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ゴゴ太郎
07/19/2026 23:47
Release： 07/19/2026 23:47
Update： 07/19/2026 23:47
ゴゴ太郎
Investment style : Day Trade
Investment career : 5-7 years
Investment amount : 50 million - 100 million JPY
My name is Gogo Taro. I am a part-time trader specializing in GOLD (XAUUSD). While working as a company employee, I have practiced rule-based trading for over five years. In the first few years I moved by emotion and incurred losses, but after I committed to "enter with a basis and protect with rules," the results changed. Every day at lunchtime, I post GOLD market analyses. Instead of difficult theory, I keep it simple with "where to enter today." I strive to make the basis understandable even for beginners. Let's build up trades with solid justification together.
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【7/20】"The answer has not yet come out."

Did anyone feel that it’s hard to tell whether GOLD is going up or down by looking at today’s price?
I feel the same way. That’s why today I’m adopting a policy of not forcing a direction.
I’ve organized the basis for that.

Today’s Market Situation

Today’s GOLD is hovering around $4,023. There have been moments that briefly surpassed the previous high near $4,023, showing a gradual rebound recently. The 1-hour EMA20 (short-term moving average) remains downward, but the RSI (relative strength index) is around 58 on the 1-hour chart and around 64 on the 15-minute chart, meaning the shape of the EMA and the direction of the RSI are not aligned. In short, a mix of lingering downtrend and rebound momentum creates a market that is hard to pin to one direction.

Go-Gotarou’s View

This article is an individual's analysis and does not constitute investment advice or solicitation. Please make trading decisions at your own risk.
Today I think it’s better not to force a stance. If the 1-hour EMA75 (around $4,016) clearly breaks above and holds, I plan to switch to a bullish view. Conversely, if the 1-hour EMA20 (around $4,006) breaks down and returns toward the previous day’s low, I plan to reaffirm a bearish view.
In the past, I used to force a direction in such cases where the EMA and RSI directions didn’t align, and I ended up being driven by price movements that didn’t commit to either side. Now I decide to pause judgment on days when the signals don’t align.

Today’s Reference Lines

Since the direction isn’t clear today, I will refrain from calculating a reference entry. I will share judgment criteria again once the direction becomes clear.
*These are educational reference values. Please make actual trading decisions on your own.*

Important Lines

Support 1: $4,006 (Reason: 1-hour EMA20)
Support 2: $4,017 (Reason: 1-hour EMA75)
Support 3: $4,023 (Reason: previous day's high)
Support 4: $3,960 (Reason: previous day's low)
1-hour EMA200: $4,047 (If this line is surpassed, upward acceleration occurs)


A Word for Today

“On days when directions don’t align, don’t force alignment.”

This article is an individual's analysis and does not constitute investment advice or solicitation. Please make trading decisions at your own risk.
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