XAUUSD: NEW UPDATE 19/08/2023❤️Dear traders, after analysing the market we are now expecting prices to be bearish. However, daily timeframe shows us there is an strong indication of buyer emerging for short term purpose, therefore, we advise our members to keep an eye and be extra precautious.
You can take buy entry when market settle downs on monday.
Good Luck and Trade Safe
Xauusd4h
#XAUUSD:LAST SWING HIT 820+ PIPS!!Dear Traders,
Hope all of you are doing great this week, we had a successful swing trade which ultimately helped us gain massive 820+ pips; XAUUSD price has changed its trend as DXY is bullish. We expect price to reach 1850 first as currently sellers have immense control in the market. At 1820 zone we expect price to bounce back up until 1880 zone where we can sell big 500 pips.
Thanks all for your continuous support.
"Gold's Battle at 1944: A Crossroads"#XAUUSD On September 1st, encountered a formidable resistance barrier at 1950 and subsequently began its descent toward the established support level at 1885. Interestingly, the downward trajectory was interrupted as gold found a reversal point around the 1900 mark. Currently, the precious metal is in the process of retesting the 1944 resistance level.
Should gold successfully breach the resistance at 1944, it could signal a potential bullish move, with the price poised to ascend towards higher levels, possibly reaching 1985. However, if the resistance at 1944 holds firm, there remains the possibility of a downward correction in the gold market.
Sell Entry - 1942
TP1 - 1900
TP2 - 1885
Buy Entry - 1946
TP1 - 1980
TP2 - 2015
SL - Join Our Channel
XAUUSD: In-depth gold analysis
Friday opened 1919, the continuation of last Thursday in 1913 support to open the rebound rhythm to continue to rise, on Friday twice up to 1928 were blocked, but also fell back to 1924 was supported, and finally closed in 1925, the daily line recorded a small positive line.
Last Friday's action suggests slightly stronger support for 1924.
The daily level has been getting closer and closer to the dead corner of the convergence triangle, indicating that the direction is fast, but the current direction is very unclear.
At the four-hour level, the interest resolution on that day, the price quickly rose to 1947 and then fell quickly to 1913, indicating that the short strength appeared, but the price was supported in 1913 and then rebounded to the upward test before blocking the swap resistance level in 1928, although it was blocked, it was delayed to make new lows (points lower than 1913). This is not consistent with the performance of strong bears.
Therefore, to see the price trend after the test resistance level, the current probability is greater in the following two situations.
In case 1, the price never went down near 1922, was supported by a rebound, and then formed a 1935-1922 adjustment range. Case 2, the price goes down and makes a new low, a low lower than 1913, and then the price goes to around 1900.
Therefore, the focus is on whether the price is supported in 1922 to start a rebound, which determines whether the price enters a correction range or starts a downtrend.
Today's operation is more stable, immediately retreat after harvesting profits!
XAUUSD:GOLDDear Traders,
The recent data on DXY came out to be positive and that had supported DXY to remain bullish today after yesterday GOLD spiked up and reversed from our area of entry. The last setup was a successful one and we expect the same thing with this one.
Area of entry:
SELL GOLD BETWEEN 1935-40 ZONE
STOP LOSS: 70-80 PIPS MAX
TAKE PROFIT: 1920
TAKE PROFIT(SWING): 1900
THANK YOU AS ALWAYS!
XAUUSD: Analysis and operation today
On Tuesday (September 19), the Federal Reserve officially began a two-day policymaking meeting, the Federal Reserve's latest economic forecasts and Chairman Powell's speech on the future outlook hints received wide attention from investors. Four hours of technical analysis, although the continuous rise of the price is stable above the two moving averages, but from another perspective, the rapid rise of the emergency fall, there is no only rising market, there is no only falling trend, although the bulls are strong, but the moving average still maintains the trend of the dead fork, and the continuous rising trend has the demand for adjustment on the technical side. In addition, the price is close to the key 1938 pressure level, although the current price is temporarily running near the support band around the previous 1930, there is almost no rebound strength, and the short-term trend is less and less weak.
Operation suggestion:
To callback to do more! The specific time will be notified later!
XAUUSD: Gold analysis and layout
Gold rose last week, and then began to slowly shake down, the lowest fell to around 1900, but still not broken 1900, Thursday bottomed out, Friday rose strongly, the highest to close near 1930, the weekly line closed a lower line longer than the upper line of the positive line. At present, it is temporarily in the range waiting for a breakthrough in the choice of direction, and the daily line is parallel to the end of the line, and the wide fluctuation between the upper and lower rails is temporarily seen in the short term
Four-hour chart a wave of recovery to recover lost ground, re-broke the downward step, approaching the fall, and there is no obvious unilateral direction in the short term, longer is in the sawing shock, the interval at the beginning of the week, the time point after the European trading, the day to pay attention to the small resistance 1930 breakthrough, followed by 1945/1953 pressure, Focus on 1916/1900 support below
Specific layout:
(1) See 1945/1953 can be short respectively, the target to see 1930-1922
(2) See below 1916 to do more, lose 7 points, the target to see 1926-1930 on the break
(3) Focus on the broken position in 1930
Join me and don't let hesitation and procrastination affect the speed at which you make money
Gold (XAUUSD) 4H OUTLOOKSo, as stated before, gold has been moving in a channel until the peak and falls and broken the uptrend.
Currently gold is in a consolation structure, our best option is to sell at resistance and take our profits in the consolidation demand zone, the best selling zones are At $1984.0 only if the price reach this area of value from the current price level without breaking the consolidation "Demand" and other sell comes if the price probably falls below $1896.0 or after the possible retracement, our priority is to capture the best sales at consolidation resistance or better, after the breakout and retest.
📊 SET UP GOLD - PRICE
🛃BUY GOLD AT $1916.40
🟢TP $1977
🔴SL $1907
🚼SELL GOLD AT $1883.0
🟢TP $1900
🔴SL $1993
Gold top may be formed, go short directly
Gold broke back last Friday, and then retraced slightly in the early morning after hitting the 30 line. After the opening of the day, it directly countered near 22. It is continuing to counterattack. At the same time, the daily line is above the short-term moving average, and the moving average The system's point position will also remain near 15, which is basically the same as the previous top-bottom transition line. The weekly line also closed in a small positive shape last week, mixed with the arrangement of the moving average system, and the short-term long-short trend It still needs to be discussed, and the current key pressure above is maintained at the 30 line. This position is also the previous top downward point, and it is also the position where the pressure retracement last Friday, so it is still possible to continue to decline in the short term, and this position is also It is expected that the three-top pattern will form again, giving the short sellers a greater choice in the later period. Although the bulls are currently rising slightly, it is far from the bottom of the reversal. In the current tentative upward trend, we still try it first. If you want to go short and wait, you can go short gold directly around the current price of 1929-1930 during the day, with the target around 1915-1920 and stop loss of 1938.
: Gold is short-term directly around 1929-1930 in the short term. The target is around 1915-1920 and the stop loss is 1938.
Gold US market 1910 backhand long!
The gold news is negative but it has not fallen below, and the U.S. market is going long at 1910!
Although the gold market fell to a new low after the US CPI data, there was no continuity, and it rebounded strongly, breaking through the pressure position during the day. If it is weak, it is strong. If it is not negative, it will rebound! , directly backhand and go long!
Although gold is in the downward trend on the daily line, there is still the possibility of a short-term rebound! The pressure above is at the 1925 line! In the U.S. market, we will use the data to make a rebound first, and then go short after encountering resistance!
Trading must not be long or short, but should be adaptable and flexible according to market trends! Just like now, if it is clear that the negative news will not fall, then it is necessary to adjust the thinking in time!
Gold reverses, the market outlook is kan'k
Judging from the hourly trend, the market outlook is bearish. In the absence of news stimulation, only shocks can brew unilaterally. Today's trend has been perfectly verified. The price quickly broke through the shock range and continued to run in the original direction. A new round of space opens below. Our recent operation ideas will be based on high altitude, with a firm goal of looking at the integer mark of 1900!
Judging from the four-hour pattern, since late August, the current upward trend has formed a spire shape. The bullish trend has ended, and shorts will dominate the market outlook! Driven by the breaking of the hourly shock trend and the head and shoulders top of the four-hour line, it is only a matter of time before the price reaches the 1900 integer mark. In the evening, the price rebounds to the 1915 line and directly places short orders. The rest is to stick to our short orders and wait for the market situation. Cash in on profits after plunging!
Trading strategy: short gold at 1915, stop loss at 1923, target at 1900
gold trading strategy
Through the analysis of the 4-hour chart of gold, we know that the market first rose and then fell, and received strong support at the 120-day moving average support level below. When there was a decline in the early stage, it turned into an increase. It was pressure. After a wide range of intraday fluctuations, the volume was adjusted. The breakthrough pressure has now become support in turn. In the short term, the suppression of the annual line above is still relatively strong. After all, the moving average system has not yet formed a long arrangement. The MACD below is still running in the weak zone and cannot constitute a strong upward attack in the short term (except for emergencies). In the short term, it will continue to fluctuate within a narrow range of 1917-1935. In terms of operation, we will continue to think of high altitude, low and long. The specific suggestions are as follows:
Gold 1917 and 1911 are long respectively, the stop loss is 8 US dollars each, and the take profit is 15 US dollars each;
Gold 1933 and 1937 are short respectively, with stop loss of US$7 each and take profit of US$15 each.
XAUUSD Gold Trade Analysis of 47.36 Risk Reward Ratio.{13/09/23}Educational Analysis says XAUUSD may go long according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Broker Oanda
The gold commodity weakened its value against the USD.
However, I am looking for buying opportunities in the correction trend.
But for the trend trading, I will also be shorting this pair.
Let's see how this trade analysis plays out for me.
So one trade is already on with RR is 1:47.36
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
XAUUSD: Analysis and operation
At the beginning of this week, gold continued to short, and the support below focused on the 1915 line. Once the 1900 level is broken, it will certainly not be held, and the target is the early 1890-1885 low. Suggestions for today's operation:
gold:sell@1926-1931 tp1 1916 tp2 1905
Join me and don't let procrastination and hesitation stop you from making money!
U.S. market direct short, absolute profit
Gold continues to be short and bearish. The 1926 short order has entered the market. Now the market is running in a narrow range, and the short order continues to decline. Keep the bearish thinking unchanged!
Gold was in a downward trend for 4 hours, and the rebound was suppressed by the K-line. The rebound did not break through the key pressure position of 1925 suggested in the early trading, and the bulls rebounded weakly. The final result is to continue to go down!
Short, the U.S. market is bearish, and short is bearish!
specific strategy
Gold 1926 short, stop loss 1933, target 1910.
Continue to make profits, gold 6 consecutive victories
Gold has successfully arrived at the 1915 position I mentioned to you before. I have reminded many times that today is mainly a rebound and shorting. Friends who keep up with it will definitely make a profit today. In the US market stage, we have made 6 orders repeatedly. If you are right If you don’t understand the market, I suggest you pay attention to me, because I will analyze the technical indicators in detail every day, which will definitely be helpful to you.
Gold continues to wait for a rebound to short!
Take profit on short orders, technically short positions have a demand for back-drawing corrections, and a stable operation strategy within the day can patiently wait for the price to rebound to around 1932-1933 before placing short orders!
The daily trend has closed a relatively large negative line, and there is a high probability that it will continue to maintain a negative trend.
The hourly short trend remains good, but the only downside is that the counter-drawing power is relatively weak, and there are very few opportunities to enter the market. If you don't grasp it well, you will wait and see all day. From a technical analysis, the moving average maintains the form of a dead cross, and the price has also fallen below and stabilized below the bullish trend line. The decline is already a certainty. If it rebounds to the 1933 line today, it can continue to be empty. Focus on the moving average pressure of the 1938 line in the day , the goal is to look at the support level of 1918, which is a 50% retracement of the overall rise!
Gold price moves towards 1921-1919 support
As we analyzed in the morning, the Reserve Bank of Australia’s stance on hold provided a positive trend for the U.S. dollar index. Quantity means that it will move to a lower position. And because the 240-hour moving average has declined, the nearest support below can be seen at the 1921-1919 line (this position has also been mentioned before), and the bottom is 1915. As long as there are no major emergencies, the price of gold may fall below 1915 in the short term very low.