Because NFP data will be released today, the market performance in Asia and Europe has been relatively flat, maintaining a narrow range of fluctuations in the 2028-2034 range. Currently, in the 1H chart, the moving averages are highly glued, and resistance is concentrated in the 2031-2033 range. support is near 2028. There are only 3 hours left before the data...
How was everyone's weekend? Recently, whether the gold market rose from 2030 to around 2150, or returned from 2150 to 2130, and finally fell below 2000, the trend was extremely exciting. As an old trader, I like this kind of market very much. Do you like it too? ? Back to the topic, stimulated by last Friday's NFP data, it fell below 2000, rebounded slightly...
Today's volatility was mainly driven by weekend emergencies. Now that the market has returned to calm, trading has returned to technical aspects again. At present, there is some support from 2023 to 2018. After all, it has experienced a sharp decline. Unless there are special events that have an impact, the repair of the technical form is inevitable. Under...
The current technical form is more conducive to shorts, but the data on Thursday and Friday will have a greater impact. If it is beneficial to gold bulls, before the data is released, as long as it does not fall below 2007, there is hope that 2043 will be reached. But if it falls below 2007, 2043 will not be seen again for a short time. If the data is...
Crazy gold rose nearly $100 at the opening and reached around 2150, hitting a record high. Today’s trading will be very difficult. During the decline, pay attention to the support of 2077-2052. if support is not broken, trade long. The probability of rising directly to 2150 is not high, but the probability of getting close to 2110 is high. Focus on trading in...
After this sharp rise, the 1h chart once again showed a top divergence, with supports located at 2039, 2031, and 2023. The market is very close to the high of 2076, so long transactions should be cautious. My trading today will be mainly short positions. At the same time, some will be reserved for waiting around 2020. If your account has enough margin, you can...
After yesterday's decline, it was the most complete step back after this rise. It stopped falling at the bull trend line and then fluctuated. The current trend has not completely changed, but the overall shape is more conducive to the short attack. Now it depends on whether the bear will seize this opportunity to fight back. For now, resistance is concentrated...
There are no exactly the same market conditions, but there are similar markets, so technical analysis was born. Never worry that there are no trading opportunities in the market. As long as the market exists, opportunities will exist, unless you lose all your money and have no way to participate in the next transaction. Otherwise, don’t be upset just because...
The 30m chart has fallen close to the low. Later in the US trading time, I will observe the support near 2012-2007. Regarding the trading direction, my idea is to go long first and then go short. The main reason for going short is that the 2h and 3h charts are still more bearish. If the market changes, we will make adjustments. good luck!
The top divergence in the 1h chart has been repaired, and the current pattern tends to be a double top. Especially in the 2h chart, the short pattern is still very obvious. If there is no special news to stimulate it, there is a high probability that it will fall. Continue to pay attention to the resistance near 2018-2023, and trade mainly short.
Unexpected events caused it to break through the resistance range and complete the conversion from resistance to support. Currently, 2012-2007 is already a support, 30m is beneficial to the bulls, and 1h has formed a top divergence, and there is a need for adjustment. The upper resistance is 2018-2022. The probability of directly breaking through it is low,...
It’s a new week, wish us lots of money in trading At present, in terms of technical form, 30M is more conducive to short positions, so today’s Asian trading can focus on short selling. The upper resistance continues to focus on 2003-2006, the strong resistance is around 2012, and the lower support is around 1994-1989
Since there is no data today, we will only do technical forms. The current trend is still short. It is expected that there will be a wave of decline after the US market opens. You can continue to short and set SL to control risks. Because the U.S. trading time usually fluctuates greatly, if you make a mistake in judgment, setting SL can also avoid some losses,...
Before the opening of the US market today, I informed everyone on the channel to go short and make a perfect profit. Congratulations to the friends who followed, you reaped profits again today! The current pattern has formed a double top, and it rebounded quickly to try to break through the resistance, but failed. Therefore, in terms of trend, it is now short....
On the 1h chart, the current pattern is still biased toward the short side, with resistance at 1983 and support at 1976. The support is not strong, and the trading recommendations are mainly short. The target is tentatively set to be around 1972-1969.
During the U.S. trading session, we will trade around the 1996-1983 area. 1987 is currently a support. If it falls below, it will turn into resistance. The upper resistance is 1993-1996. The probability of breaking through 1998 today is low
Today's market is more in line with our expectations. Data trading is very successful and has brought us huge profits. Regarding tomorrow's market, my view is to go short first and then go long. Trading is carried out around the 1964-1988 range. The support focuses on the vicinity of 1974, and the strong resistance is 1993-1996. Short selling during the Asian...
Affected by the news today, gold surged briefly in the U.S. market and then fell all the way. From the chart analysis, it was under pressure at the resistance level of 1974. After falling below the 1963 support with inertia, it was buffered at the 1957 support level, rebounded slightly, and returned to above 1960. But so far, the support of 1963 has not been...