Gold prices will return to highs again. Buy gold now
Updated
Last night, the price of gold broke through a new high again, reaching the 2287 line. As expected last night. Then it continued to fluctuate until the European market opened because prices were on the higher side. Gold made a technical repair after the start of the European session. The price of gold plummeted by about $20 from 2287. The current price is 2268.
News: Risk aversion caused by the war in Gaza continues to ferment. Short-term bulls are still strong. gold. Dollar. as a hedging product. They all continue to attack.
Trend: Overall, buying at low prices is still the main trend. It is not difficult to see from the above picture that the short-term repair is only for a day. The general cyclical trend is still upward. From an hourly perspective, the current support position for technical repair is located at the 2259-2264 line. Combined with MA technical indicators, there is a certain pressure for long-short conversion at 2270. Once the 2270 position is established, it will inevitably rebound within the day.
During the day, buying is still the main focus. Today we focus on the impact of the announcement of ADP news. On Friday, we need to focus on the release of (U.S. non-farm payrolls after seasonally adjusted March).
trade:
Gold price is at 2263-2268 to buy
tp2283-2287
SL2254
Pay attention to controlling risks and positions during operation. Stay concerned.
News: Risk aversion caused by the war in Gaza continues to ferment. Short-term bulls are still strong. gold. Dollar. as a hedging product. They all continue to attack.
Trend: Overall, buying at low prices is still the main trend. It is not difficult to see from the above picture that the short-term repair is only for a day. The general cyclical trend is still upward. From an hourly perspective, the current support position for technical repair is located at the 2259-2264 line. Combined with MA technical indicators, there is a certain pressure for long-short conversion at 2270. Once the 2270 position is established, it will inevitably rebound within the day.
During the day, buying is still the main focus. Today we focus on the impact of the announcement of ADP news. On Friday, we need to focus on the release of (U.S. non-farm payrolls after seasonally adjusted March).
trade:
Gold price is at 2263-2268 to buy
tp2283-2287
SL2254
Pay attention to controlling risks and positions during operation. Stay concerned.
Trade active
After buying gold just now, the price of gold has reached the position of 2276.Trade active
The release of ADP data showed a negative outlook for gold. However, after the market fell slightly by $5, it did not fall significantly, which is enough to prove that the bulls are very strong. Gold is still mainly bought.Trade active
The price of gold has currently rebounded to 2272.7. If you had just followed my instructions, you would have made a pretty good profit nowTrade active
Trade closed: target reached
Robust operation, orders can be closed near 2268Trade active
Input error, it is 2278.Trade active
Are the profits good?Trade active
perfect trendTrade active
Gold is almost trading sideways at a high level. There is little room for operation, so we will mainly wait and see for the time being.Trade active
Gold hit a high of 2,300 in the US market yesterday, reaching a maximum of 2,305. For friends who follow the signal and buy gold, it is worth celebrating.But the high position did not stabilize directly. Instead, it returned to the position of 2295-2292 under the continuous shock. There is not much fluctuation at the moment. If the market returns to the 2286-2283 line, I think we can continue to increase buying.
Trade active
The London market almost always maintains a narrow range around 2293. If you have a selling position, you can continue to hold it and wait for the decline.Trade active
The market has perfectly met the expected trend, and gold continues to rise driven by geopolitics.The lowest intraday drop to around 2282 is also in line with my prediction.
I believe that everyone who has seen my prediction and participated in the action will have a rich harvest today.
There will still be updated analysis and instructions on how to trade the market tomorrow. If you want to follow. Stay concerned. If you want to recover your losses, stay tuned. If you want to expand your profits, stay tuned.
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