xauusd July 3 trading strategy
#xauusd Today is July 3rd. Every day I bring you accurate and perfect profit signals, I think today will not be a surprise
Today gold broke 2343. So there should be a new trend today.
Today's activity range of gold is between 2327-2371. Let's continue to talk about trading in two areas.
1/2327-2371 range
buy2329-2331/2333-23237 tp2350 (this price will be very safe, at the junction of the H dividing line)
sell2360-2365 sl2371 (breaking this price will no longer sell)
2/Outside the range of 2327-2371.
If the hourly line breaks through 2327, then gold will continue to fall.
sell23272-2325 tp2318 or more
Hourly line breaks through 2371. Then gold will continue to rise
buy2369-2371 tp2375 or more
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Goldprice
GOLD / Short trade opportunity!Hello traders!
As expected in the previous analysis, the GOLD reached the OB level and now I see a good opportunity to execute a short entry.
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Continue sideways ! Gold price stuck below $2350⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) continues with its struggle to make it through the 50-day Simple Moving Average (SMA) pivotal resistance and trades with a mild negative bias during the Asian session on Wednesday. The commodity, however, remains confined in a familiar range held over the past week or so as traders prefer to wait for more cues about the Federal Reserve's (Fed) policy path before placing fresh directional bets. Hence, the focus remains on the release of the FOMC meeting minutes later today. This, along with the Nonfarm Payrolls (NFP) report on Friday, might influence expectations about the Fed's future policy decisions, which will drive the US Dollar (USD) and provide a fresh impetus to the non-yielding yellow metal.
⭐️ Personal comments NOVA:
Gold price is still stuck in the fluctuating range of $2310 - $2350, waiting sideways for NF news this week
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2304 - $2302 SL $2297
TP1: $2310
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2348 - $2350 SL $2355
TP1: $2340
TP2: $2330
TP3: $2320
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAUUSD - 1H Bullish momentumThe XAUUSD (Gold) chart analysis shows that Gold couldn’t consolidate below the $2300 mark after multiple attempts.
Now, it’s consolidating above the $2320 zone, indicating strong support. Given this consolidation over the support zone, there’s potential for Gold to rise and break through the resistance zones.
If the bullish momentum continues, we could see Gold targeting higher resistance levels, suggesting a favorable environment for buyers in the short term. Keep an eye on the resistance zones for potential breakouts.
GOLD ( UNDER EFFECT NEWS ) ( 4H ) XAUUSD
HELLO TRADERS
Tendency the price breakout resistance trendline , indicates the price is under bullish at 2,337 $
RESISTANCE LEVEL: there is a blue line around 2,365$ , indicates selling have already increase this level .
SUPPORT LEVEL : there is a red line around 2,337$ , indicates buying have already increase this level .
PRICE MOVEMNET : the price between support level and resistance level , in my opinion after the price breakout the resistance trendline price stabilizing bullish , so the price retest a support level at 2,337$ , after rising to resistance level at 2,365$ , then stabilizing this level reach 2,386$ .
if the price breaking support level by open 4h candle below 2,337 $ easily to reach 2,320 $ .
TARGET LEVEL :
RESISTANCE LEVEL : 2,365$ , 2,386 $
SUPPORT LEVEL : 2,337$ , 2,320 $
GBPUSD analysis week 29GBP/USD ended the session in a relatively tight range below 1.2650 after the US Bureau of Economic Analysis released data on the Personal Consumption Expenditures (PCE) price index, the preferred measure of inflation of the Federal Reserve (Fed). Despite the UK's positive GDP report, it still cannot lift the strength of the GBP too much,
After recovering from the week's low hit last Wednesday, the GBP/USD pair limited losses and remained below the psychological level of 1,270, a key threshold for buyers to regain control. Sellers are also under less pressure as they face strong support at the 1.256 area because there is a gap in liquidity at a fairly wide price range. Previously, at the support area of 1,260, the profit-taking area of investors last month was also an area to pay attention to for scalping signals.
The relative strength index (RSI) shows that sellers remain in control, meaning more losses are expected.
Support: 1,260 -1,256
Resistance: 1,269 - 1,273
Trading signals:
SELL GBPUSD zone 1.273-1.275 SL 1.277
BUY GBPUSD zone 1.256-1.254 SL 1.252
This time it is a decline. The gold price will test around 2300
MCX:GOLD1! COMEX:GC1! OANDA:XAUUSD NYMEX:WTI1! BINANCE:BTCUSDT BYBIT:BTCUSDT.P TVC:DXY NYMEX:MCL1!
I believe many people still don't know how to trade gold. In fact, in terms of operation. The short-term pressure position of gold, 2332-2338, has always been a heavy pressure position. It is not difficult to see from the chart that the pressure is very high. Observe the overall trend. At present, gold is still showing a downward trend, and every sharp rise is based on major news. So what if there is no news support? We need to judge based on the trend and then make the right transaction. I think the gold price will continue to fall today. The current position is around 2330. It is a good selling point. I think the space below will test the low again. If you like to trade gold but don’t analyze the market or trade independently. You can refer to my instructions.
This is just a signal. If you want to expand profits or recover losses in a long-term and stable manner. Join the guidance class. You will have different gains.
Stay tuned.
XAUUSD ( UPWARD ) ( 4H )XAUUSD
HELLO TRADESRS
Tendency the price will trying to touch turning level before long , indicates a price is under bullish pressure .
TURNING LEVEL : a gold rectangular between resistance and support level , a round 2,317$ , which indicates two cases , the first cases until the price breaking this level reach a support level , the second case the price trade above this level reach resistance level .
RESISTANCE LEVEL : a green rectangular , an area above the turning level around 2,345 $ , indicates selling have already increase at this level .
SUPPORT LEVEL : a red rectangular , an area below turning level around 2,300 $ , indicates buying have already increase at this level .
PRICE MOVEMENT : the price is under bullish pressure until trade above turning level at 2,317 $ , it will attempt to reach resistance level at 2,330 $ , then trade above this level reach next target at 2,345 $ , if the breaking turning level reach to support level 2,300 $, then stable below this level reach next target 2,278 $ .
TARGET LEVEL :
RESISTANCE LEVEL : 2,330 $ , 2,345 $
SUPPORT LEVEL : 2,300 $ , 2,278 $
EURUSD Buyas in my previous analysis lastly i have told that EURUSD will go buy if the pair break counter trend line and we have seen that the pair have broken the trend line and we have enjoyed the upper rally yesterday and today as the market had opened Gap Up we were waiting for the pair to reach to our POI and the pair has reached there the Gap is filled market is going upwards price action also gives the confirmation and on support its double bottom too so we are long here
Transaction entry passed My market review. USD:
- The USD will be greatly influenced by JOLTs data on job vacancies and statements by Mr. Jerome Powell, Chairman of the US Federal Reserve (FED).
- If JOLTs data shows a strong labor market and Mr. Powell appears optimistic about the economy, the USD could appreciate on expectations of higher interest rates.
- In addition, if JOLTs data is weaker than expected and Mr. Powell is concerned about the economy, the USD may decline due to expectations of loose monetary policy.
. World gold price:
- Gold prices often fluctuate due in part to the impact of the USD and are considered a safe asset amid economic concerns.
- If the statements of Mr. Powell and Ms. Lagarde show concerns about the economic situation, gold prices may increase as investors look for safe assets.
- However, if the market is optimistic about the economy and expects higher interest rates, gold prices may come under downward pressure.
XAUUSD - GOLD - Scalping Mode! 1th JulyLet's see what the market has to offer.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GOLD ( UNDER BULLISH PRESSURE ) ( 4H )XAUUSD
HELLO TRADERS
Tendency the price attempt to closer a resistance trendline , indicating the price is under bullish pressure , if the breaking this trendline the price stabilizing a bullish zone
RESISTANCE TRENDLINE : a gold line , indicating the price breakout this trend active bullish zone , but stabilizing below this the price attempt to reach a turning level then a support trendline
TURNING LEVEL : a blue line a round 2,326$ , which indicates two cases , the first cases until the price trade above 2,326$ reach a resistance level , the second case the price breaking 2,326$,the price reach support level
RESISTANCE LEVEL : a green line , an area above the turning level , the gold price area for the resistance level 2,345$ , selling have already increase at this level
SUPPORT LEVEL : a red line , an area below turning level , the gold price for the support level 2.302$ , buying have already increase at this level
price movement : the price is under bullish pressure until trade above turning level at 2,326$ , it will attempt to reach resistance level at 2,345$ and 2,360$, if the breaking this level the price trying to reach a support level at 2,302$ and 2,288$
TARGET LEVEL :
ENTRY POINT : 2,326$
RESISTANCE LEVEL : 2,345$ , 2,360$
SUPPORT LEVEL : 2,302$ , 2,288$
Go long gold directly
From the hourly chart, short-term bulls are strong, and the green column of the MACD indicator begins to increase, initially forming a golden cross pattern;
So you can go long directly, and the target is 2340 first. Later data will most likely further boost the gold price, and gold may continue to rise.
If you agree with my trading ideas, welcome to follow, join the channel to get free accurate strategies directly
XAUUSD:28/6 Analysis and StrategyGold technical analysis
Daily resistance 2340-70, support below 2277
Four-hour resistance 2340, support below 2277
Gold operation suggestions: The overall price of gold has stabilized at the 2300 integer mark. At present, the technical side is likely to maintain a wide range of fluctuations in the 2300-2340 area.
From the analysis of the 4-hour line, today's lower support continues to focus on the neckline of yesterday's hourly line near 2313-2315. If it falls back during the day, we will first look at this position to rebound. The upper short-term pressure focuses on the vicinity of 2337-2340. We will rely on this range to maintain high selling and low buying during the day, and maintain the trading idea of range consolidation in the short term.
BUY:2313near SL:2310
SELL:2340near SL:2343
Technical analysis only provides trading direction!
Analysis of gold price trend on Friday Gold fluctuated in a narrow range in early Asian trading on Friday and is currently trading around 2323. Gold prices rose $30 from their lows on Thursday. As the dollar weakened, the market focus turned to key US inflation data for clues about the direction of Fed policy.
The number of Americans filing for unemployment benefits fell last week, but continuing claims jumped to the highest level in two and a half years in mid-June, suggesting that labor market conditions are loosening amid slowing economic growth. Other data released on Thursday highlighted weakening economic momentum, with business equipment spending falling in May and a widening goods trade deficit due to falling exports. The series of weak data increased the likelihood of a rate cut by the Federal Reserve in September after a sharp slowdown in economic growth in the first quarter.
The weak economic data supported expectations that the Federal Reserve will start cutting interest rates this year, putting pressure on the dollar, and gold prices rose sharply by nearly $30 after a sharp drop in the previous trading day. On Friday, investors will usher in the most important economic data of the week, the U.S. PCE inflation data, which is expected to cause sharp market fluctuations.
Friday is still based on the idea of wide range fluctuation. Technically, the daily line still maintains the discontinuous red and green alternating pattern, and the price returns to the MA10 daily moving average position of 2328, but the daily moving average does not form a golden cross and open volume, and the RSI indicator is still flat above the central axis. Similarly, the weekly line suppresses the MA10 daily moving average position of 2335, and the monthly line has the highest probability of closing at the cross line. Today's trading of gold will first see whether the long-short watershed of 2330 can stand firm!
Asian trading strategy:
Short-term gold 2310-2312 long, stop loss 2300, target 2330-2340;
Short-term gold 2330-2333 short, stop loss 2341, target 2310-2300;
Note: The above strategy was updated on June 28. This strategy is an Asian strategy, please pay attention to the validity period of the strategy, the US market strategy is waiting for update
USDJPY still continues to riseUSD/JPY maintained its decline near 160.50 during the European session on Thursday, eroding some of Wednesday's surge. The pair was dragged down by widespread risk aversion and Japan's verbal intervention, supporting the Japanese Yen. The focus now is on potential foreign exchange intervention and US data.
The Japanese yen (JPY) weakened again on Wednesday in a nearly 10-day losing streak with only one interruption in its advance. Traders are dipping their toes in the water to see if Japan's Ministry of Finance will intervene in the foreign exchange market. Meanwhile, the Bank of Japan is still unclear when, how and whether it will cut its debt purchase program.
The USD/JPY pair is flashing a red warning light when the price action gets too hot. The best evidence is the Relative Strength Index (RSI), which is close to overbought conditions on the daily chart, while the 160.00 magic level, where Japanese authorities last intervened, is very close. Don't expect an immediate knee-jerk reaction, as authorities will want to see whether US data on Thursday and Friday can trigger some easing without having to stick their necks out to intervene. Are not.
EURUSD analysis week 28EUR/USD continues its downtrend and trades in negative territory below 1.0700 as the US Dollar benefits from upbeat data during the US trading session. S&P Global reported that economic activity in the US private sector continued to expand at a strong pace in June.
The risk-averse market atmosphere has helped the US Dollar (USD) gain strength, forcing EUR/USD to stand firm. Disappointing PMI data from Germany and the Eurozone weighs on the Euro find a need. Late Friday, S&P Global released preliminary US Manufacturing and Services PMI data. US PMI data is better than expected, USD could maintain its strength into the weekend and cause EUR/USD to fall below 1.0700.
EURUSD's retracement is close to the critical support level of 1.065. The uptrend was almost broken when the 1,070 level was completely broken. If EUR/USD falls below 1.065 and takes it as resistance, the slide could extend to the 1.062 two-month low.
On the upside, 1.0700 (psychological level, static level) can be considered as temporary resistance ahead of 1.0730 (61.8% Fibonacci retracement, EMA 34 and EMA 89) and 1.0780 (50% Fibonacci retracement).
Resistance: 1.073-1.078
Support: 1,065-1,062
Trading signals
SELL EURUSD: 1.078-1.080 SL 1.082
BUY EURUSD: 1.062-1.060 SL 1.058
GOLD - Potential short !!Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. I wait price to continue the retracement to fill the imbalance higher and then to reject from bearish order block.
Fundamental news: Upcoming week on Friday (GMT+3) we have NFP and Unemployment Rate in USA, news with high impact on currency.
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GOLD - Short trade forecast / Sell trade opportunity !Hello Traders!
I am looking for a short trade from the supply & OB resistance zone. I expect to see a 50% retracement which could be turned into a 2R profit target.
Keep in touch and all eyes are on the next move 👀
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea!
Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
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WHAT'S THE PLAN? GOLDHonestly the plan is pretty easy for GOLD. I have no doubt we are going up (this doesn't mean that you open a random buy) and i want to accumulate longs in the next weeks. Actually, most retails are long on XAU, and that's a good sign we will go down first, but every dip is a gift to add longs. China is buying, large speculators are buying, what are you going to do?
XAUUSD: 27/6 Analysis and StrategyGold technical analysis
Daily resistance 2340-70, support below 2277
Four-hour resistance 2320, support below 2287-2277
Gold operation suggestions: The overall price of gold fell on Wednesday. The highest price rose to 2323, the lowest fell to 2293, and closed at 2297. Looking back at the performance of the gold market on Wednesday, the price fluctuated in the short term after the opening in the morning, and then the price fluctuated and fell. The price did not break the high point in the morning, so the overall price was weak. The second rebound in the US market continued to encounter resistance at the 2317 mark, ushering in an accelerated decline in shorts. Finally, the gold price accelerated downward to break through the 2300 integer mark and reached 2393. The weak rebound closed, and the daily K-line closed with suppression and fell, and the overall price formed a very clear short-term unilateral downward rhythm.
From the 4-hour analysis, the short-term bull-bear strength watershed is 2320. A breakout and stabilization of this position at the daily level represents the end of the decline.
SELL: Near 2340
SELL: Near 2320
SELL: Near 2287
Technical analysis only provides trading direction!
PCE keeps gold stable above $2300⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) struggles to grow from a recent bounce, meeting new supply in Friday's Asian session. A resurgent US Dollar (USD) reaching a two-month high is hindering the commodity's progress. However, potential Federal Reserve interest rate cuts and geopolitical uncertainties in the Middle East and Russia-Ukraine provide support for the safe-haven XAU/USD.
⭐️ Personal comments NOVA:
Gold price is still accumulating at the end of June 2024, sideway around $2300 - $2340
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2304 - $2302 SL $2297
TP1: $2310
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2340 - $2342 SL $2347
TP1: $2330
TP2: $2320
TP3: $2310
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest