback is in place, I will look for suitable opportunities to go long gold.
In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
