Gold short-term accelerated rebound on Monday, from the gold trend, gold prices may face the risk of pullback, the downside target looks around $1950, the upper is obviously suppressed by the 1960 moving average, without breaking above 1965, gold is unlikely to rise sharply for the time being. Gold Trading Strategies Today: XAUUSD:sell@1962-1965 ...
It is recommended to go short around 1960, stop loss at 1965, and hold the target at 1950. For long orders, first look at the situation of 1950 support breakout. Contact me for specific trading signals
It first formed a head-and-shoulders bottom, then started to rise, and then continued to oscillate near the resistance until now. 1955-1952 is support, but the strong support should be around 1943. I think this will be a watershed between long and short.
Gold layout analysis: At present, gold is in a unilateral trend under the influence of CPI. This morning the price went up all the way up to the 1962 line. From the current trend down. The bulls undoubtedly succeeded in counterattacking and reoccupied the main battlefield. Then you don't have to think about anything else. We also need to change our thinking...
The US financial markets had a half-day of operation on Monday and were closed on Tuesday due to the Independence Day holiday. As a result, there was limited trading activity at the start of the week. However, the price of GOLD managed to increase slightly on Monday thanks to the lower-than-anticipated ISM Manufacturing PMI report for June.
Yesterday, gold directly broke through the previous double top of 1935, which broke the previous standard shock range. Therefore, the trend of trading is a bit unclear, and the long and short positions are a bit difficult to ride. Although it has broken through 1935, there is no unilateral pattern, so it is difficult to be optimistic about a big rise, but it has...
Today's CPI is bullish for gold, gold has soared, and now it has fallen back. There is support in 1941, and there is also support in 1939-1933. Under the bullish trend, l backtest support is an opportunity to go long. Resistance in 1966-1972.
Very important points, if gold breaks the 1964 zone, then trend change and the structure of the market will be changed, and we will wait for the confirmation candles on H1, M30 to put a buy trade, but as per the behavior of the markets, the 1960–1964 zone is a strong Resistance zone, and markets have already tested and given respect to the level. Now wait for the...
The US Dollar Index (DXY) has remained steady at around 100.50 after a five-day decline. The United States Consumer Price Index (CPI) has softened, reducing concerns about a potential recession. The US Producer Price Index (PPI) data will be closely monitored on Thursday. Regarding interest rate guidance, Commerzbank economists noted that inflationary pressures...
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.
Good morning, friends, in terms of the trend of gold yesterday, it did not continue the upward trend of last Friday. Instead, it went deep V-shaped in the US market time period, with an upward trend of falling first and then rising. This is also the completion of my transaction yesterday. Signal, take a profit of 8 US dollars. At present, my point of view remains...
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Gold moved closer to the $1,900 average on Friday after a weaker-than-expected US June jobs report suggested the Fed's hawkishness had eased, as its policymakers The central bank sat down to assess the next rate in three weeks. This week, a daily close below the $1910-$1900 range will prolong gold's correction, pushing it towards $1885 -$1866 -$1845. On the...
In the morning, analyze the shock from 1910 to 1930. In the consolidation stage, go long at 1921, TP at 1927, and then short at 1927/1930 respectively. The market is not much different from the trend I updated on the TV public screen and the old post. If you are short like me, then you must feel that gold cannot go down, and it will stop when it falls to 1926 at...
Gold's current rebound is in place, and it will continue to fall in the future. 1930 will be directly short, bearish! It can be seen from the gold 4-hour level that after this rebound hit the suppression of the long-term moving average, it encountered resistance and called back! Before the pressure of 1935 broke through, the short trend of gold remained...
Hello, according to my analysis of the gold market. There is a good opportunity to buy now. Reasons for entry are explained in the analysis
Yesterday, I went long first and then shorted. The BUY1906 and SELL1912 provided by gold all arrived near TP to close the order. Next, before the gold entity falls below 1900, the gold will be long and then short! Gold once again recorded the bardo line on the daily line yesterday and closed at the 1907 line. The entity broke the previous low of 1920 line and the...
As far as today's market is concerned, looking directly at the picture, the current upper pressure level is gradually lowering, and the short-term focus is around 1930. If it breaks through 1930, then rebound and continue to focus on the 1940 area. With a lower weekly close, we're leaning toward another bottom this week. Therefore, in terms of operation, today it...