xauusd:A sequence of 9 appears on the weekly line, which means that next week will be a window for change. The trend line above the weekly line near 2060 has not been physically broken, so as long as the weekly line ends below 2060 today, it is 100% sure that it will fall next week. From the hourly chart of gold, The 2060 wave of rebound happens to be the...
Fundamental Overview The value of gold, specifically in relation to the US dollar, has slightly decreased after reaching an all-time high. This can be attributed to a temporary pause in the bullish trend, as investors wait for the release of the important US Nonfarm Payrolls data. The Fed has given an indication that they may halt their increase of interest...
We have made a profit of more than 300% for two consecutive weeks! Last week, gold rose to near 2050 under the stimulus of news from all parties. During the US market on Friday, it directly fell below 2000, a decline of more than 50 US dollars. The gold long signal given on Thursday was successfully profitable, and the short signal on Friday was also very...
Because of the impact of strong non-farm payrolls data, gold directly fell from 2038 to near 1999. As the retracement space increases, it will make the recovery insufficient.But as the space is released, short-term trading opportunities will also increase, so how should we trade next? 1.Don't chase short easily, because as the room for retreat increases, the...
Everyone has seen the market in the past few days. In fact, it is not very easy to operate. All kinds of news are pervasive and data-intensive. For trend operators, it is actually difficult to follow recently. Gold breaks through new highs, and the Dayang line continues to rise. Trend operations must continue to fall and go long. However, gold fell directly...
OANDA:XAUUSD FOREXCOM:XAUUSD Gold analytical series, Episode 07 Hello Traders, First take a look at my previous episodes. Don't forget to risk-free your positions. Please share ideas and leave a comment, Let me know what's your idea. CrazyS✌
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.
At present, the golden space can be compressed between 2060-2030 in the short term. Pay attention to the following gold trading opportunities: 1.Pay attention to the resistance of the 2056-2060 area above 2.Pay attention to the 2032-2028 regional support below If gold does not break the resistance and support, you can consider selling at a high level in the...
Short term trades for gold NFP later This Idea is base on my understAnding on the ADP reports last Wednesday. Trade base on your own decissions, This is not a financial advice. Follow for more
The market expects the Federal Reserve to suspend interest rate hikes in June and July, as well as strong support for safe-haven buying. The bullish trend of gold is obvious. In the absence of breaking the trend, gold is still dominated by low-level bulls. From the perspective of the short-term structure of gold, the main focus below is the important support...
Suffering for a long time and now the entry signal Specified entry points
Under the stimulus of the news and the support of strong buying, gold has risen rapidly to the first line of 2040, and the energy of gold bulls is strong. There will be important data on Friday, and non-farm payrolls data will be released.So what should we pay attention to next? 1.Short-term trading is still dominated by long positions at low levels, and...
Gold may hit #2050 The consolidation of this trend was broke at #2006.15 which led us to a new support and resistance level at #2015-30. We may still look at a possible touch at level #2049-55 Good luck traders.
Fundamental Overview Last week, the United States released its Advance Gross Domestic Product (GDP) report which showed slower growth than expected in the world's largest economy. China's official Manufacturing Purchasing Managers' Index (PMI) also declined in April, while Japan's factory activity contracted for the sixth consecutive month. These economic...
Gold Price Forecround 2,000$, eyes on US Core PCE Price Indexast: XAU/USD bull-bear tug-of-extends a On Friday morning, the price of gold is stagnant and hasn't been able to stay above 2000$ due to the recent increase in the value of the US dollar. The focus now shifts to the US Federal Reserve's Core Personal Consumption Expenditures (PCE) - Price Index, which...
There are still 2 hours before the announcement of the Fed's interest rate decision. At that time, it will guide the direction of gold in the short term, and all we have to do is seize the market trading opportunity. As long as we seize the opportunity, we will make a very good profit.Let's see if Gold will use this opportunity to challenge the 2050 position...
Gold currently continues to maintain a range fluctuation on the daily line, and the price is temporarily compressed between 1970-2010. In terms of the overall trend, the market is slightly restrained before facing important data such as the Federal Reserve's interest rate decision and non-farm payrolls.Therefore, in the short-term structural trend, gold shuttles...
The current price of gold is in a phase of consolidation but attempting to break out of this range. The current price is being supported by a strong level of buying activity and forming a pattern of higher highs and higher lows, which may indicate a potential bullish trend.