Spot gold The short sell order arranged at 4418 for the southbound move succeeded—take profit and exit the trade!#黄金 #伦敦金 $XAU
渡尘-eco
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Spot gold In the short term, the 15-minute chart shows a bearish divergence at the top. If the gold price breaks below the trend line, it will be around 4418, and the short-term gold price is expected to move down to around 4400. Trading suggestion: At the current price of 4419, set up a short position to enter southbound, place a stop-loss at 4430, and take profit at 4400! #黄金 #伦敦金 $XAU
Spot gold In the short term, the 15-minute chart shows a bearish divergence at the top. If the gold price breaks below the trend line, it will be around 4418, and the short-term gold price is expected to move down to around 4400. Trading suggestion: At the current price of 4419, set up a short position to enter southbound, place a stop-loss at 4430, and take profit at 4400! #黄金 #伦敦金 $XAU
The thing that’s uncomfortable tonight is that the market is back, but Danzi is gone. However, making preparations is the key. When the real market comes, if you don’t do risk control, it will be too late!#黄金 #伦敦金 $XAU
渡尘-eco
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Bullish
Today’s early session gold saw a pullback to the 4366 low, then continued Friday’s upward trend, pushing higher to a peak of $4416. Afterwards, the price of gold traded in a range between $4410 and $4386.
As gold consolidates and adjusts, the bullish trend on the hourly chart is becoming even more obvious. The moving average system shows a bullish alignment, the Bollinger Bands are opening upward, and price is trading between the mid and upper bands. The MACD fast and slow lines overlap, and all that’s needed is for the bulls to release volume. In the evening, price is expected to hold above the $4440 area.
Evening trade plan: My personal recommendation for the evening is to watch for support near $4385—the low point after the early-session rally. If gold pulls back to $4390 in the evening, then decisively set up a long (buy) position heading north. Place a stop loss at $4380, aiming for $4440.
The above is only my personal views. If you have different opinions, please don’t be offended. This does not constitute any investment advice. Financial markets are volatile, investment involves risk, and you should proceed with caution when entering the market.#黄金 #伦敦金 $XAU
Today’s early session gold saw a pullback to the 4366 low, then continued Friday’s upward trend, pushing higher to a peak of $4416. Afterwards, the price of gold traded in a range between $4410 and $4386.
As gold consolidates and adjusts, the bullish trend on the hourly chart is becoming even more obvious. The moving average system shows a bullish alignment, the Bollinger Bands are opening upward, and price is trading between the mid and upper bands. The MACD fast and slow lines overlap, and all that’s needed is for the bulls to release volume. In the evening, price is expected to hold above the $4440 area.
Evening trade plan: My personal recommendation for the evening is to watch for support near $4385—the low point after the early-session rally. If gold pulls back to $4390 in the evening, then decisively set up a long (buy) position heading north. Place a stop loss at $4380, aiming for $4440.
The above is only my personal views. If you have different opinions, please don’t be offended. This does not constitute any investment advice. Financial markets are volatile, investment involves risk, and you should proceed with caution when entering the market.#黄金 #伦敦金 $XAU
Today's total profit: 5397 dollars Although there was a small loss, the result is good Updating today's trading progress 4390 Buy up north, 4410 take profit, 20 points, gained 2883 dollars 4398 Buy up north add position, 4410 take profit, 12 points, gained 1876.5 dollars 4405 Buy up north, 4398 exit, -7 points, stopped loss, loss 1060.5 dollars#黄金 #伦敦金 $XAU
The opportunity is there; I’ve marked the entry location for you. Northbound around 4385—today, just getting on the train once is enough to enjoy it! #黄金 #伦敦金 $XAU
渡尘-eco
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After a breakout, the pullback and stabilization is a healthy market trend dynamic, applicable to various chart patterns. Currently, after the gold price broke out of the flag-shaped channel, it surged to a high of 4416. In the short term, the 15-minute gold price is under pressure and has reversed. As time passes and the price fluctuates, later look around the 4385 level in order to see whether the gold price can stabilize. If it stabilizes, that would be the best opportunity to enter and go long.#黄金 #伦敦金 $XAU
After a breakout, the pullback and stabilization is a healthy market trend dynamic, applicable to various chart patterns. Currently, after the gold price broke out of the flag-shaped channel, it surged to a high of 4416. In the short term, the 15-minute gold price is under pressure and has reversed. As time passes and the price fluctuates, later look around the 4385 level in order to see whether the gold price can stabilize. If it stabilizes, that would be the best opportunity to enter and go long.#黄金 #伦敦金 $XAU
After a pullback to the lowest $4366 in the early session, gold prices rebounded. The current gold price is around 4410. As mentioned this morning, we laid out a buy at the pullback to 4360 to enter and head north, targeting 4395. After breaking 4400, we’ll look at 4430. Brothers who got in have good fortune. For friends who already hold positions, you can reduce your position and look toward 4430! #黄金 #伦敦金 #现货黄金 $XAU
渡尘-eco
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August 17: This Week’s Gold Outlook — Bullish; Today’s Pullback Is for Buying
After gold opened on Friday, it pulled back in the early session to test Monday’s low of $4,310, then reversed. In the European and U.S. sessions, it reversed upward; during the European session it broke above the day’s high. Then after the U.S. market opened, it surged to a new intraday high of $4,396, before falling back. In the late session, it made a minor pullback and closed at $4,375. Overall, it formed a V-shaped reversal pattern.
On the daily timeframe, the view that gold is in an uptrend remains unchanged. At least until gold rises to around $4,550, we do not expect a significant pullback.
On the four-hour timeframe: On Friday, gold reversed upward from $4,310. After breaking above the intraday high of $4,365, it moved higher. However, at the end of the session it stalled and met resistance near $4,400, indicating that upward momentum has weakened somewhat. The Bollinger Bands are relatively flat, suggesting the medium-term outlook favors consolidation.
On the short-term hourly timeframe: The Bollinger Bands have opened upward. After the session opened, the gold price edged higher, but volume did not expand enough to confirm a breakout. The KDJ lines are running downward. Today, it’s not out of the question that gold could pull back first and then continue higher.
In summary: The larger trend for gold remains bullish. In the short term, price action is likely to consolidate and trend upward. For intraday trading, the suggestion is to go long after a pullback. Watch support near $4,355. In terms of execution, you can patiently wait for a pullback to around $4,360 before positioning for a move higher. Targets: $4,395 first; if $4,400 breaks, look toward $4,430.
The analysis above is for reference only and does not constitute any investment advice. Financial markets are highly volatile; investing involves risk. Exercise caution when entering the market. #黄金 #伦敦金 #现货黄金 $XAU
August 17: This Week’s Gold Outlook — Bullish; Today’s Pullback Is for Buying
After gold opened on Friday, it pulled back in the early session to test Monday’s low of $4,310, then reversed. In the European and U.S. sessions, it reversed upward; during the European session it broke above the day’s high. Then after the U.S. market opened, it surged to a new intraday high of $4,396, before falling back. In the late session, it made a minor pullback and closed at $4,375. Overall, it formed a V-shaped reversal pattern.
On the daily timeframe, the view that gold is in an uptrend remains unchanged. At least until gold rises to around $4,550, we do not expect a significant pullback.
On the four-hour timeframe: On Friday, gold reversed upward from $4,310. After breaking above the intraday high of $4,365, it moved higher. However, at the end of the session it stalled and met resistance near $4,400, indicating that upward momentum has weakened somewhat. The Bollinger Bands are relatively flat, suggesting the medium-term outlook favors consolidation.
On the short-term hourly timeframe: The Bollinger Bands have opened upward. After the session opened, the gold price edged higher, but volume did not expand enough to confirm a breakout. The KDJ lines are running downward. Today, it’s not out of the question that gold could pull back first and then continue higher.
In summary: The larger trend for gold remains bullish. In the short term, price action is likely to consolidate and trend upward. For intraday trading, the suggestion is to go long after a pullback. Watch support near $4,355. In terms of execution, you can patiently wait for a pullback to around $4,360 before positioning for a move higher. Targets: $4,395 first; if $4,400 breaks, look toward $4,430.
The analysis above is for reference only and does not constitute any investment advice. Financial markets are highly volatile; investing involves risk. Exercise caution when entering the market. #黄金 #伦敦金 #现货黄金 $XAU
Weekly Summary: This week, gold saw a one-way uptrend, testing the courage to get on board.
From Monday onward, I kept reminding everyone that gold would rise.
On Monday, August 10th, I pointed out that after a pullback, gold would still go higher.
On Wednesday, August 12th, I reminded everyone that gold would continue to be bullish.
On Thursday, August 13th, I reminded everyone that my bullish bias remained unchanged, with the target now aimed at 4450.
Three consecutive days of clear signals indicated a move upward toward 4450. On Friday, when gold pulled back, I stated that before breaking below 4230, you should not blindly look for downside. Although on Friday’s early session the price pulled back, it then rebounded in the US and Europe sessions and continued to rebound; however, the short-term pullback has not ended yet. This prediction needs time to be verified!#黄金 #伦敦金 #现货黄金 $XAU
Has the August 14 gold pullback and rebound ended?
Yesterday, gold opened with a spike higher. During the day, the highest price reached 4449, then it pulled back; the Asian session saw downside movement. The US and European session continued the decline, breaking out a fresh intraday low. In the end, the market closed the day around $4,350. On the daily timeframe, a bearish engulfing pattern formed. Today, gold opened at $4,353, then continued falling in line with yesterday’s sell-off trend, dropping to a low of $4,310. Currently, gold has rebounded slightly and is hovering around $4,345.
In terms of fundamentals recently: On Friday, the US July non-farm payroll data cooled significantly, causing US Treasury yields to fall and the US dollar to weaken. Also, on Wednesday this week, the CPI data was released: year-on-year it fell by 1%, from 3.5% to 3.4%, which matched market expectations. The release of these two data points has pushed out and eased the probability of the US raising rates in September.
So why, even though the likelihood of a rate hike has eased, is gold not continuing to rise? First, when CPI was released, the market forecast was 3.4% and the actual figure was also 3.4%. Although that represents a 0.1% decline year-on-year, it still matched expectations. The market’s nature is always to buy expectations and sell the news. Second, while the probability of a September rate hike has indeed eased, that reflects longer-term preferences rather than an outcome that will be realized immediately.
For the long run, gold is still biased toward the upside. This isn’t to say that after a small pullback the price turns and heads lower. At least from the chart, before gold breaks below the key bull-bear switching level at 4230, don’t easily assume a bearish move.
For today: during the Asian session, gold tested the 4310 bottom and rebounded. In the afternoon European session, watch the resistance around $4,360. If the European-session rebound is capped below $4,360 and then turns lower, in the US session you can follow the move southward, with a target of $4,320. If it breaks below the intraday low, you can continue looking lower toward 4230.
The above is only my personal take. If you have different views, feel free to share—please don’t flame. This does not constitute any investment advice. Financial markets are highly volatile; investing involves risk, so enter the market cautiously.#黄金 #伦敦金 #现货黄金 $XAU
After the gold European session open, it stopped falling and stabilized at 4365. When the unemployment benefits are released, the gold price went on to reach 4400—if you follow in time, you’ll get to enjoy the profits! #黄金 #伦敦金 #现货黄金 $XAU
渡尘-eco
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Today’s gold opened stronger and surged, then reversed and pulled back during the morning session. The chart suggests a technical adjustment. After repeatedly breaking through the 4395 to 4385 support zone, the next thing to focus on in the afternoon is the short-term support point around 4360 for a potential long/short turning. If the 4360 support is broken further in the afternoon, the gold price will likely move down again to test around 4320. If price can effectively stop falling and stabilize near 4360, it may be worth considering positioning for a northbound move based on the 4360 support!#黄金 #伦敦金 #现货黄金 $XAU
This morning’s gold price rose sharply and then pulled back. In the afternoon, it continued to probe lower near the support at 4360. However, after the European session opened, the gold price did not continue falling; instead, it reversed on the effective support at 4360. Currently, gold is trading at 4385 USD.
Technically, in the short term on the hourly chart, the moving averages show no clear direction. The MACD histogram on the attached indicator continues to expand on the bearish side, indicating increasing downward momentum. But the three lines of the KDJ are oversold and formed a golden cross pointing upward. Overall, the market does not have a clear direction.
At 8:30 tonight, the number of initial jobless claims from last week will be released. The market also needs news catalysts to open the direction. However, this jobs data is not strong enough to provide a significant trigger for the price action. Even if the data comes out positive, gold would likely only gain about 30–40 USD, which is still not enough to determine and break the current trend direction.
In my view, tonight gold will most likely continue trading within the range of 4360–4440. In the evening, watch the 4360 support level. If gold revisits 4360 again and then stops falling, stabilizes, and turns upward, you can make a decisive entry for a northbound move, targeting 4390. If it breaks above that, further upside could be seen toward 4430#黄金 #伦敦金 #现货黄金 $XAU
It’s better to teach a person to fish than to give them a fish When the market broke below $4,385, I decisively flipped to take a short and ate near $4,360 $4,377.9 headed south, $4,365 took profit and exited—12 points, netting $1,942.5.#黄金 #伦敦金 #现货黄金 $XAU
Today’s gold opened stronger and surged, then reversed and pulled back during the morning session. The chart suggests a technical adjustment. After repeatedly breaking through the 4395 to 4385 support zone, the next thing to focus on in the afternoon is the short-term support point around 4360 for a potential long/short turning. If the 4360 support is broken further in the afternoon, the gold price will likely move down again to test around 4320. If price can effectively stop falling and stabilize near 4360, it may be worth considering positioning for a northbound move based on the 4360 support!#黄金 #伦敦金 #现货黄金 $XAU