XAUUSD non-agricultural market forecast
Today I think gold prices will recover, and on the H4 time frame, it is still showing a downward trend, with two important key levels: 2058-2060 and 2077-2079. I think gold is likely to rise during the Asian and European hours. Thereafter, non-farm payrolls news during the U.S. session may cause gold prices to fall.
So, my strategy for today is:
Waiting to buy area: 2038-2041
Area for sale 2058-2065 or 2077-2079
Goldtoday
XAUUSD: 2/1 Today Analysis and StrategyGold technical chart daily line upper pressure 2088 and lower support 2053-2040
In four hours, the upper pressure is 2069-2088 and the lower support is 2066.
One hour upper pressure 2073-2080 lower support 2066
Operation suggestions:
Gold is currently consolidating in a range. As shown in the figure above, go long above 2069 and short below 2066.
Long order: long near 2069
Long order: long around 2040
Short order: short around 2065
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
XAUUSD:3/1 Today’s Strategy and AnalysisGold technical chart daily pressure is 2088, support below is 2053-2040
Four-hour pressure 2069-2088, support below 2053-5040
One-hour pressure 2069-2073, support below 2053-2066
Operation suggestion: Today, focus on 2053/2040 below. Try to go long at this position. If the 2040 mark is broken, the short trend will start. Just continue to go long above the 2066 mark above.
BUY:2066 near
BUY:2040 near
SELL:2065 near
Wednesday: Operation between 2055~2075Gold adjusted and closed again with a small negative structure, and the U.S. index continued to rise. Gold and silver rebounded high. Gold fluctuated widely yesterday and rose sharply during the day. The European and American markets formed a surge and fell back to adjust downward and penetrated 2060 in late trading and fell to a low near 2055. The daily line closed continuously negative and tested the MA10 daily moving average support close to the 53 line. The short-cycle four-hour chart and hour The price in the chart is running in the middle and lower rails of the Bollinger Bands. The central axis of the RSI indicator is below the 50 value. The moving average system maintains its opening downward. The MA10 is suppressing 2066 on the 10th. The US index continues to rise strongly and maintains a strong closing. The daily line is positive, which has a certain impact on gold and silver. suppress. Gold trading today is mainly selling at high prices, followed by buying at low prices.
Yesterday's gold market trend was consistent with my prediction. It fluctuated within the range, with 2075 short and 2070 short respectively. It fell as expected and profited! Now that the market has fallen to the support below, it’s time to start going long! Rely on the support of 2055 to go long in early trading!
Looking at gold in 4 hours, the general direction of the shock trend after the rise remains unchanged is the bullish trend! The watershed between long and short is the 2050 position. Only when it truly falls below 2050 will the downtrend begin! Now the market continues to fluctuate within the range of 2055-2075. It is now exactly the 4-hour Bollinger lower track support position, and there is a rebound expectation! Gold relies on the support of 2055 to go long, and the top continues to pay attention to the pressure of 2075! For the time being, sell high and buy low within the range!
Complete signal 👇
Monday: Gold operates in the range of 2050~2080Gold is now supported by its decline, and there is demand for a rebound. The Asian market rose by $14! From the trend point of view, gold is now undergoing a shock adjustment trend after a sharp rise. It is expected to maintain a shock within the range of 2050-2080. The direction will be chosen after the shock is over! The current operation is to sell high and buy low!
Gold's decline has now found support at the 2055 line. The upper pressure is the hourly upper rail and the rebound pressure at 2073. The upper level is suppressed by 2081. It is expected that it will test the 2050 line again after encountering resistance!
Latest analysis of US market, 2070/2064 supportOn Thursday (December 28), the market insisted that the Federal Reserve would not relax its expectations of a faster interest rate cut. The U.S. dollar and U.S. bond yields were further put under pressure. Gold rebounded and once touched $2,088, approaching the 2,100 mark. Gold prices climbed to more than three-week highs on Thursday as the dollar and U.S. Treasury yields hit multi-month lows as bets grew that the Federal Reserve would begin cutting interest rates as early as March next year.
Technical aspect: On the daily line, the market volatility on the previous trading day was relatively small, and the small positive line closed, indicating that the short-term gold price is relatively strong. In terms of indicators, the market is still running above the 20-day moving average, and bulls still have the upper hand.
The market outlook will focus on the first-line pressure of $2,088 at the top, and the first-line support at $2070/2064 at the bottom.
Gold’s correction is still an opportunity to go long
Gold's retracement did not fall below the key support of 2070, but the bulls remain unchanged. The pullback is still an opportunity to cover long positions! The current price of 2075 is directly higher, and the US market continues to be bullish!
From the trend point of view, gold is still on an upward trend. The current pullback is exactly the support position of the 1-hour Bollinger Band, which is also the support position to start rising again. The US market will at least once again attack the 2100 mark!
In the trending market, every correction is an opportunity to go long. Don’t miss the opportunity before it comes back. The current price is 2075, which is directly long! The U.S. market will surely pull up again in a straight line!
specific strategies
Gold is over 2075, stop loss is 2068, target is 2090.
If you have better suggestions, please leave a message and tell me
28. The rising demand for gold is obviousOn Wednesday (December 27) in Asia, the Bank of Japan released a summary of the opinions of the review committee of the December monetary policy meeting, emphasizing that it is too early to raise interest rates and that the end of negative interest rates must first bring the price target within sight. The U.S. Defense Secretary confirmed that the U.S. military carried out air strikes in Iraq, which resulted in the death of at least one person. Mediterranean Shipping Company (MSC) said a container ship was attacked while transiting the Red Sea. Spot gold once approached the $2,070 mark, and then remained bullish at $2,064.
Gold prices rose, breaking out of a trading range that had been in place for much of December after weak U.S. inflation data fueled more bets on early interest rate cuts in 2024. Gold has rallied sharply in recent sessions as the PCE price index, the Fed's preferred inflation gauge, fell short of expectations.
Inflation data released after the Federal Reserve sent a dovish signal at its last meeting in 2023 raised hopes that the central bank could start cutting interest rates as early as March 2024. This view creates a strong outlook for gold, given that high interest rates drive up the opportunity cost of investing in gold. International gold is also likely to benefit from worsening global economic conditions in the coming year as major economies feel the impact of tightening monetary policies.
There is now clear upside demand for gold, so the risk of going long gold is less than going short
Please pay attention to updates for more trading signals xia
Today's GOLD trading strategyYesterday, gold prices' big movements were mainly seen in the first 30 minutes of the Asian session. The price climbed $10. And in the U.S. session, due to risk aversion, XAUUSD also rose $10. Bulls were relatively strong. However, the optimistic expectations for rate cuts still need to be verified or falsified by the December key data. Currently, the risk aversion sentiment is a more important factor. It may gradually fade, but in trading, we need to see what happened rather than guessing. Don't trade in advance.
Currently, bulls are strong, but the price still cannot break above the 2090-2095 range. If there is no big stimulus, it will be difficult to rise above that range in the near future. If the price of gold enter that area, it may be a good selling opportunity.
Technical analysis on the 1D frame stochastic is in the overbought area, but RSI is not in the overbought area, the histogram has begun to grow higher, on the H4 frame stochastic has been in the overbought area for a long time, RSI has entered the Overbought area, on the weekly chart stochastic is falling very strongly so gold is likely to decrease.
XAUUSD: 26/12 Today’s Analysis and StrategyGold technical chart daily pressure is 2066-2072, with support below 2040
Four-hour pressure is 2066, support below is 2040
One-hour pressure 2066-2072, support below 2055
✅Suggestion: Gold rises again at the opening today. Today, focus on the support of 2055 below and the resistance of 2066 above. If gold does not break through the range, it will enter a small range consolidation.
GOLD TECHNICAL ANALYSIS Gold Since October 6 2023 , the bulls have being in control of the price and even now the bulls seem to be still in control of the price. The big question that traders should ask themselves me included is that, is gold going to trade above the high it created on December 04 2023 which is around 2145.00 , now we are trading exactly where gold closed on the 4th of December around 2071.00 level very interesting to watch Gold.
Gold US market analysis and strategiesI shared the buying signal BUY2055~2058 in the Asian market today, and successfully made a profit of 7$
Now looking at the hourly chart of gold, it is fluctuating all the way up! Now that the rally is continuing, the pullback is still a long opportunity! The current support is the 2048 position. If there is a chance to step back, the price will be higher!
Gold has now reached the pressure position of the daily Bollinger upper track, and after a long period of substantial rise, there is a need for adjustment! The adjustment is not the end of the rise, but the beginning of another rise! Above the dividing line between long and short 2048, it is still a low price to buy!
Analysis and plans for gold after the market opens tomorrowSpot gold's rebound continued last week as the Fed's favored core personal consumption expenditures (PCE) price index for November came in lower than expected.
Gold prices briefly tested above $2,070 on Friday before falling back to the day's opening price. Last week, gold prices hit a maximum of $2,070.67 per ounce and a minimum of $2,015.99 per ounce.
The 4-hour K-line encountered resistance and suppressed the early highs, and the overall trend was still downward. Although gold rebounded to a certain extent yesterday, without breaking through 2070, I personally do not expect the continuity to be strong. To put it simply, shorting will be the main focus next week on rallies. The first resistance above is near 2058. If the counterattack does not break this position, you can go short.
XAUUSD:22/12 market analysis and suggestionsGold technical chart daily pressure is 2066-2072, with support below 2040
Four-hour pressure is 2066, support below is 2040
One-hour pressure is 2066, support below is 2040
Operational advice: Today is the last trading day of Christmas, and the market will be closed for the next three days. Please trade with caution and finish your positions before the market closes!
BUY:near 2040
SELL:near 2066
XAUUSD:21/12 Today’s Market AnalysisGold technical chart daily pressure 2040-2072 below support 2000
Four-hour upper pressure 2042-2066 and lower support 2015-2000
One hour upper pressure 2040 and lower support 2037-2030
Operation suggestions:
BUY: around 2030, target around 2040-2066
BUY: Near 2042, target 2030-2060 (range)
SELL: Near 2042, target 2030-2020
SELL: Near 2066, target 2040-2030
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
Gold to rally tonight?Looking back at the gold fluctuations in the past two days, it is actually a range fluctuation. It is neither a unilateral market nor a bull start, nor a short move.
So before the market breaks out, we only need to do swing trading back and forth between shocks to obtain swing profits.
The range of this wave of shock is 2015-2047
So today’s idea is still to find meat in this range.
Last night we sold in 2038 layout
Take profit in 2027!
A total profit of $11
I predict that tonight to tomorrow Friday will be the time when the market runs out of the range, so the trading in the next two days will be very critical. If you grasp it correctly, you will make huge profits!
If you get it wrong you will burn your account!
Avoid burning your account. The first prerequisite for your trading is to set a stop loss!
Support locations are: 2020-2015
The pressure position is: 2047-2041
The dividing line between strength and weakness on the market is 2030
After seeing this situation clearly, I think you should understand how to trade, right?
Waiting for market opportunities! waiting for my signal
XAUUSD: 20/12 Today’s Market Analysis and RecommendationsGold technical chart daily pressure is 2040-2072, with support below 2000
The upper pressure in the four hours is 2042-2066, and the lower support is 2015-2000.
One-hour pressure is 2045, support below is 2015-2000
Operational advice: Gold continued to fluctuate in a wide range yesterday. The daily line 2040 was supported before. It is obvious that yesterday's closing price closed at the pressure line. Today we will follow the trend and go long after the trend falls, and see if we can break through 2066 above.
BUY: around 2040
BUY: around 2028
SELL: around 2066
You don’t have to follow the analysis point trading I mentioned. Just know what price range and which direction to take.
XAUUSD: 19/12 Today’s Analysis and RecommendationsGold technical chart daily pressure 2040-2072, lower support 2000
The four-hour pressure is 2045, and the lower support is 2015-2000.
One-hour pressure is 2034, support below is 2015-2000
✅Operational advice: Gold has come to the form of consolidating and repairing the convergence of small triangles. Do not chase the market in a volatile range. The daily level is long above the 2000 mark, the 4H level is the 2042 long-short dividing line, and below it is the 2015 support and the 2000 support. Be patient. Wait for the breakout of the triangle range and then chase the trend
BUY: Near 2020
BUY: Near 2000
SELL: Near 2042
SELL: Near 2066
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
GOLD Bullish unchanged, buy on pullbackMarket analysis:
Gold continued to rise yesterday, reaching the highest level of 2033. Now that gold is rising, you can take advantage of the pullback opportunity to BUY!
Gold has already turned to an upward trend after the Federal Reserve's interest rate decision, and now it is only fluctuating in the area of intensive trading pressure in the early stage! The upward trend has not changed. The current effective support line is at the 2018 position. You can rely on this support line to buy bullishly today.
The upper pressure is yesterday’s high of 2033 and the previous high of around 2045!
The specific strategies are as follows:
Gold 2023-2025BUY, stop loss 2015, target 1: 2033, target 2: 2045
XAUUSD: 18/12 Today’s Analysis and RecommendationsReview of last Friday: Suggestion to sell near 2042 last Friday, it fell all the way to near 2017, perfect profit exit
Gold technical chart daily pressure is 2042-2072, with support below 2000
The four-hour pressure is 2042, and the lower support is 2000
One-hour pressure 2042-2066, support below 2021-2000
Operation suggestion: The 2000 mark is the dividing line between long and short that we have always emphasized before. Just go long above 2000. Only by following the trend can you make a profit. If the bulls break through 2042, you need to pay attention to the fact that there is still strong pressure near 2066.
BUY: Near 2000, target 2030-2060
SELL: Near 2042, target 2030-2020
SELL: Near 2066, target 2040-2030
XAUUSD: 15/12 Today’s Market Analysis and RecommendationsGold technical chart daily pressure is 2040-2072, with support below 2000
The four-hour pressure is 2042, and the lower support is 2000
One-hour pressure 2042-2066, support below 2024-2000
✅Operational suggestions: Judging from the daily analysis, today’s watershed for long and short strength will focus on 2042, support will focus on 2024, and the upper pressure will be around 42. Rely on this range to implement the sell high and buy low strategy. Today is still a volatile market.
BUY: Near 2024, target 2030-2040
SELL: Near 2042, target 2030-2020
SELL: Near 2066, target 2040-2030
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
XAUUSD: 14/12 Today’s Analysis and RecommendationsGold technical chart daily line, upper pressure 2040-2072 and lower support 1983
Four hours, the upper pressure is 2042 and the lower support is 2000
One hour, the upper pressure is 2042-2066 and the lower support is 2021-2000
✅Operational suggestions:
Yesterday, gold rose strongly and broke through the 2000 mark. The 2010 level above also briefly fluctuated and then broke.
I have said before that the 2000 mark is the watershed between bulls and bears, so above the 2000 mark we turn long and look towards 2060-2100, and maintain the low-long thinking during the day. Above, 2042 and 2066 are also effective suppressions.
BUY: Near 2021, target 2040-2060
SELL: Near 2042, target 2030-2020
SELL: Near 2066, target 2040-2030
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!