The current market shape is similar to a double bottom. Here we should focus on whether the resistance near 2032 can be broken through, followed by 2038-2043. If the shape is completed, consider the 2049-2058 range. This is today's trading plan. We will make specific adjustments based on market conditions. If you have any questions, please contact me in time!
Next, focus on the resistance near 2049. If it cannot be broken through, the market will have a high probability of falling again. Of course, if special news happens, that's a different matter. From a technical perspective alone, after backtesting the support, there is a high probability of rebounding and rising. The 2049-2058 range may be touched again.
In the new week, I hope you all continue to make great profits! The current trend of gold is still biased towards the short side. On this basis, today's transaction can be short first and then long. The resistance will continue to focus on the vicinity of 2049-2058 and the support around 2023-2018.
USOIL is currently near the key resistance level. If it can break through here, it will have the opportunity to form a head and shoulders bottom pattern, and then there is a high probability of reaching around 76. But if there is no strong breakthrough here, the head and shoulders pattern will fail, and it is highly likely that the support near 72 will be...
There is NFP data to be released today. After yesterday's narrow range, the market will experience another huge shock today. Are you ready? Judging from the current trend, resistance is concentrated around 2049. Focus on this position before today's data is released. If it breaks through, the upper resistance will appear near 2058. If it cannot break through,...
Guys, there is important news and data today. During U.S. trading time, the market will be more volatile. Everyone should have good profits this week. Don’t be too greedy. If your account is relatively small, I recommend not to participate in the data market. You can wait for the data to be released and look at the market conditions before deciding whether to...
Yesterday, our strategy of going long first and then shorting was very good and profitable. Congratulations to all members and all friends who traded according to the strategy. Today's strategy is still the same, mainly shorting. There is currently strong resistance in the 2063-2071 range. During the rebound, if it still cannot break through strongly, it will...
There was good news during the holidays. Gold rose sharply at the opening and then fell quickly. The technical resistance is in the 2068-2073 range. If there is no breakthrough, there is a high probability that it will still fall. Therefore, today’s trading strategy is to go long first and then go short.
Gold has now returned to the 2066-2071 range again, with resistance at 2072-2079. The trade is long and then short. There is a high probability that today it will test 2063-2057. If there is news to match, it may drop to a lower position. Once again, I emphasize that during the transaction process, you must first ensure the safety of the account, especially...
Happy New Year, everyone! DXY has signs of rebound in the short term. From a combined perspective, gold trading should still focus on high short positions. First observe the resistance near 2061. If it cannot break through, go short directly. If it breaks through, the upper 2066-2071 is still an opportunity to go short. The support is 2052-2047, followed by...
Today we shorted gold and made a very good profit. Now the market is testing support for the first time. The focus should be on the resistance of 2063-2074 above. If it cannot be broken through, the decline here must fall below 2030.
The free signal given to you today is the USOIL trading strategy, because there is EIA data today, and the data is as expected, which is favorable to the bears. Because there has been no significant decline so far, we have only closed some orders, and there are still some holdings waiting for the market to go lower further to expand profits. The 3h chart of...
The resistance is still in the 2026-2032 range. Today we are trading short, targeting 2018-2013. My ultimate goal is to remain below 1970, at least near 1990. I want to say sorry to everyone here. I don’t have much time to publish strategies because I have to manage many accounts, but I give a trading signal in one place every day. You can go there to watch...
The trading strategy for everyone today is to go long from 2016 to 2019 and short from 2026 to 2032. If you follow it, the profit will definitely be very good. The profit target I give you this week is 50%+. It is certain that we will achieve the target. The key point is how much we can exceed. There will be news released in two hours, which will have a...
Last Friday, gold experienced a wave of decline due to the news, and began to show signs of rebound near 2018. In the 15- and 30-minute charts, the shape is conducive to the bulls, and there is a high probability that it will rise in the Asian market, while in the 4h chart , the shape is more conducive to shorts. Therefore, from the perspective of the general...
Gold has not fluctuated much today. It is currently near the high level. There is resistance here, but the greater resistance should be around 2052-2058. The probability of a breakthrough here is low, and a sharp decline is more likely. Therefore, my current trading strategy is mainly short selling, with the target below 1970. This is a relatively large space...
With the EIA data today, the market is bound to experience significant fluctuations. From the current point of view, I think the probability of an upward trend is relatively high, so my trading strategy is to go long. During this process, since the fluctuations will be very large, you must do a good job in risk management and never let your transactions bear...
The market had backtested support yesterday and began to show signs of bottoming near 1974, which is in line with our expectations. During today's Asian and European trading time, you can focus on this first-line support and participate in the rebound appropriately. The 1D trend is still bearish, and the low is expected to be around 1963-1952. This is my...