xauusd July 3 trading strategy
#xauusd Today is July 3rd. Every day I bring you accurate and perfect profit signals, I think today will not be a surprise
Today gold broke 2343. So there should be a new trend today.
Today's activity range of gold is between 2327-2371. Let's continue to talk about trading in two areas.
1/2327-2371 range
buy2329-2331/2333-23237 tp2350 (this price will be very safe, at the junction of the H dividing line)
sell2360-2365 sl2371 (breaking this price will no longer sell)
2/Outside the range of 2327-2371.
If the hourly line breaks through 2327, then gold will continue to fall.
sell23272-2325 tp2318 or more
Hourly line breaks through 2371. Then gold will continue to rise
buy2369-2371 tp2375 or more
I update my analysis almost every day. If you like me, please give me a thumbs up. And join me. Thank you everyone.
Xauusdsell
Gold short entry 2660.00 - 2365.00XAUUSD ( Update..! )
Intraday Sell setup short
GOLD SELL LIMIT AT 2360.00 - 2365.00
TAKE PROFIT 1 : 2350
TAKE PROFIT 2 : 2340
TAKE PROFIT 3 : 2335
STOP LOSS 2374
When hitting targets ;
Set Break-Even after first target.
Partial close at minimum 40-50 pips.
Implement minimum 2 layers in the zone
Please follow a sensible and responsible money management strategy when trading. You should never invest money that you cannot afford to lose. Risk 3% of capital.
XAUUSD - Sharp reversalSELL 2360-2365
SL 2370
TP 2340 - 2330- 2300
---------------------------
BUY when break 2372
TP 2380-2400
SL 2360
---------------------------
World gold rate stood at 2,361 USD/ounce, a pointy boom of 32 USD/ounce as compared to the equal hour the previous day morning. Converted on the financial institution change fee except for taxes and fees, the arena gold rate is ready 72.five million VND/tael, approximately 4.forty eight million VND/tael decrease than the SJC gold rate sold.
World gold charges jumped greater than 1% for the duration of the session, attaining the very best stage withinside the beyond 2 weeks as new facts strengthened forecasts that the United States Federal Reserve (Fed) will lessen hobby fees in September. The marketplace is presently having a bet at the opportunity The opportunity of the Fed slicing hobby fees in September is 68%.
Last week, the variety of programs for US unemployment blessings elevated for the primary time. US provider enterprise hobby in June fell to a four-12 months low amid a pointy drop in orders. Experts say that that is a sign that the economic system is dropping momentum on the quit of the second one quarter.
At the maximum latest assembly in June, Fed officers admitted that the United States economic system became slowing down and "rate stress is easing". Investors are presently anticipating the non-farm payroll record to be launched this Friday to higher examine the opportunity of this company adjusting hobby fees.
XAUUSD Gold Technical Analysis and Trade Idea - Trading A Range👉🔍 XAUUSD is curently rangebound and we are looking for an opportunity into the London Open. Additionally, we cover essential topics such as trend analysis, market structure, price action, and other key aspects of technical analysis. Please remember, this video is for educational purposes only and does not constitute financial advice. 📊✅
Gold directed to the support. Will it hold up this time?Gold is forming a head and shoulders, and looks like it is headed towards the $2,290 support, will it bounce off it and get back up this time?
If it completes the structure we could see it pierce the support, and in that case having many areas to fill at the bottom, it could go down a lot.
In trading everything will be filled, there are many areas still open, please be careful to open long on the $2,290 support, check before the price rebounds solidly.
Gold trading strategy for July 2
#XAUUSD
Hello everyone, today is July 2, 2024. My analysis yesterday brought you huge profits. About 280pips
I think today's trading still needs to focus on the 2318-2322 range below and the 2340-2343 range above.
So trading within the range
1/Trading within the range of 2317-2343 can be scalped:
Buy 2313-2318 tp2327-2332
Sell 2336-2340 tp2332-2328
If any range in this range is broken, I think a new trend will be formed:
I will give you several buy and sell trading signals for your reference.
2/Trade outside the range 2317-2343
Buy 2302-2305 tp2311-2317-2322-2329
Sell 2349-2352 tp2345-2341-2333
I hope my analysis can help you win in trading. If you are interested in my analysis, please join me
Trading entries and why investors are flocking to precious metalAsian Session Gold Today is reacting above the 233x zone. With the Trend Rhythm in D1 nevertheless reporting a lower and the Short Frames are reporting an increase. So today`s buying and selling factor I will input in keeping with the vintage charge frames in keeping with help and resistance.
> For Shortwave, you could talk over with Buy Gold Around 2328>2330
SL 2325
TP 2336>234x
If Gold will increase however does now no longer destroy via the 2338>2340 zone, then Canh Sell Gold Always on this Zone
SL 2342
TP 2330>2326
Everyone can display and look ahead to transactions in keeping with the Plan I recommend. The marketplace has new developments. I will replace later
--
Gold price forecast
General Director Marc Chandler of Bannockburn Global Forex analyzed that if the price of precious metals increases beyond the mark of 2,350 USD/ounce, it will continue to increase to 2,360 USD/ounce, even conquering the price of 2,400 USD/ounce.
Marc Chandler predicts that the French election and the US employment report are also one of the important driving forces to push investors to pour into precious metals.
David Morrison - senior market analyst at Trade Nation - said that after 2 months of consolidation, developments in the gold market are becoming increasingly attractive, especially when inflationary pressures ease. Morrison forecasts that gold prices will exceed $2,350/ounce in July.
Other analysts noted that gold is still in a strong uptrend as the price remains at the support level above 2,300 USD/ounce.
In this round, I choose to short gold!Gold rose to around 2340 last Friday and then fell back, which is exactly the 61.8% golden section of 2368-2293, so there is still relatively strong resistance above gold. At present, gold has rebounded to above 2330 again. Although it has destroyed the short-term downward momentum, the continuity is not strong and the rebound is not strong enough, exacerbating the gold shock.
In addition, it can be seen from the short-term structure that there are obvious signs of a head and shoulders top structure in the short-term structure, and the shoulder position is near 2331. Of course, even if gold rebounds strongly, the rebound high point last Friday limits the rebound space, so the upper space is obviously not large. Therefore, in short-term trading, I still tend to short gold at a high level! First pay attention to the resistance of 2335-2340 above, and first pay attention to the support of 2320-2315 below!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
SIDEWAY !! Gold price stuck below $2350⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) started the week subdued, fluctuating below a multi-day peak around $2,340 following the US PCE Price Index release. The key inflation data reinforced market predictions of potential Federal Reserve interest rate cuts in September and December, pushing the US Dollar further from its recent two-month high and bolstering gold as a result.
⭐️ Personal comments NOVA:
Gold price in early July is still maintaining in the range of $2310 - $2350, sideways, waiting for very important news this week.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2312 - $2314 SL $2307
TP1: $2320
TP2: $2330
TP3: $2340
🔥SELL GOLD zone: $2345 - $2347 SL $2352
TP1: $2338
TP2: $2330
TP3: $2320
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Gold trading analysis on July 1
#XAUUSD
Hello everyone, today is July 1, 2024. Today is the first trading day of this month. I hope my analysis can bring you some trading profits:
I think today's trading is not difficult. We need to pay attention to the range of 2318-2322. And the range of 2340-2343.
1/Trading within the range can be scalped:
buy2318-2322 tp2327-2332
sell 2336-2340 tp2332-2328
If any of the ranges in this range is broken. I think a new trend will be formed:
I will give you several buy and sell trading signals for reference.
2/Trading outside the range
buy2303-2307 tp2311-2317-2322-2329
sell2349-2352 tp2345-2341-2333
If these price ranges are reached, I think it is very worthwhile to trade.
Of course, there will be non-agricultural and various news releases in the next few days. I will also actively update my thoughts and signals.
XAUUSD - the downtrend is increasingly clear🖥 GOLD PRICE ANALYSIS - July 1, 2024
🔽Watch Sell Gold on the rate variety 233x-234x
❌Stop location 2345
🔼Buy brief Gold at rate variety 2295-2300
❌Stop location 2285
🌐 During ultimate week`s session. Comment pretty near the Gold market, Signs of sideways motion withinside the beyond week are pretty clear, it may be visible that the cutting-edge accumulation location of Gold is withinside the 229x-234x location.
🕯 In this morning's session, Gold confirmed symptoms and symptoms of a moderate Gap, which may be taken into consideration a rate recuperation force, to retain the subsequent decline of Gold this week.
🕯 Traders can promote while the rate retests the 233x-234x location, it's far anticipated that Gold will fall again to the 2300 location this week.
--
Commenting at the gold rate trend, a few analysts stated that even though long-time period basics continue to be stable, the marketplace lacks a catalyst to create a sturdy recovery. Investors retain to recognition at the possibility value of gold because the US Federal Reserve (FED) keeps a advantageous economic policy.
Although gold might also additionally remain a tepid trade, the valuable steel is forecast to rebound in September.
XAUUSD - Strong uptrendXAU - 10:00 June 28, 24
Gold is currently increasing again in the Strong Buying Trend Plan. With this momentum, Gold will probably increase 235x again soon, everyone.
Everyone today refer to Canh Buy Gold around 2317>2319
SL 2315
City 2326>2335
If Gold Increases again without breaking past 2327, then Sell Gold again around the old candlestick area around 2327>2329
SL 2331
TP 2320>231x
On Friday, I do not encourage much trading. Last week, there were a few short SL days, but overall, I still had good trending beats. Last week, anyone who installed a Bot or followed a Bot was flooded with profits 👌👌 @All
Across maximum timeframes, BB is narrowing and buying and selling sideways over the weekend after the valuable steel capitalized on a sturdy in a single day recuperation from two-week lows. The fee is presently trying out the 2320 guide stage amid moving sentiment. With the cutting-edge fashion, fee will increase are viable however the resistance stage at 2345 is not likely to be damaged due to the fact the primary fashion of the marketplace continues to be correction.
The attention now turns to the maximum applicable US macroeconomic report, the Personal Consumption Expenditures (PCE) Price Index. The Federal Reserve`s desired inflation index could be launched on Friday and is predicted to expose inflation growing 2.6% 12 months-on-12 months in May, barely decrease than preceding stage of 2.7%. Easing inflationary pressures will raise hopes for an upcoming US hobby price reduce and cause a decline withinside the USD. However, because the marketplace might also additionally turn out to be optimistic, the opportunity of XAU/USD growing may be very constrained.
The admin in my view believes that the fee will now go back to the constrained resistance location of the BB band, gold will decline. The predicted goal for this decline is at the least the 2300 stage.
Don’t chase the rise in gold, continue to short gold!To be honest, the rise in gold today far exceeded my expectations. Gold hit a high of around 2331, and strongly broke through the short-term resistance of 2315 and 2325. In particular, the release of the initial jobless claims data was bearish for gold, but it was unexpected that gold rose instead of falling.
Although gold rebounded strongly in the short term, I don't think the trend has reversed. First of all, after gold fell below the 2300 mark yesterday, it rebounded directly to around 2331 today. The time was too hasty and the time window was unreasonable! In addition, the continuous rise in gold in the short term is actually at a high level, because the current gold price is still suppressed by the 2335 platform above, and the sharp rise must have a retracement trend to confirm support!
In addition, in my opinion, today's gold bulls' raid is just the last struggle of the bulls. It is also sweeping the short orders. When the short orders are swept clean, it will fall again! ! ! So in terms of trading, what we have to do now is not to chase the rise of gold, but to insist on shorting gold!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
DOWN trend for gold!! under $2300⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) continues its steady movement below $2,300, approaching a two-week low. The Fed's unexpected hawkish stance earlier this month, predicting only one interest rate cut in 2024, bolsters US Treasury bond yields and hampers the non-yielding gold. The global equity markets' underlying bullishness also limits the upward potential of this safe-haven metal.
⭐️ Personal comments NOVA:
Gold price reached the target area of $2300 yesterday, continuing the DOWN trend, waiting for price reaction when bears prevail.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2271 - $2269 SL $2264
TP1: $2276
TP2: $2284
TP3: $2290
🔥SELL GOLD zone: $2320 - $2322 SL $2327
TP1: $2310
TP2: $2300
TP3: $2290
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
USD soared, causing world gold prices to fallGold the day past fell deeply to the 229x location and is having a mild restoration with Rsi oversold.
With the primary fashion of the marketplace being down, it's far very viable that Gold Today`s rate will growth 5>7 greater instances earlier than reducing further.
Today's Plan I will Buy consistent with rsi and look ahead to accurate factors to promote consistent with the Trend.
All buyers are looking Buy GOLD 2297>2300
SL 2295
City 2306>2313
Canh Sell Gold on 2310>2313
SL 2316
City 2306>2288
Prioritize Selling consistent with Trends and Buying Small Vol
--
World gold price 'cools down'
According to expert analysis, the direct factor causing world gold prices to fall is the high USD and sharp increase in US government bond yields, at the same time investors are interested in expected US inflation data. announced this week.
Head of commodity strategy at TD Securities, Mr. Bart Melek, commented: "At the present time, the market is likely reacting to information with the USD, and at the same time the market continues to influenced by expectations that the US Federal Reserve (Fed) will likely not take any action related to interest rates this summer."
The USD increased 0.4% to its highest level in 2 months compared to the currencies of G7 countries, so gold became more expensive for investors owning other currencies. At the same time, the 10-year US Treasury bond yield hit its highest level in 2 weeks.
This week, the focus of the market's attention is the US consumer spending index (PCE), an index that the Fed is very interested in in its policy decisions. The performance of the PCE index will have a certain influence on the Fed's policy decisions.
In addition, data on US GDP in the first quarter of 2024 and information related to the debate between US President Joe Biden and Donald Trump will also attract great attention.
Data released on Tuesday this week showed that US consumer confidence in June 2024 cooled amid worries about the major economic outlook, although consumers still believe that US inflation in 2025 will less stress.
XAUUSD GOLD Technical Analysis and Trade Idea👉🔍 In this analysis of XAUUSD (GOLD), we examine higher time frame charts that suggest a bearish trend with a potential retracement into resistance. The price action indicates a strong bearish move into support. I am anticipating a possible short-term bullish reversal into resistance for a buy, followed by a sell opportunity from the Fibonacci retracement. It’s crucial to understand that this is speculative and not a guaranteed forecast. Watching for specific price movements to confirm a buy or sell is essential, as explained in the video. This video offers a detailed look at the trend, market structure, and price action. Keep in mind, this content is for educational purposes only and trading carries significant risk. Always use robust risk management strategies in your trading practices. 📈🔔
Continue to short gold, targeting 2285-2280Gold continued to fall today and fell below the 2300 integer mark as expected, reaching a low of around 2293. There is no doubt that the short-selling force is in full control of the situation. In terms of recent trading, I have basically maintained the rhythm of shorting gold. Obviously, today is another day of making a lot of money.
Although gold started to rebound after reaching 2293, the rebound was extremely weak and the overall bearish sentiment on gold was strong. It is undeniable that after gold fell below 2300, some bargain hunting funds began to buy gold, so relatively speaking, there were some differences in the market. Then we must be extra careful in trading! It is not ruled out that there will be a temptation to go long in gold.
However, in the next transaction, since the gold price has fallen so much, it is impossible for gold to suddenly rebound without the stimulation of important positive news. The reversal is not so fast! So even if gold rebounds, it cannot be expected too high! So next I still tend to short gold after the rebound. As gold falls, the resistance area moves down. First, we mainly focus on the resistance in the 2310-2315 area; secondly, the resistance in the 2320-2325 area.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Continue to short gold after the reboundAfter gold rebounded to around 2337, it quickly fell back to around 2320, but gold did not continue to fall at present, which shows that the bears did not have an absolute advantage, and the bulls still have room for defense! Gold as a whole is still in a trend of shock adjustment.
Although the gold bears did not have an absolute advantage, they still had a slight advantage relatively speaking, so after gold fell to around 2320, I did not immediately go long on gold to prevent gold from breaking the shock trend and testing the support of the 2310-2300 area again. As gold fell again, the resistance area of gold moved down, and we first focused on the resistance area of 2330-2335. As gold pierced 2320 during the decline, gold should still have room to continue to fall.In addition, it cannot be ignored that gold has signs of forming a head and shoulders top in the short-term structure.so in terms of trading, I still tend to short gold.
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
XAUUSD:If you are long or short, what should you do next?
As of today, gold has not fluctuated much, and the resistance is mainly concentrated near 2336. From the chart, there are signs of head and shoulders. If formed, the next low point should be around 2312-2307.
In terms of trading ideas, maintain low longs for the time being. What needs to be paid attention to at present is the support of the range of 2321-2317, which can be used as the area to start longs with moderate risk.
Because if the market falls to around 2307, the probability of rebounding is relatively large, and the resistance of the rebound will also appear near 2318. Then the long orders added in the range of 2312-2307 will give some profits, and the longs near 2320 will suffer a small loss, but overall the transaction will end with profit.
Another strategy is to start short trading directly. If the support is effective, you can add orders in the range of 2336-2346, because from a medium-term perspective, I still tend to be short-selling, and the target is maintained in the area near 2268.
Therefore, no matter whether you are currently holding long or short positions, you don’t need to worry too much. As long as the account funds are sufficient, you can end up with a profit.
If you have any other questions, you can leave me a message.
XAUUSD - World gold prices retreatedGold closing night time had a rebound withinside the 233x place however nevertheless couldn't growth strongly beyond the charge variety I assessed the day past at 2335.
>Today I will retain to attend and change round faux regions that react to Ma and Support Resistance.
>Plan for Current fashion is down.
>Canh Sell Gold own circle of relatives round 2330>2334
SL 2336
City 2324>2316
>For Buy, these days I will wait to Buy Gold under the candlesticks and Buy Zone under 231x
Plan Buy Gold round 2318>2322
SL 2315
TP 2330>2335
With Today`s Market Rhythm, You Should Sell According to the Clearly Shown Market Trend. As for Rhythm Buy, you need to hold Vol safe 👌👌
--
Gold bullion prices fell more than 1% last weekend, after the USD soared due to the impact of US business activities rising to the highest level in the past 6 months, and the US job market also gradually recovered.
Currently, investors are waiting for data estimating the first quarter's gross domestic product and the personal consumption price index report. "If the core PCE index increases sharply, this is not good news for gold, pushing the price of the precious metal down to 2,300 USD/ounce," Kelvin Wong added.
In a meeting earlier this week, Mary Daly - President of the San Francisco Fed Bank - said that the US Central Bank should not cut interest rates before policymakers assess inflation towards 2%. She also noted that the unemployment rate is increasing and becoming a risk to the US economy.