On the 15-minute chart for gold, the MACD is about to form a golden cross, which is a bullish signal. We entered a long position accurately near 1847 and are currently holding it, waiting for the first take profit level near 1853. Thank you for your attention and support, please stay tuned as I will update our trading strategy at any time!
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...
Currently, gold has reached the short selling position of 1819 mentioned in the previous article, so the strategy is to directly enter a short position. It is recommended to short around 1819, with a stop loss at 1826 and a target price of 1809, which is our previous long support level. Investors can choose their own profit-taking points according to their...
As expected, gold traded within the range of 1813-1823 in the last few hours yesterday and fell below 1813 today. Therefore, our first target is around 1804, as the trend has turned from bullish to bearish. When trading, it is mainly focused on shorting at high levels. The chart is based on a 30-minute interval, and the first resistance to be faced today is...
Welcome . Gold is negative. Especially with a strong support breakout. 1825. Which indicates the weakness of the bulls and the continued dominance of the bears. There are more declines in the coming days. During tomorrow's trading session, the bears may press down and lead to more selling and push gold futures contracts towards the next support level at 1800....
We have entered a long position on Gold (XAU/USD) at 1809 and the current candle is showing a strong bullish momentum. Additionally, a Morning Star pattern has formed at the bottom of the chart, which is indicated by a bullish candle that engulfs the preceding bearish candle, followed by a Doji or spinning top. This combination of candlesticks is a signal of a...
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...
Hello everyone, today gold continued to fall after breaking through the support level of 1841, and there is currently no sign of a rebound. The key focus now is on the resistance around 1842. If it cannot be broken, the gold price will further decline to around 1830-1833. Currently, there may be many friends holding long positions in gold. Don't worry, first...
Hello everyone, on the 30-minute chart, gold is currently oscillating in the range of 1845-1851. The MACD indicator is temporarily in a golden cross formation, but its performance is relatively weak, and there are already signs of a death cross forming. This indicates an impending correction. On the 1-hour chart, the MACD is about to form a golden cross. If...
In the world of trading, the players control the game, the observers understand the game, and the participants play the game within the game. What goes up high enough will eventually fall deep enough, and what falls deep enough will eventually rise high enough. This is an eternal logic in financial markets, where the core lies in volatility that creates value...
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...
At presentthe, fluctuation range of gold was not significant, The main strategy today is still to continue buying with support at 1830 and selecting appropriate entry points. Shock stage,waiting for a breakthrough. Above the 1830 support in the morning, a small pullback can be directly used as an entry point for long positions. Breaking yesterday's high point...
Welcome . gold market . In very positive condition. With a very strong model. Head and shoulders. And break it with a very positive green candle. There is a lot of pressure from buyers to lift the market. To 1860 levels in the first stage. And the second stage 1870 Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...
Hello everyone, on the hourly chart, gold has formed a double bottom structure and forcefully broke through the previous moving average resistance and the consolidation resistance at 1850. There is no doubt that gold has turned into a bullish trend! Therefore, the only trading strategy is to go long! The target is 1870-1875, which is where the upper band of the...
From a technical perspective, gold is currently forming a head and shoulders bottom pattern. To confirm this pattern, the price of gold needs to rise to $1870 and not fall below around $1845 during the subsequent pullback. I believe the success rate of this head and shoulders bottom pattern is above 80%. At the same time, the announcement of February non-farm...
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...
Due to the release of the February non-farm payroll data, gold fell nearly $100. This month, we will soon face the baptism of another major non-farm payroll data, which is a great opportunity for gold traders. As long as we grasp the trend correctly, the profit from a single trade can be considerable. This data will be released on March 10th. As of the close...
As shown in my chart I think gold will head up to 1850 and then bounce if not I think it will reach 1850 and consolidate between 1830 to 1850