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Goldlong

Go long after XAUUSD pulls back.Today, the price of gold broke a new high, with the highest price rising to $2,482, and has fallen back after the high. Regarding the Fed's expectations for interest rate cuts, I have recently communicated with some professional investors. Everyone generally believes that the interest rate cut is expected in September, and even believes that the Fed will cut interest rates three times in September, November, and December. Unlike market expectations, Trump's speech last night shocked the overseas investment market. In an interview with Business Weekly, he revealed heavy information: First: If Trump is elected this year, he will continue to appoint Powell as chairman of the Federal Reserve until the expiration of his term in 2028. Second, he also warned Powell to avoid interest rate cuts before the November election to prevent excessive employment rates and economic boosts from Biden's approval rating in the next few months. The public speech is Trump's campaign for the election, and also a coercion and inducement to Powell. Because Trump's probability of winning this year's election has exceeded 70%, and Powell's position as chairman of the Federal Reserve was given by Biden or the Democratic Party. So Trump gave Powell a price: no interest rate cuts before September, in order to reduce the possibility of Biden's comeback in the November election. If Powell is obedient, then in the next four years, Powell may still be able to control this important department that can command the world. Although the gold price has broken through a new high today, if the expectation of interest rate cuts in the short term cannot be fulfilled, I think it will be very difficult to rise again. Powell must consider his career and the interest groups behind him. Therefore, instead of cutting interest rates in September, the probability of cutting interest rates after the November election is increasing, and it is not ruled out that the Fed's first interest rate cut will reach 50BP. So how should we deal with the gold market next? From the trend of gold prices, after breaking through the key pressure of 2450, gold prices rose again this morning, releasing a lot of long momentum in the short term, and more energy is needed to continue to impact upward. So next we should pay more attention to the position of the top and bottom conversion. In terms of operation, we need to pay attention to today's opening position at 2468-69, pay attention to the pressure of this position, and pay attention to the support of 2450-2442 below, which is the top and bottom conversion position.
OANDA:XAUUSD
by Alligator-King
XAUUSD/H4 The development of the US session, psyche before newsExpectations for the US session on 8/8/2024: The Asia-Europe session is mainly sideways in the 2392-2400 area. This is a sign of accumulation awaiting the US July Unemployment Rate. In terms of technical analysis: the downward trend correction is still being maintained, a recovery from the 2380 area could form peaks in the 2410-2413 or 2427-2434 areas. Price levels to note: SELL: 2400-2404, 2410-2413, and 2425-2434; BUY: 2367-2371 and 2351-2355. Recommended orders: Plan 1: SELL XAUUSD zone 2410-2413 SL 2416 TP 2400 - 2390 - 2377 - 2355. Plan 2: SELL XAUUSD zone 2427-2430 SL 2435 TP 2415 - 2400 - 2377 - 2355. Plan 3: BUY XAUUSD zone 2375 - 2377 SL 2370 TP 2390 - 2400 - 2410.
FX:XAUUSD
by wetdyerap
Interest rate cuts when gold bulls still have momentum to fight For today, Wednesday, how should gold bulls and bears be treated? So for today, intuition tells me that gold may encounter a blocked rebound in the process of going low, as for the reason, because the two days of gold rebound blocked in 2420 that ushered in a fall, the market wind direction is also gradually open to change, which leads to the market long and short reversal, retail investors have poured into the short in the rebound process, which is actually not conducive to the outbreak of short, Moreover, for now, the geopolitical risk sentiment is still continuing to ferment, gold did not take this opportunity to break out is also due to the high bullish heat caused by the market, so for the moment, due to the market's turn around, I think today that short selling or will be slaughtered, of course, for the reasons for the slaughter, I expect institutions will also take risk aversion and interest rate cuts as an excuse, However, it is worth mentioning that the rebound is only a rebound after all, at this point, I expect that the bulls will break 2420, but will encounter obstacles in the 2430-2440 area to usher in a fall again, this point, you can pay attention to prevent. Of course, the above is just my speculation on the market, for the current, gold is not no continuation of the possibility of breaking, this, you focus on the 2370-2360 break can be, once smoothly broken, then there is no doubt that bears still have further lower 2330-2300 momentum, The key is to see whether the market malicious virtual break to attract the possibility of reversal, in this regard, for today, you try to stay on the sidelines, such as falling 2370-2360 can not be considered to do more, of course, radical 2380 can not break a minimum stop loss to participate in a wave, but remember that you also need to hang a good break empty single defense, even if it is successfully broken, All of you need to keep your reverse orders in place to guard against long reversals. So for the upper part, try to wait 2430-2440 does not break again to participate in the short, of course, radical or can refer to 2410-2414 this area, but due to the volatility of the market, coupled with I have not stared at the plate recently, this point, you need to react to the specific operation, of course, any operation, Must strictly follow my requirements to control positions and stop losses, beware of accidental outbreaks.
OANDA:XAUUSDLong
by Transactionheadhunter01
Gold (08/06) recovers after sharp correction☘️Gold (XAU/USD) is struggling to capitalize on the previous day’s nice bounce from the 50-day Simple Moving Average (SMA) support around the $2,365-2,364 region. The decline was supported by some buying in the US Dollar (USD), fueled by rising US Treasury yields and risk-on sentiment, dragging the safe-haven precious metal below the $2,400 level. Expectations of more rate cuts from the Federal Reserve (Fed) will keep a lid on US bond yields and the greenback. Moreover, geopolitical risks stemming from ongoing conflicts in the Middle East could further limit the downside in Gold prices. This, in turn, warrants some caution before positioning for an extension of last week’s pullback from near all-time highs amid the absence of relevant US economic releases. ☘️Technical Analysis After retesting the important resistance zone around 2416, gold formed a bearish wave structure. The recovery of gold at 2416 has an important meaning when touching the fibonacci zone 0.5, which is also a retest of the two EMA lines 34 and EMA 89. When the candlestick force is not strong enough to break the two EMA lines to reverse the trend, the bearish structure will continue strongly. The support zone 2365 will only act as a small barrier before gold retreats to deeper support zones around 2350 and 2337. When all 5 waves are completed, the recovery can completely surpass the all-time high when new economic cycles are formed at the end of this year. Support: 2396 -2385 - 2365-2350 Resistance: 2412 -2418 - 2426 - 2433 - 2440 SELL zone 2426 - 2428 stoploss 2432 BUY zone 2386 - 2384 stoploss 2380 BUY zone 2375 - 2373 stoploss 2369
OANDA:XAUUSD
by TVS-Trader
XAUUSD: Get ready for a gold reboundOANDA:XAUUSD Yesterday, financial markets plummeted due to recession fears, but today global stock markets and stock index futures are rebounding. Gold, despite its drop, is expected to bounce back as a safe-haven asset. Interest rate futures have almost fully priced in a 50 basis point rate cut by the Fed in September Once recession risks are mitigated, gold's liquidity will make it a top safe-haven choice, especially as purchasing power declines. Additionally, ongoing geopolitical crises will keep influencing gold prices Technically, 2420 is a key level. Breaking it could open up more upside potential. If not, the downtrend may continue. The 2380-2360 area is strong support; if it holds, prices may rise again, but if broken, further downside is likely If you have different views or questions, let's discuss the latest insights on GOLD
OANDA:XAUUSDLong
by AntonyTP
3
Gold prices will once again fall to a new bottomGold prices are about to hit a new low, if you are buying you need to delay The position of 2370-2365 as a buying point can make some profits. As I said before, the pressure on the short-term upside is too great. Today in New York time, gold prices failed to rise several times. The first attempt was to break through 2398. The second attempt was to break through 2403. Both were suppressed by the short trend. And there is no more news to push the gold price to continue to rise. So the operation is still mainly short-selling. If the price reaches my expected position, you can make a super short-term rebound. TVC:GOLD COMEX:GC1! FOREXCOM:XAUUSD
TVC:GOLDShort
by Eddy_Wealth
Gold vs. Yen Carry Trade: A Shifting Paradigm For years, the yen carry trade has been a cornerstone of many investment portfolios. This strategy involves borrowing low-yielding Japanese yen to invest in higher-yielding assets, such as US Treasuries. However, a confluence of factors is making gold, represented by the XAU/USD pair, an increasingly attractive alternative. The Yen Carry Trade Under Pressure The yen carry trade has historically been a profitable strategy, fueled by Japan's ultra-low interest rate environment. However, recent developments have cast a shadow over its allure. • Rising Interest Rates: Global central banks, including the Federal Reserve, have embarked on a tightening cycle to combat inflation. This has narrowed the interest rate differential between the US and Japan, reducing the potential profit from the carry trade. • Yen Strength: The Japanese yen has shown unexpected resilience, countering the traditional trend of yen weakness. This is partly due to safe-haven flows as investors seek refuge from global economic uncertainties. • Geopolitical Risks: Increased geopolitical tensions can disrupt carry trades. A sudden shift in risk appetite can lead to rapid yen appreciation, erasing potential gains and incurring significant losses. The Allure of Gold In contrast, gold has emerged as a compelling investment option. • Safe-Haven Asset: Gold is often perceived as a safe-haven asset, providing a hedge against economic uncertainty, inflation, and geopolitical risks. As global economic conditions become increasingly volatile, investors may seek the security of gold. • Inflation Hedge: With inflation concerns persisting, gold has historically been seen as an effective inflation hedge. As the price of goods and services rises, the purchasing power of fiat currencies declines, making gold an attractive store of value. • Diversification Benefits: Gold can help diversify an investment portfolio. Its low correlation with traditional asset classes can reduce overall portfolio risk. • Central Bank Demand: Central banks have been net buyers of gold in recent years, supporting its price. This ongoing demand can provide a bullish undercurrent for the gold market. XAU/USD: A Closer Look The XAU/USD pair, representing the price of gold in US dollars, offers investors exposure to the gold market. • Dollar Dynamics: While gold is often seen as a safe-haven asset, the US dollar can also appreciate in times of uncertainty. Therefore, the performance of XAU/USD depends on the interplay between gold and the dollar. • Interest Rate Sensitivity: Gold is generally inversely correlated with interest rates. Rising interest rates can put downward pressure on gold prices, as investors may prefer higher-yielding bonds. However, this relationship is not always straightforward, and other factors can influence gold's price. Conclusion The decision to invest in gold or continue with the yen carry trade is a complex one, influenced by individual risk tolerance, investment horizon, and market outlook. While the yen carry trade has historically been a profitable strategy, the changing interest rate environment and geopolitical risks have increased its challenges. Gold, with its safe-haven appeal and inflation-hedging properties, offers a compelling alternative. Investors should carefully consider the potential benefits and risks of both options before making a decision. It's important to note that this article provides general information and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions.
OANDA:XAUUSDLong
by bryandowningqln
Short first and then buy. This is the next trading plan.The gold price in the London market did not break through the 2317 position. It just maintained fluctuations for several hours. The operating space is very small, but going long is still profitable. The New York market is about to open. See if the gold price will pull back to around 2400 points. If it is, you can start buying. Maintain the position around 2400. Aggressive players can rely on the position above 2410 to sell and get some small profits first. The reasonable buying point is around 2400-2404. When the shorting reaches the expected level, the position can be closed. Then wait for the opportunity to buy. FOREXCOM:XAUUSD COMEX:GC1! TVC:GOLD OANDA:XAUUSD
TVC:GOLD
by Eddy_Wealth
Can gold fall below 2400 next week? Why will gold suffer a sharpYesterday Friday, for yesterday, we must be how to operate how to make money, the morning 2450 wave is not to talk about, although then short meet stop losses, but I have said in the blog that 2467 can enter, this wave, before the data must be able to stabilize the victory, and non-agricultural gold since 2455 rose 2477, I also said, Not optimistic about gold break 2500, on the contrary is optimistic about 2480-2486 do not break batch short top, and I also said, any upside break, can hang reverse empty single defense, that is to say, yesterday's high, we can hang 2458-2448-2438 reverse empty single sit and wait for profit, especially yesterday gold also broke 2420 as scheduled, This point, although not as I expected to further impact 2400, but the difference is not big, after all, since the non-agricultural large profit, gold as scheduled to crash, this point, I can only hope that you did not do more, after all yesterday's market, do more is dead, but I believe that as long as you have read my blog carefully, will not be stupid to enter, if there is, Then all I can say is you deserve it. I will not say much, directly to next week's market analysis, you can read the following reference to understand. ​ -- Gold Friday market review -- Friday, the morning, gold opened 2446 line, open up 2447 line ushered in a shock fall near 2443, after a long and short saw-and-see encounter broke 2450, but the highest to 2452 line ushered in a halt reversal, gold is therefore directly hit the disc flash collapse of 2440, the lowest fell to near 2435 to usher in a stop, And then, gold is also ushered in a rapid climb to break down, has risen to 2459 line to usher in a stop, but good times are not long, gold fell back a wave of 2451 after ushered in a further break, near the eve of the European plate, gold is also the highest to a wave of 2468 line to usher in a stop. During the European session, the gold shock fell back a wave of 2459 to stop, long and short is therefore Mired in the 2465-2459 range of oscillations, until the eve of the United States, gold was further lower a wave near 2456. The United States market, non-agricultural hand in hand with the unemployment rate two-way announcement, gold is therefore directly from 2455 ushered in a surge to break 2460-2470, the highest to 2477 line to usher in a wave of stop flash collapse near 2455, and then rebound again after 2473 line ushered in a short outbreak, Gold is therefore below 2450-2440-2430-2420, the lowest fell to around 2411 to usher in a stop rally, and after recovering a wave of 2438, gold is also lower again a wave of 2423, and then further rose 2442, and finally, gold is therefore closed near 2441. ​-- Can gold fall below 2,400 next week? Why will gold suffer a sharp fall in non-agricultural profits? - So for Friday, presumably you are also very surprised, within the day, gold opened up 2452 crash fell 2435 stop, then in the white market performance caution, gold not only did not fall into the shock saw, but broke through to 2468 line, and non-agricultural, gold is directly from 2455 up 2477, At this point, presumably yesterday's bullish market retail friends have also increased, after all, as far as I estimate, yesterday's nearly 70% of people think that non-agricultural will be bearish, but these people also believe that once non-agricultural profits, then gold to break 2500, as for the remaining 30% of people, of which 20% are directly bullish, bullish gold broke 2500, Maybe only 10% of people with me in the bear, and the fact is to prove that the truth is in the hands of a few people, this point, just hope that you yesterday's bullish friends are still safely built in is, but it is estimated that yesterday's day gold rose, especially after non-agricultural profits, whether there is no chasing more, are extremely excited, In particular, after 2477 was blocked and 2455 stopped, gold gave the market a reason to chase more gold, after all, the United States labor downturn, excessive growth in unemployment, but also stable the possibility of interest rate cuts in September, this, do not blame you, after all, the information spread by the market is too obvious, in this case, let alone the market retail investors, even many analysts are easy to be misled by the market. So it's not that you can't do it, it's just the market. However, this also verifies one point, that is, your understanding of the market is not deep enough, especially in the face of this kind of news that informs the market in advance, your consideration is too single, if you have measures to deal with accidents, there is no possibility of major losses, this, you also need to introspect. So for Friday, non-farm gains, why will gold suffer a reversal of the plunge? In fact, if you have carefully read my blog on Friday, you can understand, not to mention that I did not say in detail, after all, I was writing all night, long articles have been detailed analysis of the data, and also made a judgment on the fluctuations after the data, if this is that the analysis is not accurate, I have no words. So on Friday, I made it clear that regardless of whether non-farm profits are large or not, gold will encounter a sharp fall, but that if non-farm and unemployment rate are both bearish, it will increase the space and strength of gold's decline. For no other reason, the current data and news are affected by the progress of interest rate cuts, if it is said that the Federal Reserve interest rate minutes after the release of non-agricultural data, then the market may take into account the possibility of radical stimulus to the Federal Reserve to cut interest rates, in this case, gold may suffer a surge on the break, but the fact is that the fastest rate cut will not fall until September, and now, No matter how strong the market expectations are, even if the rate cut in September has been nailed, there is still a month's buffer period from now, you say, how can this rise? A month in a row? Is that possible? And I said that gold is now too high, and once the interest rate cut falls, it also means that the market will be used to interest rate cuts, in this case, the impact of interest rate cuts on gold will gradually be reduced, because the market itself is now higher, including the Fed's efforts to cut interest rates and digest in advance, for example, You are looking forward to a certain kind of food or food, but after experiencing it once, the amazing feeling of treating things or food will also disappear, what's more, this interest rate cut is consistent, that is, you would like to eat this cake, but you can not carry it every day, so the current situation, if there is no accident, we will officially usher in a historic peak. And soon, we will usher in the possibility of the short return to 2000 or even lower, at most half a year, this, you can look forward to it. So, on Friday, after suffering a sharp fall, why did gold stop at 2410 and close above 2440? Or, for next week, can gold bulls usher in further outbreaks? In fact, I still remain bearish, first of all, gold closed higher on Friday, in fact, more than the market is betting on the geopolitical risk may break out, leading to the emergence of early digestion of this information, in this case, even if the outbreak of geopolitical risk in the weekend, will not stimulate the possibility of excessive gold Monday, after all, the market has digested in advance. This is also the precautionary layout of the market. Moreover, for the moment, the US dollar has stopped falling, and the US dollar is also facing the possibility of stopping and recovering. After all, although the US labor market performance is sluggish and other factors have affected the strong performance of the US economy, the US dollar's performance is still relatively strong in the current international market, and in the case of the US dollar at a low level, it will also hope to pour in buying. That helped the dollar and hurt gold. Then secondly, that is, gold is currently too high, especially after the non-agricultural profits suffered a crash, in this case, the market buying will also begin to doubt life, thus hitting the buying heat, and after this wave of sharp falls, the market also understands the current situation of gold, in this case, gold is currently double top shape, any rebound, It will also relatively stimulate the influx of market selling, this point, for next week, only if there is no geopolitical risk to further stimulate the outbreak, gold must be able to fall below the 2400 mark, and this wave of break, short or will point to 2330 or even 2300, after all, the market believes that interest rate cuts will be more, It also leads to gold in the process of falling will attract the favor of the market, which also provides institutions with more opportunities to wash, in this regard, for next week, next week, I will think that the reverse collapse of gold will break one after another, of course, it is not that there is no bottom-diving opportunity, but for this opportunity, more may appear in the 2280-2260 area. Of course, this is only my guess, specific, you need to adapt to the line. So for next week's operation, relatively simple, on Monday, if there is a low open, then you will be concerned about 2430 can directly fall below, do not break the short line to wait for a rebound near 2440 directly open short positions, of course, due to the market is not calm, do not rule out gold will further break 2440 higher possible, this, You continue to hold 2444-2450 do not break batch short. If there is a high open, then you are concerned about whether 2450 can be broken to stabilize higher, if the broken level is stabilized, directly hang a wave of 2450 under the anti-reverse short order and then wait for 2460-2466 region to be short in batches. If the market performance is calm, gold opens near 2440, directly open short positions in 2440, such as the rebound continues in 2450 not to break short, and for the below, you can hang 2430-2420 below the break short single defensive pursuit, you focus on 2405-2400 near support not to break again to consider the short term. Do not pay attention to the 2410 low mark, for the current market inertia, gold really want to fall, 2410 will definitely encounter virtual break, you are concerned about 2400 gains and losses, but note that 2400 can be chased after the break, but need to hang a wave of 2400 above the reverse multiple single to defend, after all, there is a wash in the market, coupled with the stimulation of geopolitical risk, Do not rule out the possibility of gold sudden reversal pull up, this, you remember to pay attention to. Of course, the analysis is only analysis, the specific operational details, I will be updated on Monday, you remember to strictly follow my requirements to control the position and stop loss basis.
OANDA:XAUUSDShort
by Transactionheadhunter01
THE KOG REPORT - UpdateEnd of day update from us here at KOG: What a day on the markets! Yesterday we said we would want to see price push up into the higher resistance levels for the long trades and if we got a RIP there an opportunity to short would be available to traders. What an opportunity that was! We update trades during the London sessions stating that there was no clear sign of the move stopping or a reversal in play, and for that reason to hold runners until we find support to long. We had the 2360 level in mind, and once attacked said if it didn't break the bounce should take us back up into the 2390-95 region initially. Now we have that flip again making the 2420 price point the resistance to be attempted and broken in order to complete and correct the move back upside to create a new ATH. Our issue here as mentioned earlier is that price is looking like it will want to retest that low, so if you're in long it might be an idea to protect and take partials. Levels are to be tested with a risk model in place, if you're uncomfortable and less experienced, let the chop end before entering these markets. If we do struggle above, they will want to clear the BE traders before then attempting to move it again, which will now likely be tomorrow. So, resistance 2320 key level, needs to hold to then retest. If we can break above, bar the extreme stretch, we should get the move we wanted. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
2
What is the secret to continuous profit in gold trading? Gold will continue to fall in the short term. If you are long, be cautious. If you are short, remember to set a stop profit. In New York time period, gold continued to fluctuate at a high level. It continued to fluctuate in the range of 2403-2410. There was almost no news on Monday. But the price of gold did fall from 2460 to 2360 and then bottomed out and rebounded above 2400. Judging from the data last week, the pressure on the bears is very high. In addition, almost all the news this month has been landed last week. Combined with the current market, there is no major news for gold to further break through the highs. The only possibility is the momentum brought by the news of the war, but for the time being, this is unlikely to happen. So in terms of operation, it is still mainly selling at high levels. The short-term target below is below 2390. What is the secret to continuous profit in gold trading? That is to follow my steps. Follow the guidance. Trade with accurate signals. So far, members who follow the transaction have almost never failed. Investors with large funds make big profits. Investors with small funds make small profits. After all, it is still difficult to lose money in such a market. The amplitude is large enough. There are enough opportunities for operation. As long as you don’t trade blindly, it’s just a matter of how much money you make. Of course, if your current account is still in a state of continuous loss, remember to follow me. It is only a matter of time before you turn losses into profits.
TVC:GOLDShort
by Eddy_Wealth
GOLD: Gold price will continue to fallToday, I perfectly realized the story of going from a loss of 45k to a profit of 65k. The latest channel has a detailed process. This rebound. Everything is within my expectations. The gold market is currently quoted at 2406. But this position will not stabilize. I think gold will continue to fall. If your order is still losing money, or the profit is not big. Or you don’t know how to trade yet. Stay tuned. I will guide you how to turn losses into profits. COMEX:GC1! TVC:GOLD OANDA:XAUUSD
TVC:GOLD
by Eddy_Wealth