seize the opportunity of trading in the gold volatility range!After yesterday's rally and closing positive, gold has so far emerged from a bottoming and rebounding market today, reaching a minimum of 1958.75. It is currently trading near the 1966 position. Judging from today's short cycle, gold prices have not achieved a breakthrough and have been under pressure. In the falling market, gold did not fall to the 1930 area again, and the 4-hour range fluctuation is still there.It is expected that gold will fluctuate in a large area from 2000 to 1950, which is a high probability.
From the fundamental point of view, although the banking crisis has been alleviated, the economic recession and the geopolitical risk-averse market are still there, so it is destined that gold will continue to be in a high and volatile market.
Short-term trading reference:
1.Sell gold near the 1973-1974 position, stop loss level 1979, take profit level 1960-1955
2.Buy gold near the 1952 position, the stop loss level is 1949, and the take profit level is near 1966
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Goldlongterm
Gold will fall again
A bull fell in love with a cow, and the cow said, if you can guard under my roof for 100 days, I will accept you, so the bull guarded the cow under the roof for one day, two days, three days, until ninety After nine days, the bull left. The mother cow asked the bull why she didn’t persist for the last day. The bull’s answer was very touching. I used ninety-nine days to prove my sincerity, but I used the last day to defend my dignity. No matter how rare I am to you, treat you well, if you don't cherish me, I will let you go. Whether it is a business, a friend, a lover, or a family relationship, this is the case. Only when you know how to cherish each other can you deserve it! The bull asks the cow if you are ashamed!
Let's look back at gold. Now there is a high probability that gold will fluctuate in the large area from 2010 to 1930, so it is enough to pay attention to the gains and losses of the 1996 position in the middle. So today’s operation is very simple. Recently, gold is suddenly pulled up in the US market. The next day’s adjustment is repeated. This will give you a drop. It’s OK. When you get used to it, you will suddenly go away and never look back. Now gold is protected by banks, and at the same time, European rallies are avoided. Risks, as well as the wait for the Ukraine crisis, doomed that the current gold is relatively volatile relative to historical highs, but the rise in the US market is due to continued poor momentum, so there is no need to chase more.
Therefore, if the midline is aggressive, you can go short in 1980-1985, enter in 1993, and target 1955-1930-1915-1900. Without breaking through the 2000 area in a row, the daily line has formed an irregular double top! At present, as long as it does not break through 2000, it will still rebound. After all we all know that the 1867 gap has not been filled. It is enough for us to focus only on 1985 and 1996.
Of course short-term 1962-1965 can be sold, TP1: 1950 TP2: 1945
OANDA:XAUUSD COMEX:GC1! VELOCITY:GOLD
Gold prices are higher and are expected to hit 2010 points againDue to the Federal Reserve's hint that it is about to suspend interest rate increases, and Yellen's speech created a warming of bank risks, gold today continued yesterday's rally and edged higher again.The overall trend showed an incremental increase, reaching the highest level of 1983.7.
Judging from the trend of gold prices, yesterday's daily gold line closed as the mid-yang line, recovering all the mid-yin K-lines of the previous day. After the daily double-yin adjustment, the positive K-line recovered, and there were slight signs of a stop in the short-term, and the local area will temporarily enter a high level of volatility.It may remain in the high range and pull the saw back and forth, entering a daily-level shock correction.
Judging from the 4-hour level chart, the current short-term support is relatively firm, and the upper side is initially facing the first-line pressure of 1985, and the lower short-term support is on the first-line of 1965.Judging from the fragile sentiment of the market, gold still tends to rise. If it effectively stands above 1985 in the process of rising, the gold price is expected to hit the recent new high near the 2010 position again.
In the short-term treatment, the lower support is near 1965, and the initial pressure above is near 1985.
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Safe-haven buying may push gold prices to new heightsDuring the Asian session on Monday (March 20), gold bottomed out and rebounded. It had previously fallen to around US 1,968.18 per ounce due to technical adjustment needs, and over the weekend the Federal Reserve and the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank and the Swiss Central Bank jointly took coordinated actions to enhance market liquidity. UBS agreed to acquire Credit Suisse, which once cooled risk aversion, but this optimism quickly subsided, and buying on dips helped gold prices reverse their decline, and they are currently trading near US 2,000/ounce.
It is expected that gold prices will continue to be supported by safe-haven buying, and the market is also paying attention to the Fed's interest rate decision to be released this week. The market expects to raise interest rates by only 25 basis points. The wording is difficult to be hawkish. It may pave the way for the next meeting to suspend interest rate increases. The market expects the Fed to cut interest rates before July, which is also expected to provide opportunities for gold prices to rise further.
Judging from the trend of gold, it is currently in a unilateral upward momentum. At present, the gold price has exceeded US 2,000/ounce, and the strong bulls have sufficient strength. In the absence of a greater weakening of the bulls, the short-term structure still maintains long expectations.If you change the bullish expectations of the bulls, it will require a greater reverse operation or obvious market news impact. Therefore, the short-term structure will still maintain the long-term expectations. Before there is a clear short signal, it is not easy to change the direction of the trend structure.
In addition, the intraday chart shows that the weekly trend point is above the 5-day moving average of the daily cycle 1960. As long as it does not fall below the support of this point, don't think that gold can have room for a sharp decline.For the intraday market, gold did not continue the rise at the end of Friday at the opening of the market, but fell back and adjusted. The current lowest is near 1968. Since the decline is not strong, then in the short term, the 1968 line supports bullish, and can be adjusted upward appropriately.
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
The 3 Dimension Trading / Investing 3D Investing or Trading = Technical Analysis + Depth Analysis
Depth Analysis:
• Macro analysis or / and
• Micro analysis or / and
• Other analysis
See the following video "3rd Dimension Analysis" link for other analysis.
Many use either technical or fundamental analysis alone in their research work, I observed they likely to struggle with confidence to make the entry judgement call. We can develop a greater confidence in how we time the market by combining TA + FA.
3 types of gold for trading:
• COMEX Gold
0.10 per troy ounce = $10.00
• E-mini Gold
0.25 per troy ounce = $12.50
• Micro Gold
0.10 per troy ounce = $1.00
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Short gold immediately
The 1830 short position on gold has been closed for profit. What can we do now to maximize profits? Looking at the short-term trend, a death cross has formed on the 15-minute chart, and with continued weakness on the 15-minute chart, a death cross on the 30-minute chart is also about to form. Therefore, it makes sense to sell at this point.
My personal trading strategy:
Enter a short position at the current level, with a target of 1820.
During the profitable process, investors can choose their own profit-taking levels based on their risk tolerance.
Liking, commenting, and subscribing are your biggest encouragement to me. Find me to make trading easier! You are also welcome to check out my other ideas below.
OANDA:XAUUSD FXOPEN:XAUUSD
Can gold still rally?
In trading, we may have short-term profit goals, but long-term goals are built on the foundation of short-term profits. Without short-term profits, long-term goals are meaningless. Therefore, we need to balance short-term and long-term goals to achieve steady and sustained profitability.
After Powell's speech, gold continued its downward trend and hit a one-week low around $1809. The question of whether it will continue to rise is a concern for many traders.
I think there is an opportunity. First, the 50-basis-point rate hike in March is not set in stone. It is just a change in expectations. As Powell said, we need to pay attention to data, especially this Friday's non-farm payroll report. If employment data is weak on Friday, it does not support the Fed's continued high-intensity rate hikes. At that time, the expectation of a 50-basis-point rate hike will also cool down, and the gold price will rise accordingly. Secondly, from a medium to long-term perspective, I am still optimistic, because after multiple 50-basis-point rate hikes, the Fed's terminal interest rate is relatively high now, and it should be difficult to continue to raise rates by 50 basis points. Therefore, the big cycle will gradually slow down the rate hikes.
Overall, I think there is no need to be too pessimistic. Short-term adjustments will only make subsequent rebounds more powerful. There are many events this week, and the probability of continued volatility is high. It is expected that gold will begin to rebound next week.
For short-term trading strategies this week, we should first look at the support level of $1809 below, with the first target level of $1845 and the second target level of $1860. I will update the article with detailed price levels and trading directions based on the market situation. I also welcome everyone to express their opinions. Follow me to make trading simpler!
FXOPEN:XAUUSD TVC:GOLD COMEX:GC1!
Gold surged and then retreated, waiting to short at 1819.How to maximize profit in real-time gold trading today?
The gold market in the US session has been unable to hold its ground, with clear signs of weakness in the long positions, and the market is struggling to advance. The price briefly surged near 1822 but was quickly pushed down, with three failed attempts to break the resistance level. Overall, the market is in a weak consolidation phase.
On the 4-hour chart, the price is still under strong pressure, and the K-line has not been able to touch the moving average, indicating resistance to further price increases.
Therefore, my real-time short-term trading strategy focuses on selling short. I recommend buying a short position near 1819, with a stop loss at 1826 and a target price at 1809, the support level where we previously entered long positions.
Investors can choose their own profit-taking points during the process of making profits based on their trading styles.
Please note that the above is only a short-term trading opinion. If there are suitable opportunities, I will notify promptly.
Liking, commenting, and subscribing are your biggest encouragement to me. Follow me and make trading easier! Also, feel free to check out my other ideas below.
OANDA:XAUUSD FXOPEN:XAUUSD
Gold is bearish and $9 is in the bag
The Achilles heel of human psychology---fear and greed. Why is there fear, repeated failures, unprincipled stop losses, funds are inadvertently because the countless stop losses are getting less and less, so that they dare not start when they are right, hesitant, and keep doing it when they are wrong , Don't dare to do it! Don't dare to look at what is right, but keep watching when you are wrong. Why greed, greed is gambling, greed in the wrong direction can only lead you to the infinite abyss.
Now I would like to share my thoughts on shorting gold yesterday. Since the early fall did not touch the lower support, and the structure of the fall did not appear in a three-wave pattern, the main consideration yesterday was that the fall was much lower, but there was a rebound trend in the afternoon, which indicates that There will be a wave of falling back and the space is also in line with the profit-loss ratio, so the position that may be under pressure is given in advance in the morning. The rebound touches the 50%~61.8% area of the golden section, which is the node that may fall back. Around $9. When arriving at the 1841~1840 area in the evening, this is also the previous platform high point and the structure is completed at the same time, so try to do more risk control at $4, but the cloud of the chairman of the Federal Reserve's speech continues to suppress the short-term trend, and the long-term thinking here fails. The speech at 11 o'clock in the evening began with the hawkish interest rate hike speech. As soon as the market bulls gave up, the decline was logical. Therefore, judging from yesterday's operation, news factors can sometimes affect the development of local markets, so risk control must be given top priority at all times. One short, one long, one profit, and one loss are still profitable overall, mainly because Control the size and target of each stop loss. The current downtrend has become a second downtrend in advance, and the previous low will be tested or even broken in the past two days.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Missed Last Rally of GOLD? No Worries, Follow This Setup Good to see gold is following us
Hope this Analysis will help you guys to plan your trades
I see an Order Block area in Weekly Time frame and sooner or later it will be fulfilled
This area would be a good long area for those who missed last rally of gold.
Cheers
DYOR
Buy gold now.
Gold has support at 1830-32below, and it has basically returned to this level after the pullback. The distance between the moving averages and the K-line is relatively far, and the moving averages and the K-line have mutual attraction, indicating a likely return to the moving averages. Therefore, we can directly enter a long position at 1833 for gold. Are you ready? Opportunities do not always come, so we must seize them when they do.
Trading strategy: Go long on gold at 1832, with a stop loss at 1823 and a target of 1852.
Follow me to make trading simpler. FXOPEN:XAUUSD
Gold breaks through previous highs, bulls will continue to rise
The maple leaf ignited a fire in the forest, it was after experiencing the blow of the frost: the big tree stood proudly in the snowstorm, it was after taking deep roots in the soil: you——stand out and make a big splash, it is in After practicing calmly and steadily.
Gold chose to break through directly on Friday, and did not choose to fall back again in the 1844~1847 area. Now that the market has made a choice, it has opened up short-term upside space, and the next pressure is located at 1864~1873. For gold operation, it is recommended to buy at 1848, risk control at 1844, and target 1860~1864.
Gold is bullish for several reasons:
1. Gold breaking through the previous high means that the bullish trend is not over yet, and there is still room above the daily closing.
2. The pressure within the day is 1864~1873, and the support is 1849~1845.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
The bulls counterattack, can the non-farm week go up to 1900?
You understand when others don't understand, you act when others understand, you succeed when others act, and you become rich when others succeed. This is: extraordinary thinking, foresight. Smart people can understand, shrewd people can see accurately, and savvy people can see far. The voice of the wise is the direction of the fool. You must learn to give up what you should not have, otherwise you will not be able to enter the palace of wisdom. Prejudice is worse than ignorance
In the past week, the trend of gold price has basically revolved around the rebound of the bulls. The daily level performance closed positive for four days, and it even rose to 1856 at the end of Friday and then closed the line. On the weekly line, a big positive package was formed. The negative reversal pattern, which is what we reminded last week, is the long counterattack after the monthly line ends, which is exactly in line with expectations~
After the monthly line closes, the 5/10 daily moving average indicator at the monthly line level is still bullish in the mid-term. As I said, if the price of gold is above 1790, it is possible to arrange mid-line long orders, but it is a pity that the lowest retracement on Monday is only around 1804, and the mid-line long orders have not been able to complete the layout, but this week's short-term long-term profit is not small~
Although the weekly level of the 5/10 daily moving average is dead fork downward, the reversal of the Dayang K-line directly disrupts the track of the moving average indicator. Next week, the 5-day moving average will form a corner, so the weekly level is basically difficult. Now comes the suppression on the technical side. Lianyang rebounded on the same daily line. The fundamentals of gold at the beginning of next week will definitely be bullish. It is not too difficult for the technical side to be bullish above 1875. In the short term, there may not be any Larger pullback~
Next week will usher in the announcement of the super data ADP employment and non-agricultural employment population. At the beginning of the week, we continue to be basically bullish. With a population of 500,000, it is a major bearish force for gold and silver, but it is difficult to maintain the employment population above 500,000 this month. This is a potential bullish factor that stimulates gold prices to rebound before non-farm payrolls, slowing down the release of non-farm payrolls. Announcing the downward pressure on the US dollar at that time~
To sum up, whether it is before or after non-agricultural, I am personally optimistic about the performance of gold bulls. Before the data at the beginning of the week, it was bullish to the 1875-1885 area, and it is expected to hit the 190 mark within the week. The limit is the 1910-1920 area~
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Forecasting the future trend of goldDon't be indifferent to gentleness because of too much busyness, don't hide enjoyment because of too much pursuit, work is not the whole of life, stop in a hurry, please enjoy the blessings of life. have a good weekend
Last week, gold closed as scheduled, all profits.Congratulations to my friends
As analyzed during the trading week, gold was primarily bullish with pullbacks providing opportunities for buying. Essentially, all long positions were profitable, albeit with slight variations based on individual entry points. The overall trend direction was accurately captured. In the short term, gold is expected to remain bearish, and those with significant long positions should consider controlling their position size. For those who have questions or insights on the gold market, feel free to click on the rocket icon to join the discussion.
There are two principles in investment: first, don't lose money; second, never forget the first.
XAUUSD-GOLD Dear traders, hope you all doing great, this will possibly be the last sell entry be on XAUUSD, We have high impact news on XAUUSD and that is why we think, it would be a perfect area to sell gold and target 400-500 pips. We may have the buy limit set around 1780-85 as this is the area every trader is eying on.
-Trade Setup will only be valid if we have good rejection to ‘red marked area’.
-If price comes to area range enter with 50-60 stop loss.
-First target 100 pips once achieved close 50%.
-Do not enter earlier with bigger stop loss.
-Trade smart and wise.||
Good luck and Trade safe. Remember, Patience Pays.
Silver collapses, gold can be shorted near 1838
Gold's intraday rebound near 1838 was blocked, and it has now retreated to around 1830. Although gold is weak and the amplitude is not large, there is basically no rebound strength near 1830. For the related product silver, the silver daily line has fallen below yesterday's daily low point level , if proportionally speaking, gold may fall to the 1820 level
At present, the rebound of gold is weak. I think a few points of the small rebound can be directly empty, and it can be seen that it will be held near 1820.
At present, the amplitude is not large, either it will follow silver directly, or it will fluctuate slightly before and after the U.S. market data in the evening. Overall, silver is obviously weak, and gold rebounded yesterday. In reality, beware of the possibility of a gold rebound in one step
Friends can make their own suggestions
OANDA:XAUUSD
Gold: Short selling
Observing the 1-hour chart of gold, MACD indicator has shown a clear divergence.
The increase has reached as high as 40 US dollars from yesterday to today, so a short-term pullback is necessary.
Therefore, short-term trading will be bearish dominant, supplemented by bullish, until the correction is completed. From a long-term perspective, it is expected to rise until it reaches 1860 US dollars.
If you liked this idea or if you have your own opinion about it, write in the comments. I will be glad!
FXOPEN:XAUUSD
Gold a currency hedge assetThe 2 key reasons why gold keeps rising it is because
1) Gold is an inflation hedge asset
2) Gold is a currency hedge asset
Content:
• Gold is still an inflation hedge instrument
• Gold is also a currency hedge instrument
• How to invest & trade in Gold?
CME Micro Gold Futures
Minimum fluctuation
0.1 = $1
1 = $10
10 = $100
100 = $1,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Gold: Balanced 🌿Although Gold is gaining more stability while tapping sideways, it should work on its upwards momentum to carry on with our primary scenario. In this case it would rise up to the orange target zone to complete the orange wave iii. After completion, the orange wave iv should push the Gold back into a correction. In our alternative scenario with a probability of 45%, the course would drop below the support line at $1792 instead of climbing to the orange zone.
Gold Day AnalysForex and gold is a market full of potential but also a lot of risk, so practice and equip yourself with the necessary knowledge.
Our pivot point stands at 1912.00.
Our preference
The upside prevails as long as 1912 is support.
Alternative scenario
The downside breakout of 1912 would call for 1901.50 and 1895.50.
Comment
The RSI is trading above 70. This could mean that either prices are in a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case). The MACD is positive and above its signal line. The configuration is positive. Gold is above its 20 and 50 period moving average (respectively at 1911.30 and 1904).
Supports and resistances
1951.50 **
1945.50 *
1939.50 **
1933.00
1920.20 last
1916.00
1912.00 **
1901.50 *
1895.50 **
Number of asterisks represents the strength of support and resistance levels.