


It was a pity yesterday that gold did not retrace much and continued to rise. Although it was known in advance that it would rise again, it did not fall back to the support level. Chasing the rise is risky, so there is nothing to feel sad about. As I often say, opportunities will appear at any time, but if you ignore the risks and trade, you may lose everything at...
Today, I originally wanted to inform everyone to go long in the 3260-3270 range, but while I was writing the article, gold suddenly rose and the price reached 3320, missing the opportunity of this rise. (This sounds a bit Hindsight now) From the current point of view, there is a high probability that gold will continue to rise. 3320 is definitely not a high...
Thanks to the hope of the United States reaching a trade agreement, the US dollar index has risen for three consecutive days and returned to the $100 mark for the first time recently. Affected by the signal of easing trade tensions and the market's focus on today's US NFP data, gold has also fallen for three consecutive days, approaching the 3200 mark during the...
Just now, the US April ADP employment (10,000 people) was announced to be 6.2, which is a significant drop from the previous value of 15.5 and the forecast value of 11.5. This is a big positive for gold, and the gold price has rebounded from the 3270 support level to the 3300 integer mark. As for the future trend of gold prices, I said at the beginning of this...
Yesterday our strategy was to buy low and be bullish, and I still hold this view today. The gold price has now fallen back from 3352 to the 3300-3310 range. There is still some support here. I personally think that as long as 3300-3310 does not fall below, there is a high probability that it will rise. The target can be 3350 first, and then 3360-3370.
Last week, the gold market experienced unprecedented violent fluctuations. It first hit a new high of 3500, and then plummeted to 3260. In the following days, gold maintained fluctuations of more than 100$. In the current and future turbulent situation, such intense fluctuations may become the norm. This is a challenge and an opportunity. It is necessary to let an...
Yesterday, as the Fed's speech pushed up expectations of rate cuts, gold rebounded sharply, reaching 3370, boosted by the decline of the US dollar index and buying. At present, the gold price has come to the lower support range of 3300-3290, which is still very important. If it breaks, it means that gold will fall further. If it holds, it may rebound, so we need...
The market trend has been ups and downs this week. First, there was trade turmoil, and then Trump claimed to fire Powell and demanded that the Federal Reserve cut interest rates immediately, which may threaten the independence of the Federal Reserve, directly leading to rising risk aversion, and gold prices once hit a historical high of 3,500 points. Trump then...
As I mentioned in the last article, Trump’s attitude toward Powell and tariffs underwent a 180-degree change yesterday, which led to a sharp rise in the U.S. dollar index, U.S. stocks, BTC and other assets. This was the main reason for the decline of gold. At the same time, the demand for safe-haven assets will also drop rapidly as Trump's attitude eases, which...
In yesterday's article, I said that if the tariff issue is not eased and the dissatisfaction with the Fed and Powell does not stop, the market panic will be difficult to reduce, the safe-haven demand will not decline, and gold will continue to rise. Then, during the US trading session yesterday, Trump's attitude ushered in a huge change. He said he had no...
Yesterday, our strategy was to continue to do more. Gold rose nearly $100 from 3334. We also bought at 3405 and 3420 respectively, and successfully won two TPs. Following yesterday's sharp rise, gold prices continued to rise in the Asian session today, and the historical highest price of gold reached the integer mark of 3500. The reason for the recent rise was...
At the opening of the market this week, gold once again ushered in a rapid rise mode, breaking through the 3400-point integer mark in one fell swoop, and the US dollar index also fell below 98, hitting a three-year low. From the perspective of the US dollar index, the 100 mark is very important. If it cannot return to above 100$ in the short term, it is likely to...
Yesterday, the gold price rose very strongly, rising by 100$+ in a single day. If you don't forcefully chase the increase, there are basically not many opportunities to enter the market. Today, gold has been in adjustment after refreshing the historical high of 3357 during the Asian session. I think it is possible to touch the 3300-3310 area in this...
Yesterday I said that although the risk aversion has eased, gold remains high and will continue to rise as long as the adjustment is over. The result is self-evident. As Trump pushed forward the possible expansion of tariff trade investigation last night, the slightly subsided risk aversion ushered in a rise again, and the gold price also hit a new record high of...
In the previous article, I said that gold has shown signs of over-inflation recently. We should not be overly bullish and should be wary of the risk of a sharp correction. Now it seems to be true. Although I have anticipated the possibility of a sharp correction today, I did not expect it to come so quickly. I originally thought that gold would have another...
Due to the insufficient retracement yesterday, we failed to enter the market for two long orders, but our direction judgment was still correct. After rising to 3058 yesterday, it quickly rose again by nearly $30 during the Asian session today, and the historical high was refreshed to 3086. I said earlier that as long as the gold price breaks through the...
In yesterday's article, I said that there is a high probability that the fluctuation range of 3000-3030 will be broken, and it will be an upward breakthrough. Now it seems to be true. Yesterday, we bought the first transaction at a low level and took profit near 3030. When the price retreated to 3015, we bought the second long position again, but the rise was weak...
In the previous article, our bullish strategy successfully took profits near 3030 and successfully won 8 consecutive victories. I have repeatedly emphasized the resistance level at 3030 and 3038 in the past few days. If it cannot be exceeded, it will fall into adjustment again. Sure enough, gold has now pulled back to around 3015. I think the retracement is for...