Gold Trading Strategy Essentials for Tuesday, September 9th:

13 hours ago

I. Core Drivers and Risks (Fundamentals)
Bullient Factors Dominate:
Expectations of a Stronger Rate Cut: The US August non-farm payroll data fell far short of expectations, leaving the market with near-100% expectations for a 25 basis point rate cut by the Federal Reserve in September. A weaker US dollar and falling US Treasury yields continue to favor gold.

Strong Safe-Haven Demand: The escalating Russia-Ukraine conflict and heightened global geopolitical risks are boosting gold's safe-haven appeal.

Solid Structural Support: Continued gold purchases by global central banks (such as the People's Bank of China) provide long-term support for gold prices.

Potential Risk Points:
Data Risk: US CPI and PPI data will be released. If inflation data exceeds expectations and is strong, it could weaken expectations of a rate cut and weigh on gold prices.

Technical pullback: The price of gold has risen sharply this year, and the short-term technical indicator (RSI) has diverged, and there is pressure for a technical pullback.

Federal Reserve Signals: Be wary of volatility triggered by any hawkish signals in the outcome of the interest rate meeting or the policy statement.

II. Key Technical Levels (Spot Gold)
Current Price: 3645
Resistance: 3658 (Recent High) → 3700 (Psychological Barrier)
Support: 3620 (Initial Support) → 3600 (Key Psychological Level) → 3550.46 (Strong Support)

III. Trading Strategy and Risk Management
Overall Approach: The medium- to long-term bullish trend remains unchanged, but the market is currently at a critical resistance level. Avoid chasing highs. The primary strategy is to buy on dips after pullbacks, supplemented by using a very light position to capture short-term pullbacks.

[Primary Strategy] Buy on Pullbacks
Entry Area: Expect a small long position when the 3600-3620 range stabilizes (for more cautious traders, wait for the 3550-3570 area).
Stop loss: Place it at $8-10 below the entry level (e.g., for a long order at $3,600, the stop loss is set at $3,590-3,592).

Target: First look at 3650 - 3658, after breaking through, you can hold and look up to 3680 - 3700.

[Supplementary Strategy] Aggressive Short-Term Selling (Experienced Traders Only)
Entry Signal: A rapid price rise to 3658 or above, accompanied by clear resistance signals (such as a long upper shadow on the 15-minute/1-hour candlestick chart or a top divergence on the RSI).
Position: A small position.
Stop-loss: Must be set strictly $5 above the entry level (e.g., for a short position at 3660, stop-loss at 3665).
Target: Enter and exit quickly to capture 20$-30$pullback profits (such as around 3630).

[Risk Management Tips]
Position Management: Risk exposure on a single trade must be strictly controlled within 1-2% of total capital.
Forced Stop-loss: A stop-loss must be set on all trades to prevent unexpected large losses.

2 hours ago

Trade active

Gold Trading Strategy
Core Theory: Bullish with the trend, go long on pullbacks to key support levels.

I. Key Technical Levels
Short-term Strong Support: Around 3630-3635
Downward Core Support: 3610-3613
Bull Vital Line: 3600 (Daily Strength Dividing Line)

II. Trading Strategy
Direction: Long
Trading Plan:
Entry Area: Go long when the gold price retraces to the 3625-3630 range.
Risk Control (Stop-Loss): Set the stop-loss at 3617.

Target Price:
First Target: 3675-3680.
Subsequent Action: If the price successfully reaches the first target and breaks through strongly, continue holding, eyeing higher resistance levels.

III. Logic Summary
Trend Analysis: The current market is in a bullish trend, and the underlying strategy is to "go long with the trend."
Support: The 3610-3635 area is a key intraday support zone, while the 3600 level is the final line of defense maintaining the daily bullish trend. As long as the price stabilizes above this level, the bullish trend remains intact.

Risk-Reward Ratio: This strategy's entry point, stop-loss, and target points are well-designed, providing a good risk-reward ratio.

IV. Risk Warning: If the gold price unexpectedly falls below the 3,600 mark, the current bullish trend will need to be reassessed, and the strategy may become ineffective.
Please pay attention to controlling your positions, strictly set stop-loss orders, and guard against market volatility risks caused by sudden news.