Although gold rose beyond expectations and broke through 2335 today under the stimulus of CPI data, we still won a big victory in the short position! We added short positions near 2332 and 2338 respectively. Gold fell back quickly after touching 2341, and we closed the position manually near 2325; then when gold rebounded to 2330, we shorted gold again and closed...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell during the Asian session on Tuesday due to a fresh supply. This decline comes after a slight recovery from a one-month low caused by positive US jobs data. The decrease in bets for an interest rate cut by the Federal Reserve (Fed) in September has kept US Treasury bond yields...
It is obvious that gold has been fluctuating and adjusting in the past two days, which is the same as we expected, but the amplitude is even smaller. The market rhythm is relatively slow, and it has been in a narrow range around 2315. Such a small fluctuation indicates that a big market is about to appear. Today is about to usher in the CPI + Federal Reserve...
From yesterday to now, the fluctuation of gold is not large. From the shape point of view, it is still in the repair stage. Therefore, before reaching around 2330, try to trade mainly in low-level long positions and wait for the price to reach above 2330. After the indicator is repaired, the probability of returning to the short trend is relatively high. At...
I said yesterday that gold will definitely be adjusted after the plunge last Friday. In the short term, we cannot only be bearish or bullish, but we must respond flexibly and buy low and sell high in the 2315-2285 range. Yesterday, the gold price rebounded to 2313 and began to fall. It fell below 2300 and then rebounded again. The fluctuation was not...
Today, gold still maintains the overall shock structure. In the short term, gold is in a weak rebound stage, but the rebound strength is relatively poor. Gold touched 2314 overnight and then fell again, and once fell below 2300 during the decline. From this point of view, the strength and space of gold's rise in the short term are limited, so in the past two days...
In view of the large negative line closing last Friday, there is still room for decline in the short term, and the overall trend is still biased towards the bears. What is needed now is to wait for the bulls to pull back and then continue to fall. The key short-selling position above is maintained at 2303-05, which is basically equivalent to the first low point...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
i am expecting bullish but first down move in xauusd
Here on Gold price has been falling after the news released of Non- Farm Payroll so it made some up moving this is like to fall after the retetest . So is expected to go for SHORT and apply money management.
Currently, gold has returned to the downward trend after Friday's plunge. As long as the trend does not change, then a rebound is a good sell opportunity. After the sharp drop on Friday, the gold trend will definitely be adjusted, so we can buy low and sell high in the range of 2315-2285. Now we should not rush to enter, wait for the rebound to the previous low...
Today, gold maintained a volatile correction. Although the fluctuation was not large, we still made relatively good profits in both long and short transactions. First, we bought gold near 2292 and set TP: 2300; obviously, gold successfully hit our target during the rebound; then we sold gold in batches near 2301 and 2308. When gold fell back to around 2302, we...
After yesterday's rise, the divergence of the gold indicator has been repaired. Today, it fell again and is currently near the small-level support. There is a rebound demand, and the resistance is near 2340. In the big trend, the shorts have more advantages. 2368 is still a strong resistance. Before that, 2352-2363 is an important resistance. In terms of...
Today is the first trading day after gold fell $100 in a single day. After the sharp drop on Friday, the bearish atmosphere of gold is quite strong. Today, gold rebounded after reaching the position of 2287, and encountered resistance near the position of 2298 several times. Relatively speaking, the rebound strength is weak. In general, gold is consolidating...
Gold successfully touched the resistance near 2368-2373 today. The current small level is retesting the support range of 2363-2352. There should be another rebound at that time. The resistance area to focus on first is still 2368-2373, followed by 2378-2383. The bullish target has been achieved, and the next focus will be the bearish target area of ...
The chart provided is of Gold Spot (XAU/USD) against the US Dollar, in a 4-hour timeframe. Here’s a detailed analysis and summary: 1. Trend Analysis: - The overall trend from early March to mid-May was upward, with gold prices rising steadily. - Recently, there has been significant volatility, with noticeable peaks and troughs indicating a correction or...
Gold seems to have succeeded in breaking the Resistance zone($2,373-$2,353) . According to the Elliott wave theory , Gold still needs to increase to complete its 5-wave uptrend. I expect Gold to start rising again after the pullback to the resistance zone and go up to Potential Reversal Zone(PRZ) . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not...
From the 1-hour level, MACD red column continues to increase, and the short-term trend is falling. You can go short directly, and the target is 2350. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions