Gold Trading strategy today, XAUUSD - August 1, 2019 ~ Closed Gold +74.26pt (+5.18%)
Monday, August 19, 2019
Markets are in disarray. I have closed gold buy-position. I do not know whether gold has hit its peak. I will watch.
<< Closed Spot GOLD (XAUUSD) +74.26pt (+5.18%)
- BUY Positions: Units: 6, Average Profit: 74.26pt (5.18%), Average Entry Price: 1435.74, Average Closed Price: 1510, Holding Days: 17
Friday, August 16, 2019 (08:29 EST)
I will hold gold with being ready to close. I am going to buy WTI some more when they drop. Natural gas may be around the bottom in the short term, however, I am not sure it is right to buy. 10 year T-Note futures have hit the long term target of 131. Stock indexes are likely to go up and it is time to buy but not to sell. Euro (EUR/USD) is going down as expected. US Dollar will be strong against other currencies.
>> Bought some WTI at $ 54.0
Thursday, August 15, 2019 (07:21 EST)
Gold could rise some more, I do not know whether gold will go up to my target of $1600. I hope so and I will close the position when gold shows weakness. WTI is likely to go higher, even though it is being pressed by them at the moment. I will buy more at lower price.
Wednesday, August 14, 2019 (07:18 EST)
Gold could rise a little more. I will hold the position and be ready to close at any time. I am wating for opportunities to buy WTI. When they drop, I will buy more. Canadian dollar is likely to fall. US dollar will be strong against other currencies.
>> Strategy - CAD/USD - SELL :
Entry price 0.7525 Target price 0.74 (+1.66%) Stoploss 0.7577 (-0.69%)
Tuesday, August 13, 2019 (07:15 EST)
Gold (XAU/USD) is showing a good activity as expected. I am not sure that gold will go up to my target of $ 1600. I will hold the positions with being ready to close at any time. Silver (XAG/USD) has overcome a very important price level today. We need to pay attention. Platinum futures look good, too. Euro (EUR/USD) is staying and could rise a little. However, I think it is not a good time to buy Euro.
I said about Crude oil last week, and they have started to rise. It would be better to buy them when they drop. WTI may be better than Natural gas. So-called They are driving the Middle-East into the worst, and are making war upon China.
>> Strategy - Natural gas, CME NYMEX: NG - BUY :
Entry price 2.2 Target price 2.8 (+27.27%) Stoploss 2.08 (-5.45%)
>> Strategy - WTI Crude, CME NYMEX: CL - BUY :
Entry price 58.31 Target price 90 (+54.35%) Stoploss 53.6 (-8.08%)
>> Strategy - Platinum, CME NYMEX: PL - BUY :
Entry price 870.8 Target price 945 (+8.52%) Stoploss 851.5 (-2.22%)
>> Bought Some WTI at 54.70.
When they drop I will buy more.
Thursday, August 8, 2019 (08:25 EST)
Gold and silver prices are likely to go up a little further. However, there is some risk in holding buy-positions. I will hold gold with caution, silver looks some weak. We need to watch Corn, WTI and natural gas.
<< Closed Spot SILVER (XAGUSD) +0.58pt (+3.55%)
- BUY Positions: Units: 3, Average Profit: 0.58pt (3.55%), Average Entry Price: 16.45, Average Closed Price: 17.028, Average Holding Days: 1
Wednesday, August 7, 2019 (17:13 EST)
Gold and silver prices are soaring like rockets. Surging and plunging are friends each other. We need to watch the markets carefully, and be ready to close the positions at any time.
Wednesday, August 7, 2019 (10:10 EST)
As indexes did not look strong, I closed S&P 500 index futures. I have bought some Silver XAGUSD.
>> Bought Silver XAGUSD at 16.445
<< Closed S&P 500 Index Futures (CME: ES, SPX INX) +83pt (+2.98%)
- BUY Positions: Units: 3, Average Profit: 83pt (2.98%), Average Entry Price: 2789.2, Average Closed Price: 2872.2, Average Holding Days: 1
Tuesday, August 6, 2019 (10:47 EST)
It is time we need to pay attention to Natural gas and Agricultural products. There may be any signals later this week or next week.
>> Strategy - EUR/USD - SELL :
Entry price 1.1207 Target price 1.1 (+1.85%) Stoploss 1.1253 (-0.41%)
>> Strategy - Platinum, CME NYMEX: PL - SELL :
Entry price 845.41 Target price 810.1 (+4.18%) Stoploss 859 (-1.61%)
>> Bought S&P 500 Futures at 2789.20.
I am not very interested in stock indexes, but I have bought some today. 2770 is very meaningful level. When they show weak movement, I will sell.
Monday, August 5, 2019 (08:57 EST)
Crude oil prices are weak. However, we need to pay attention to them. We should carefully watch the price movement of WTI an Brent. So-called They seem to want the Middle-East to be very unstable which will push oil prices up and up. I am waiting for Buy-opportunities.
>> Bought Gold XAUUSD at $ 1440.59
Sunday, August 4, 2019 (02:03 EST)
Gold and Silver prices are likely to go up again. Gold will be better than silver. We need to be careful of USD's strength.
>> Strategy - Spot Gold, XAU/USD - BUY :
Entry price 1446.01 Target price 1600 (+10.65%) Stoploss 1422.37 (-1.63%)
Friday, August 2, 2019 (09:52 EST)
>> Long term Strategy - Copper, CME COMEX: HG - SELL :
Entry price 2.676 Target price 2.31 (+13.68%) Stoploss 2.74 (-2.39%)
>> Bought Gold XAUUSD at $ 1430.89
Thursday, August 1, 2019 (06:34 EST)
>> Long term Strategy - CNY/USD - SELL :
Entry price 0.145 Target price 0.13 (+10.34%) Stoploss 0.1457 (-0.48%)
>> Long term Strategy - CAD/USD - SELL :
Entry price 0.757 Target price 0.6524 (+13.82%) Stoploss 0.767 (-1.32%)
>> Strategy - WTI Crude Oil, CME NYMEX: CL - BUY :
Entry price 57 Target price 61.5 (+7.89%) Stoploss 54.6 (-4.21%)
Gold and silver prices are falling. I do not know yet whether they have reached the peaks. Meaningful prices for Gold (XAUUSD) are $ 1346 and $ 1314, for silver (XAGUSD) are $ 15.67 and $ 15.33. What we should keep in mind is that Gold and Silver prices are on the way up. It seems to be a difficult time to trade gold and silver. It would be better to wait for clear and stable opportunities. Or, for a while, it would be better to do swing trading from a short term perspective.
The US dollar will be strong against other currencies. WTI Brent Crude oils and US Stock indexes will go higher.
[Gold XAUUSD weekly chart]
Markets are in disarray. I have closed gold buy-position. I do not know whether gold has hit its peak. I will watch.
<< Closed Spot GOLD (XAUUSD) +74.26pt (+5.18%)
- BUY Positions: Units: 6, Average Profit: 74.26pt (5.18%), Average Entry Price: 1435.74, Average Closed Price: 1510, Holding Days: 17
Friday, August 16, 2019 (08:29 EST)
I will hold gold with being ready to close. I am going to buy WTI some more when they drop. Natural gas may be around the bottom in the short term, however, I am not sure it is right to buy. 10 year T-Note futures have hit the long term target of 131. Stock indexes are likely to go up and it is time to buy but not to sell. Euro (EUR/USD) is going down as expected. US Dollar will be strong against other currencies.
>> Bought some WTI at $ 54.0
Thursday, August 15, 2019 (07:21 EST)
Gold could rise some more, I do not know whether gold will go up to my target of $1600. I hope so and I will close the position when gold shows weakness. WTI is likely to go higher, even though it is being pressed by them at the moment. I will buy more at lower price.
Wednesday, August 14, 2019 (07:18 EST)
Gold could rise a little more. I will hold the position and be ready to close at any time. I am wating for opportunities to buy WTI. When they drop, I will buy more. Canadian dollar is likely to fall. US dollar will be strong against other currencies.
>> Strategy - CAD/USD - SELL :
Entry price 0.7525 Target price 0.74 (+1.66%) Stoploss 0.7577 (-0.69%)
Tuesday, August 13, 2019 (07:15 EST)
Gold (XAU/USD) is showing a good activity as expected. I am not sure that gold will go up to my target of $ 1600. I will hold the positions with being ready to close at any time. Silver (XAG/USD) has overcome a very important price level today. We need to pay attention. Platinum futures look good, too. Euro (EUR/USD) is staying and could rise a little. However, I think it is not a good time to buy Euro.
I said about Crude oil last week, and they have started to rise. It would be better to buy them when they drop. WTI may be better than Natural gas. So-called They are driving the Middle-East into the worst, and are making war upon China.
>> Strategy - Natural gas, CME NYMEX: NG - BUY :
Entry price 2.2 Target price 2.8 (+27.27%) Stoploss 2.08 (-5.45%)
>> Strategy - WTI Crude, CME NYMEX: CL - BUY :
Entry price 58.31 Target price 90 (+54.35%) Stoploss 53.6 (-8.08%)
>> Strategy - Platinum, CME NYMEX: PL - BUY :
Entry price 870.8 Target price 945 (+8.52%) Stoploss 851.5 (-2.22%)
>> Bought Some WTI at 54.70.
When they drop I will buy more.
Thursday, August 8, 2019 (08:25 EST)
Gold and silver prices are likely to go up a little further. However, there is some risk in holding buy-positions. I will hold gold with caution, silver looks some weak. We need to watch Corn, WTI and natural gas.
<< Closed Spot SILVER (XAGUSD) +0.58pt (+3.55%)
- BUY Positions: Units: 3, Average Profit: 0.58pt (3.55%), Average Entry Price: 16.45, Average Closed Price: 17.028, Average Holding Days: 1
Wednesday, August 7, 2019 (17:13 EST)
Gold and silver prices are soaring like rockets. Surging and plunging are friends each other. We need to watch the markets carefully, and be ready to close the positions at any time.
Wednesday, August 7, 2019 (10:10 EST)
As indexes did not look strong, I closed S&P 500 index futures. I have bought some Silver XAGUSD.
>> Bought Silver XAGUSD at 16.445
<< Closed S&P 500 Index Futures (CME: ES, SPX INX) +83pt (+2.98%)
- BUY Positions: Units: 3, Average Profit: 83pt (2.98%), Average Entry Price: 2789.2, Average Closed Price: 2872.2, Average Holding Days: 1
Tuesday, August 6, 2019 (10:47 EST)
It is time we need to pay attention to Natural gas and Agricultural products. There may be any signals later this week or next week.
>> Strategy - EUR/USD - SELL :
Entry price 1.1207 Target price 1.1 (+1.85%) Stoploss 1.1253 (-0.41%)
>> Strategy - Platinum, CME NYMEX: PL - SELL :
Entry price 845.41 Target price 810.1 (+4.18%) Stoploss 859 (-1.61%)
>> Bought S&P 500 Futures at 2789.20.
I am not very interested in stock indexes, but I have bought some today. 2770 is very meaningful level. When they show weak movement, I will sell.
Monday, August 5, 2019 (08:57 EST)
Crude oil prices are weak. However, we need to pay attention to them. We should carefully watch the price movement of WTI an Brent. So-called They seem to want the Middle-East to be very unstable which will push oil prices up and up. I am waiting for Buy-opportunities.
>> Bought Gold XAUUSD at $ 1440.59
Sunday, August 4, 2019 (02:03 EST)
Gold and Silver prices are likely to go up again. Gold will be better than silver. We need to be careful of USD's strength.
>> Strategy - Spot Gold, XAU/USD - BUY :
Entry price 1446.01 Target price 1600 (+10.65%) Stoploss 1422.37 (-1.63%)
Friday, August 2, 2019 (09:52 EST)
>> Long term Strategy - Copper, CME COMEX: HG - SELL :
Entry price 2.676 Target price 2.31 (+13.68%) Stoploss 2.74 (-2.39%)
>> Bought Gold XAUUSD at $ 1430.89
Thursday, August 1, 2019 (06:34 EST)
>> Long term Strategy - CNY/USD - SELL :
Entry price 0.145 Target price 0.13 (+10.34%) Stoploss 0.1457 (-0.48%)
>> Long term Strategy - CAD/USD - SELL :
Entry price 0.757 Target price 0.6524 (+13.82%) Stoploss 0.767 (-1.32%)
>> Strategy - WTI Crude Oil, CME NYMEX: CL - BUY :
Entry price 57 Target price 61.5 (+7.89%) Stoploss 54.6 (-4.21%)
Gold and silver prices are falling. I do not know yet whether they have reached the peaks. Meaningful prices for Gold (XAUUSD) are $ 1346 and $ 1314, for silver (XAGUSD) are $ 15.67 and $ 15.33. What we should keep in mind is that Gold and Silver prices are on the way up. It seems to be a difficult time to trade gold and silver. It would be better to wait for clear and stable opportunities. Or, for a while, it would be better to do swing trading from a short term perspective.
The US dollar will be strong against other currencies. WTI Brent Crude oils and US Stock indexes will go higher.
[Gold XAUUSD weekly chart]