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ゴゴ太郎
07/27/2026 23:04
Release： 07/27/2026 23:04
Update： 07/27/2026 23:04
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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【7/28】"Do not pounce on the collapsed form."

When you see such a sharp drop, you can't help but want to trade against the trend, right? I used to get burned by doing that many times in the past.
Today I’ll organize things to avoid that.

Today's Market Situation


Today’s GOLD is trading around $4,045. It has fallen from near the previous day's high of around $4,116 and also broke below the previous day’s low near $4,065, continuing to move lower. Looking at the 1-hour EMA (moving average), the arrangement of the short-, mid-, and long-term averages is not orderly; it does not fit a typical rising or falling sequence. The RSI (an indicator of overbought/oversold) is around 31 on the 1-hour chart and around 25 on the 15-minute chart, indicating a heavily sold short-term level. In short, the downward momentum is strong, but the line arrangement has not yet been clarified in this market.

GoGo Tarou’s View


This article is personal 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 decide on a direction. If the EMA arrangement cleanly forms in the pattern “20 < 75 < 200,” I intend to strengthen a bearish bias. Conversely, if the 1-hour EMA20 (around $4,072) clearly breaks above and stays there, I will change my view to point to a bottoming signal.

In the past, I would see RSI at a low level and decide “it’s oversold, so it will rebound,” going for a contrarian trade, only to be carried lower. Now I’ve decided to hold off on judgments until the line arrangement settles.

Today's Reference Line


Today’s view is not settled, so I will skip calculating reference entries. I will provide further judgment criteria once the EMA arrangement is clarified and the direction becomes clear.
*These are educational reference values. Please make actual trading decisions yourself.

Important Lines


Resistance ①: $4,070 (Basis: 1-hour EMA20)
Resistance ②: $4,075 (Basis: 1-hour EMA75)
Resistance ③: $4,115 (Basis: previous day’s high)
Resistance ④: $4,065 (Basis: previous day’s low)
1-hour EMA200: $4,070 (Breaking this line accelerates the rise)

A Quick Word for Today


“Oversold conditions are not a reason to buy.”

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