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Goldtrend

Repeated cycle, timing is keyMarket fluctuations are oscillating about 70% of the time, and only about 30% of the time are unilateral upward or downward, so accumulating small victories into big victories is the magic weapon for long-term success. What we need to do is to plan our positions well, and make this investment with a plan, direction, and guidance. A good trader will make your investment journey smoother. How to operate in a volatile market? The ancients said: Do not do good things because they are small, and do not do evil things because they are small. If we move it to financial management, it can be understood as: Don't be too greedy, enter the market in batches. When entering the market and covering positions, the position should be small. Although the profit is less, accumulating small victories into big victories is the key to success. The investment philosophy is composed of the investor's psychology, philosophy, motivation, and technical level. It mainly includes: stability, patience, independent thinking, discipline, trend, etc. Judging from the current trend of gold, in the 4H cycle, it has touched 3330 many times under pressure, and the K-line has continuously closed with upper shadows, which is quite similar to yesterday's rhythm. So we must first look at the strength of the decline. The support below is at 3314 and 3306. In terms of operation, it should be treated as mainly long and auxiliary short. The upper pressure still focuses on the gains and losses of 3330.
OANDA:XAUUSDLong
by TP_Daniel
Gold shows signs of slowing down, are the bears ready?This wave of bullish pull-up is a complete rebound. With the help of the timeliness of fundamentals, the highest rebound only reached around 3330 and then began to fall. At this time, many people probably think that the short-term trend has begun to change. I still stick to my bearish thinking. The important target pressure is definitely around 3330. As long as this position is under pressure and falls back to 3280 again, it will be shaky. At present, the stop loss is based on the break of 3335. If it really breaks, it will be similar to the break of 3280. Even if 3340-3345 is short, it is also a short-term bull correction. If the falling channel is broken, I can't convince myself to continue to be short and stick to it. Once 3335 breaks, I can really confirm the reversal of the short-term trend. Then 3280 will also be the bottom of the medium term. In short, since I am shorting near 3320-3330 in the direction of the band and the short-term negative, I think that the stop loss will be given to 3335. The stop profit target is uncertain. The channel has not been broken. Now the short-term long and short conversions are frequent. It is definitely the best choice in my own trading system. No one will win all the time. It is too fake to win all the time. Make your moves according to your own ideas without regrets. If this wave of strategy verification fails, everyone is welcome to supervise. We dare to take responsibility and review every judgment.
OANDA:XAUUSDShort
by TP_Daniel
1
The risks of shorting at low levels have been informed!Today, I have reminded you many times not to chase short positions at low levels. Now you can see that gold has bottomed out and rebounded. We also bought gold in batches at 3285-3295, and the long positions also made perfect profits. I believe that friends who follow my articles can see that I have always emphasized not to short at low levels. It is also obvious to everyone that we bought long positions near 3295-3285. In the future, we will continue to pay attention to the suppression of the upper 3318-3325 line. If the rebound does not break, we will look for opportunities to short. I hope everyone can grasp the entry position and hold the profit. The rebound will first look at the previous break point of the 3325 line, and then short when the rebound is suppressed! If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate with me! From the current analysis of gold trend, today's upper short-term resistance focuses on the hourly top and bottom conversion position of 3318-3325. The intraday rebound relies on this position to go short once and look down. The lower short-term support focuses on 3280. The overall support relies on the 3280-3325 area to maintain the main tone of high-altitude low-multiple cycles. In the mid-line position, keep watching and do less, be cautious in chasing orders, and wait for the opportunity to enter the market after the key points are in place. Gold operation strategy: short gold rebounds near 3318-3325, target 3305-3295.
OANDA:XAUUSDShort
by TP_Daniel
1
Gold lures shorts, mainly depending on the rebound.On Monday, the gold market rebounded. The root cause was that Trump sent tariff letters to 14 countries at one time. Even allies such as Japan and South Korea were not spared and were subject to high tariffs of 25% to 40%. This "extreme pressure" trade method instantly ignited the market's risk aversion sentiment. Funds poured into gold, pushing up gold prices. The market quickly saw through the "routine". On Tuesday, Trump extended the tariff deadline from July 9 to August 1. This delay was seen as a signal of "surrendering" under trade pressure, and trade tensions were eased. The safe-haven demand dissipated like a receding tide, and gold was sold off violently, plummeting by $35 in a single day, a drop of more than 1%, and the lowest fell to $3,287.2 per ounce. On Tuesday, the price of gold showed a trend of rising and falling. It reached a high of 3245 in the morning and then gradually fell. It fell to 3287 and then stopped falling and rebounded. As it failed to break through the key resistance level of 3345 and the price continued to be unable to stand firm on the middle track, the bulls' rebound momentum was insufficient. Yesterday's daily line closed with a large Yin line in the engulfing pattern. This K-line combination indicates that the gold price may continue to fall today. The focus below is on the support strength near the lower track 3280. The upper resistance level needs to pay attention to the 3320-3330 range. Today's daily closing is crucial. If the real big Yin line continues to close, it may drive the Bollinger Band to open downward and further open up the downward space; if the closing can stand above 3330, the short-term downward trend may end and the market is expected to restart the rise. From the weekly perspective, the gold price showed an obvious oscillation pattern this week. After rising on Monday, it fell back on Tuesday. The bulls and bears fought fiercely but failed to gain a decisive advantage. Although the current market is weak, the price is close to the important support area. In terms of operations, it is recommended that under the premise of controlling risks, you can now pay attention to the opportunities to buy on dips in the 3295-3285 area.
OANDA:XAUUSDLong
by TP_Daniel
Gold has a big win this dayNews: In the early Asian session on Thursday (July 10), spot gold fluctuated slightly higher, once regaining the 3320 mark, and is currently trading around $3323/ounce. On Wednesday, gold prices rebounded strongly after hitting a two-week low of 3282.61, closing at $3313.38/ounce, showing strong momentum for recovery. Trump extended the tariff agreement to August 1 and began to collect tariffs again. Although it eased market tensions, his remarks will not be extended after the expiration, and he issued tariff threats, which increased global trade uncertainty and pushed up risk aversion. The market is still facing economic and inflation concerns brought about by tariffs, which will also weaken the dollar and support gold prices. Analysis of gold trend: After the full-day trend of gold on Wednesday, the lowest price was 3282 and the highest price was 3322, with a range of $40, so the bullish strength has come out. However, Li Siyu would like to emphasize here that gold is in a bullish trend for the time being, but it is not an absolute unilateral trend, but a fluctuating trend under the bullish trend. There are opportunities both up and down on Thursday. If it rises, you can look at 3345, and if it falls, you can look at 3285. Therefore, before there is an absolute strong unilateral rise, it is recommended that everyone keep looking at this wave of gold fluctuations. However, today's market is more important. Today is Thursday, and Thursday is often the node of the weekly change time. Today is likely to continue the rebound on Wednesday and continue to rise. From a technical point of view, the daily line closed positive under the rebound of 3282 and stood firmly above the lower Bollinger track. If it continues to close positive on Thursday, it is necessary to pay attention to the suppression of the middle Bollinger track, that is, the high point of 3345. After breaking through, there will be another wave of rise on Friday, and you can see 3365 and 3400. Therefore, today's gains and losses of 3345 are crucial. The strong rebound in the H4 cycle is quite obvious. When it falls, it is very weak and continuous. When it rises, it is very strong and continuous. It depends on whether the continuous positive trend on Thursday will continue. Now the K-line stands firmly on the middle track of Bollinger. If it continues to rise, the high point of the upper track is around 3340-3345. In principle, the continuation of the long position will test the high point of the upper track. Therefore, it is still possible to go long today. Of course, it is not an absolute long trend now, so don't chase the rise. The support below the small cycle is around 3310-3300. If it falls back to this price, you can continue to go long. Clearly define the target. Today, we will see the gains and losses of 3345.
OANDA:XAUUSDLong
by TP_Daniel
Gold price plunges by $30 at openingGold fell sharply at the opening of the morning session, with the intraday high and low price difference exceeding 30 US dollars. The positive factors over the weekend failed to reverse the bullish trend, and the bearish forces prevailed. Gold fell sharply in the last week of June, and bottomed out and rebounded in the first week of July. The market is in fierce competition between bulls and bears, and the volatile pattern has not changed. At present, gold has fallen below the non-agricultural low of 3311, and the market is weak. There is a high probability of a high and fall in the future. The short-term resistance is in the 3325-27 area, which is the intraday strength and weakness watershed; the 3343-45 area is the key boundary between bulls and bears. If it is not broken, it will fall back. If it breaks through, it is expected to hit 3365, 3380 or even 3400. The current support below is 3295-3290, and the resistance above is 3317-3323. It is recommended to do more in the callback.
FOREXCOM:XAUUSDLong
by JoyLouise53
Gold bottomed out and rebounded to fluctuateGold, the price opened at 3342 in the morning and then fell back. The article emphasizes the bearish structure of the 4H chart, and the bearish trend continued to 3311-3295 in the afternoon; the actual price fell to 3296 and then rebounded in the evening, and the 4H chart closed at 22:00 and turned into a big positive, and it will rebound and fluctuate at night; Short-term support 3306-3300, strong support 3296; short-term resistance 3322-3326, strong resistance 3330-3340;
FOREXCOM:XAUUSDShort
by DonaldJohnson
Gold fluctuates repeatedly, how to seize the opportunityIf the direction is right, you are not afraid of the long journey. Use time to witness your strength, use your strength to win the future, let trust become profit, and use profit to resolve doubts. The market is changing rapidly, and going with the trend is the kingly way. When the trend comes, just do it, don't go against the trend to buy at the bottom, so as not to suffer. Remember not to act on impulse when trading. The market is good for all kinds of dissatisfaction, so you must not hold orders. I believe many people have experienced this. The more you resist, the more panic you will feel, and the floating losses will continue to magnify, making you eat and sleep poorly, and you will miss many opportunities in vain. If you also have these troubles, then you might as well follow my pace and try to see if it can make you suddenly enlightened. Gold is concerned about the short-term pressure of the 3316 line above, and focuses on the pressure of the 3325 line. If the pressure above the 3325 line is not broken, then the possibility of gold further breaking through the lower space to 3295-3300 in the short term will also increase significantly. Therefore, the main line of gold operation is still based on holding shorts and rebounding shorts. Gold can rebound to the 3316 line and 3325 line before considering participating in short shorts. In terms of operation, we first pay attention to the support of the 3295-3300 line. If the lower support is broken today, the market will reverse to the short side. Otherwise, we will continue to rebound from the bottom and look for opportunities to go long. From the current trend of gold, pay attention to the support of the 3300-3295 line below, the short-term resistance above pays attention to the vicinity of 3316, and focus on the suppression of the line near 3325. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, follow orders cautiously, keep the main tone of participating in the trend, and patiently wait for key points to participate. Gold operation strategy: 1. Go long on gold around 3330-3295, target 3315-3320. 2. Go short on gold around 3315-3325, target 3305-3300.
OANDA:XAUUSDShort
by TP_Daniel
1
Firmly bearish below 3350 once again verifies the perfect idea!Gold price rose rapidly at the opening, reaching a high of 3342 before falling back. This kind of rapid pull needs special attention, because from the perspective of short-term trading, this is the trend pattern that needs the most vigilance. Looking back at the trend last Thursday, there was also a situation where the high could not be continued. Historical data shows that this kind of pull-up often lacks sustained momentum, and the subsequent upward space is limited. Combined with the recent trend, although the price rebounded on Monday and Tuesday, it basically maintained a volatile pattern in the following trading days, but the fluctuation range changed. Therefore, the market expects the trend to be repeated in stages, and the information of long and short interweaving makes it difficult for the market trend to continue. Today, the short position digested the second time at the opening and currently stepped back to the lowest 3305 line. In terms of operation, we first pay attention to the situation of 3303-3293. If the support below is broken today, then the market will reverse to the short position. Otherwise, we will continue to rebound from the bottom and look for opportunities to do more. From the current gold trend analysis, the support line of 3303-3293 is concerned below, the short-term resistance above is concerned about 3325-3330, and the suppression line of 3345-50 is focused on. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, follow orders cautiously, and wait for the opportunity to enter the market after the key points are in place. Gold operation strategy: 1. Go long near 3293-3303 for gold, and the target is 3315-3320. 2. Go short near 3320-3330 for gold, and the target is 3310-3300.
OANDA:XAUUSDShort
by TP_Daniel
1
Gold shorts may continue to 3280 or even 3255Gold started to fall from around 3342 in the Asian session, and currently hit a low of around 3305. This is completely consistent with my prediction: "Before gold stabilizes at 3340, it is still in a short trend. Gold shorts may counterattack at any time and look at the target area in turn: 3315-3305." Currently, gold has reached the target area as expected. There is no doubt that gold is still in an obvious short arrangement at present, and gold shorts may have just begun. For the next short-term trading, we still focus on shorting gold, so what we are most concerned about now is where gold can rebound and where is the most suitable short entry? ! From the current structure of gold, gold is under pressure from the short-term head and shoulders technical structure. This resistance structure compresses the rebound limit in the short term to the 3335-3340 area; and the short-term resistance area is located in the 3320-3330 area; once gold is under pressure and falls again, I think it is very likely that gold will fall to the 3295-3285 area again, and may even extend to the 3365-3355 area. Therefore, I think shorting gold is still the first choice for short-term trading; you can consider shorting gold in the 3320-3340 area, looking at the target area of ​​3290-3280-3270
OANDA:XAUUSDShort
by Trading_Steffen
Gold continues to fluctuate, where will it go next week?Fundamental analysis: With the Trump administration's massive tax cut and spending bill officially implemented, the U.S. Treasury may start a "supply flood" of short-term Treasury bonds to make up for the trillions of dollars in fiscal deficits in the future. The market has begun to respond to future supply pressures. Concerns about the oversupply of short-term Treasury bonds have been directly reflected in prices - the yield on 1-month short-term Treasury bonds has risen significantly since Monday this week. A closer look at non-agricultural new jobs exceeded expectations, but nearly half came from government departments, which is likely to reverse in July. Slowing wage growth, declining total working hours, stagnant wage income growth, and worrying consumer spending are all signs of support for gold. Gold bottomed out and rose from the low of 3245 this week, and then soared all the way to 3365. Finally, the weekly line closed with a positive line with an upper shadow. From the overall trend, after the data is digested, next week will still be treated with a volatile mindset. The large range will focus on the 3280-3393 area. If it does not break, it will still be mainly a sweeping operation. On the daily line, it also closed with a positive line with a long upper shadow, and closed firmly above 3323. It repeatedly tested the pressure of 3345 and did not break and fell back. The structure still maintained an oscillation rhythm within a small range. From the 4-hour cycle, the Bollinger Bands closed significantly. If it opens normally next week, pay attention to the 3325-3315 and 3311 areas when it falls back to support, and pay attention to the 3357 and 3365 positions when it hits the high pressure. It is recommended to maintain the strategy of selling high and buying low in operation and respond to the trend.For more specific operational details and strategy updates, please pay attention to the notifications at the bottom 🌐 and follow them in time.
OANDA:XAUUSDLong
by TP_Daniel
13
Gold lacks downward momentum.Today, gold is relatively quiet due to the impact of the US Independence Day holiday. Below, we continue to pay attention to the short-term quality layer of 3324. The key pressure above is maintained at yesterday's opening point of 3345-50. At midnight, gold rebounds near 3345-50 and can be shorted. The target is around 3330-33. It closes early at midnight and maintains a range of fluctuations! If your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate! From the 4-hour analysis, pay attention to the support of 3324-30 below, focus on the support position of 3316, and pay attention to the short-term resistance of 3345-50 above. At midnight, the overall high-altitude low-multiple cycle participation remains unchanged. In the middle position, watch more and move less, be cautious in chasing orders, and wait patiently for key points to participate.
FOREXCOM:XAUUSDLong
by JoyLouise53
Gold fluctuates frequently, how to seize the opportunity?We started high-altitude layout from 3365. We took the lead in seizing this wave of decline opportunities and firmly held the bearish view. We harvested short orders all the way to 3325. The gold short orders were continuously stopped at profit, and the rhythm was very steady. The current market fluctuated repeatedly and the direction was chaotic, but we always insisted on executing the strategy - do it when you see it, and you can reap good rewards if you can hold it. Although there is support and resistance at the 3333 line in the short term, it is not recommended to chase more. The risk is relatively large. The key is to step back more. Wait for the 3325-3315 area to consider laying out long orders. We do not do dead shorts, nor do we blindly do more. We always maintain flexible response and rational judgment on the market. From the current trend of gold, pay attention to the short-term support of 3325-3320 below, focus on the support position of 3315-3310, and pay attention to the short-term resistance around 3345-3350 above. The overall main tone of high-altitude low-multiple cycle participation remains unchanged. In the mid-line position, keep watching and do less, chase orders cautiously, and wait for the opportunity to enter the market after the key points are in place. For more specific operational details and strategy updates, please pay attention to the notification at the bottom 🌐 and pay attention in time. Gold operation suggestions: 1. Go long near 3325-3315, target 3335-3345. 2. Go short near 3340-3350, target 3330-3320.
OANDA:XAUUSDLong
by TP_Daniel
1
Maintain range fluctuations during the day?Gold has maintained a volatile pattern recently. As the US market is closed today for Independence Day, the market volatility is expected to be limited, but the volatile market will continue, but the volatility range may change. Yesterday's gold price fell mainly due to the news, and this decline usually does not last too long. From a technical point of view, gold prices are supported near 3310-3300, which is the key support level today. It is worth noting that on Wednesday, gold prices were under pressure in the 3340-3350 area, and on Thursday, prices formed support in this range, indicating that the area is forming a top-bottom conversion. Therefore, 3340-3350 has become an important pressure level today. It is expected to fluctuate in the 3300-3340/3350 range during the day. The impact of news on gold prices is usually short-term. When the fundamentals and technical directions are consistent, price fluctuations will be more obvious. When the two are inconsistent, price fluctuations will weaken, but will not change the technical trend. The rebound pattern established at the beginning of the week is still valid. After a short-term shock, gold prices are expected to re-stand above 3345 and continue to maintain the rebound trend.
OANDA:XAUUSDShort
by TP_Daniel
7.4 Non-farm payrolls exploded, and expectations for the Fed’s rOn Thursday, as the strong US employment data dispelled the market's expectations of the Fed's recent rate cut, the US dollar index rose sharply before the US market, returned to above the 97 mark, and once rose to an intraday high of 97.42. Spot gold fell sharply, once falling to $3311 during the session, a drop of more than $50 from the intraday high, and then recovered some of its losses and remained near 3330 for consolidation. The current upper suppression position of the daily line is almost here at 3350, and the lower support is located at 3320-25. So if it is maintained in the range of consolidation, it is likely to be rectified at 3320-50. Secondly, from the hourly chart: It can be seen from the trend of 3247 to 3365. The Fibonacci 618 position is exactly here at 3320. Although the lowest point last night was pierced to around 3311, it can be seen that the entity still closed above 3320. As long as 3320 cannot be broken, the best case scenario is to maintain it at 3320-50 for consolidation. If not, once 3350 is broken, the high point of 3365 will definitely not be able to be maintained. Therefore, for today's operation, try to maintain the high-selling and low-buying range of 3320-50.
TVC:GOLD
by AIan_Gold
1
How to grasp the key entry opportunity in the gold market?The market is changing rapidly, and going with the trend is the kingly way. When the trend comes, just do it. Don't buy at the bottom against the trend, so as not to suffer. Remember not to act on impulse when trading. The market is good at dealing with all kinds of dissatisfaction, so you must not hold on to orders. I believe many people have experienced this deeply. The more you resist, the more panic you will feel, and your floating losses will continue to magnify. You will not be able to eat or sleep well, and you will miss many opportunities in vain. If you also have these troubles, then you might as well keep up with my pace and try to see if it can make you suddenly enlightened. The non-agricultural data was unexpectedly cold, with a large negative impact. The stochastic indicator in the daily chart formed a golden cross, which was a main multi-signal. The BOLL range shrank, and the range shrank to 3418-3280. This range is the main range. The price pierced up and down the central axis and hovered, waiting for the news data to stimulate. The upper track of the 4-hour Bollinger band is at $3380, and the integer mark of $3400 is also near the high point of gold prices last week. The 5-day moving average and the MACD indicator cross upward, and the KDJ and RSI indicators cross upward. In the short-term technical aspect, gold has a trend of further rebound. At present, the upper resistance is at 3360-3365, and the support position is around 3310-3300. Gold operation strategy: It is recommended to go long near 3312-3315, with a target of 3330-3340. It is recommended to go short once it touches 3340 for the first time, with a target of 3320-3310.
OANDA:XAUUSDLong
by TP_Daniel
How to accurately grasp gold trading opportunities?Gold rebounded as expected, and fell under pressure at the 3295-3296 line during the European session. This position was the key resistance level for the previous top and bottom conversion, and the range shock pattern continued. In terms of operation, the high-altitude and low-multiple ideas remain unchanged, and we will continue to pay attention to the short opportunities after the rebound. 📉 Operational ideas: Short orders can be arranged in batches in the 3295-3311 area, and the target is 3280-3270 area; If the support below 3260-3255 is effective, you can consider taking the opportunity to reverse long orders and participate in short-term. 📌Key position reference: Upper pressure: 3295, 3311 Lower support: 3278-3275, 3260-3255 Gold strategy idea suggests shorting at 3291-3293, perfectly capturing the rebound high point! Smoothly reached the profit target of 3275, gaining 18pips! If you are not able to flexibly respond to the market in trading, and are not good at adjusting your trading ideas and rhythm in time with the market rhythm, you can pay attention to the bottom notification 🌐 to get more specific operation details and strategy updates. Let us work together to flexibly and steadily pursue more profits in the ever-changing market!
OANDA:XAUUSDShort
by TP_Daniel
High-level fluctuations do not change the bullish trendThe 4-hour level shows that the gold price turned to high-level fluctuations after testing the upper track under pressure yesterday. There is still room for upward movement after the structure is completed. The 1-hour moving average system shows a golden cross divergent bullish arrangement, indicating that the short-term upward momentum is sufficient. The gold price continued to rise in the morning and hit a new high. The trend maintains a bull-dominated pattern. Although there was a correction in the US market yesterday, it stopped falling and stabilized at the key support level of 3330-3325 and broke through the previous high, further confirming the short-term strength. Therefore, once it pulls back to the upper area of ​​3335-3325, it will constitute a dip-buying opportunity. The intraday operation strategy recommends that the pullback be mainly long and the rebound short. The short-term support below focuses on the 3335-3325 range, and the upper short-term resistance level is 3365-3375. Operation strategy: 1. Gold recommends long pullback near 3335-3325, with a target of 3350-3360. 2. It is recommended to short gold when it rebounds around 3365-3375, with the target at 3350-3340.
OANDA:XAUUSDLong
by TP_Daniel
Gold remains strong, and we continue to buy on pullbacks!ADP employment unexpectedly turned negative, and the probability of a rate cut increased again The ADP employment report released on the same day showed that the number of private sector jobs in the United States decreased by 33,000 in June, the first net loss since March 2023, and the May data was also significantly revised down to +29,000. After the release of the ADP data, the probability of the Federal Reserve's interest rate cut in July quickly rose from 20% before the data was released to about 27.4%. The market's bet on a rate cut before September has almost been fully factored in, and federal funds futures also show that the possibility of a 50 basis point rate cut has risen to 22%. This "frown-making" data released a strong signal of cooling in the labor market before Thursday's non-farm report. If today's non-farm continues to be weaker than expected, it may force the Federal Reserve to act faster. Gold opened high and then retreated continuously. From the daily chart, gold is still in an upward trend in the long term. The previous market rebounded effectively after touching the downward trend line, and the rebound force was considerable. With the restart of the bullish force, the main idea can carry the trend and do more on dips. In addition, from the 4-hour chart, gold has broken through the previous downward trend line and has gone out of the V-shaped reversal pattern, which means that the previous short-term downward trend has ended. At present, a new trend is also opening up in the 4-hour chart. The rise of gold has also established an upward trend line. You can consider buying on dips based on the upward trend line 3332. However, due to insufficient bottoming time in the previous stage, it may still face the risk of decline, so you should set the stop loss with caution. From the 1-hour chart, gold fell after opening high, and the bullish trend remains unchanged. The points for long orders can consider 3334 and 3328. Gold operation suggestions: Go long on gold near 3325-3335, with a target of 3350-3360.
OANDA:XAUUSDLong
by TP_Daniel
7.3 Prediction of gold price fluctuation before non-agriculturalAfter the release of ADP data last night, gold prices resumed their rise and crossed the high of 3357.88 this week and closed near this position. Today, gold prices opened high and then fell back. Pay attention to the strength of the correction in the morning session and choose the opportunity to go long and bullish. From the current market perspective, the support below can focus on the low point of yesterday's US session near 3333, followed by 3327; before the release of non-agricultural data, the upper pressure will focus on the early trading start point 3366, followed by 3375. The operation in the Asian and European sessions is mainly to go long on the correction, and the high-altitude thinking is abandoned. Specific operation ideas: Go long and bullish when the gold price falls back to around 3338, protect the position of 3330, and the target is to see whether the early trading high of 3365 can break!
TVC:GOLDLong
by AIan_Gold
1
How to make accurate layout during gold volatility?Gold maintained a small range of fluctuations and consolidation rhythm today. In the morning, we arranged long orders at 3330-3331 and successfully exited at 3343. Affected by the ADP data, the gold price broke through 3345 and hit 3351. We also arranged short orders in the 3350-3351 area in time and are still holding positions. The focus of the support below is 3325-3315, which is the key position today. As long as this position is maintained, the long position will rebound and rise. Otherwise, it will fall into the battle for support at 3305-3295. In terms of operation, we continue to step back and do more. From the current analysis of gold trend, the support below focuses on 3325-3315. The main bullish trend remains unchanged. Focus on the long-short watershed position of 3305-3295. The daily level stabilizes above this position and continues to step back and do more bullish rhythm.
OANDA:XAUUSDLong
by TP_Daniel
3
Critical moment! Where will gold go?After rebounding for two consecutive days, gold prices consolidated in a narrow range in the Asian market on Wednesday, hovering below a one-week high. Although the US dollar rebounded slightly and the market's improved risk appetite suppressed safe-haven demand, the Fed's interest rate cut expectations and trade uncertainties limited the downside of gold prices. The market is waiting for the upcoming ADP and non-farm data to determine the timing of the Fed's interest rate cut. The key technical resistance is $3,358. Gold received a positive cross in June. At present, the monthly line has an upper shadow for three consecutive trading months, and the shadow is long, indicating that the upper selling pressure is relatively large; in this way, for the future market, we are more optimistic about the highs and falls. In the recent stage, gold is not interested in US data, but Trump frequently calls for the Fed to cut interest rates, which we still need to pay attention to. The sharp rise in gold in the past two days is not unrelated to the Fed's expectation of a rate cut. On the other hand, it is also related to the market rumor that the US President Trump's tariff deadline on July 9 is also related. If the US dollar index bottoms out and rebounds, ushering in a phased upward trend; then, it is bound to suppress gold. Short-term resistance is yesterday's high point 3350-3360 area. If it breaks above, it is expected to hit 3375-80, and further 3400 mark; before breaking above 3400 area, there is still a large sweep range. If it goes up, the bulls will have a wave of acceleration, and the upper 3425 and 3450 may even hit the historical high. For the day, the 5-day moving average 3315 area will form a strong support after breaking through. If it rebounds and rushes higher, it cannot break below. Once it breaks below, the market will continue to fall, further 3300~3295, and then 3275 and 3255~45 areas; that is, the rise on Monday and Tuesday means the end of the bulls. Therefore, in terms of operation, the short-term relies on the 3315-3325 area to support low longs, and if it rises, it will continue to short with reference to the resistance area.
OANDA:XAUUSDLong
by TP_Daniel
1
The idea is clear, gold falls as expected!The gold market is just as I predicted. I have repeatedly warned everyone not to chase the 3350-3355 line. The technical side needs to step back. Now, it just proves the idea I gave. After gold hit the highest line of 3358, it stepped back to the 3337 line and started to fluctuate. Our 3355 short order plan successfully touched 3340 to stop profit and exit. From the current gold trend, it should fluctuate like this before closing. After the opening, we will step back and go long as planned. Focus on the 3330-3335 line below. If it does not break, we can consider going long. From the current gold trend analysis, pay attention to the 3360-3370 line of pressure on the top, and the short-term support on the bottom is around 3330-3335. Focus on the key support at 3315-3325. Relying on this range as a whole, maintain the main tone of low-long participation unchanged, wait for the pullback to confirm the support and then intervene when the opportunity arises. In the middle position, keep watching and do less, chase orders cautiously, and wait for the entry opportunity after the key points are in place. Gold operation suggestion: go long around 3315-3325, target 3340-3350.
OANDA:XAUUSDLong
by TP_Daniel