Reliable_Trading

Reliable_Trading Mar 19

BTC Technical Analysis & Trading Strategy – March 19 Market Overview: This week, Bitcoin (BTC) has remained in a consolidation phase, exhibiting an alternating bullish-bearish daily pattern. Despite the formation of a golden cross on technical indicators, BTC has failed to break new highs or sustain its upward momentum. Over the past two days, price action has...

Reliable_Trading Mar 18

As the United States hits the Houthi armed forces hard, the situation in the Middle East heats up again. After two days of volatility, gold has reached a new high today, and the historical high has been refreshed to 3028. Since the 3000 integer mark has been officially broken, the bulls will definitely follow suit, so the bullish trend is certain, and I only need...

Reliable_Trading Mar 17

In last Friday's article, I said that there is no reason to chase the 3000 integer mark, and I also compared the pros and cons of long and short with you. Then the gold price fell back to 2980 as expected, and the friends who followed my copy trading all made good profits. From the 4H chart, the current 3000 points are at the top position, and the possibility of...

Reliable_Trading Updated  Mar 14

Due to the dual push of trade war panic and expectations of a rate cut by the Federal Reserve, gold has experienced a surge. While constantly setting new historical highs, it has reached the 3000$ integer mark in one fell swoop. Trump's tariffs have become a key driver of gold's safe-haven buying. A global trade war is escalating as Trump threatens to impose 200%...

Reliable_Trading Mar 13

My view has been bullish recently. We seized the opportunity in the previous rise and made profits many times, but we didn't catch the big rise today, which is really regrettable. When the gold price was weak at 2948, my plan was to wait for the gold price to fall back to support 2930 before intervening, but I didn't expect that it would suddenly start a violent...

Reliable_Trading Mar 13

Yesterday, our strategy was to wait for the pullback support before buying, and the result was very good. Gold fell back to the support range of 2902-2908 as expected, and then continued to rebound. Now the price has reached 2948 OANDA:XAUUSD , which is infinitely close to the historical high of 2956. During this period of time, my view has always been bullish,...

Reliable_Trading Updated  Mar 12

Gold Market Update & Trading Strategy Since yesterday’s rebound, gold has been consolidating at higher levels without significant volatility. As I mentioned before, failure to hold above $2920 would lead to a minor pullback before continuing its upward move. This scenario has played out as expected—gold retraced to $2909 before rebounding to $2925 OANDA:XAUUSD ...

Reliable_Trading Updated  Mar 11

Gold Market Analysis & Trading Outlook Gold experienced a pullback yesterday, finding strong support at the key defensive level of $2880, which led to a strong rebound. However, the price is now facing resistance again at $2920. Our long positions have already been closed for profit, and we are preparing for the next trading setup. I expect gold to go through a...

Reliable_Trading Updated  Mar 11

Market Dynamics and Gold’s Price Action: Yesterday, the sharp declines in U.S. equities and Bitcoin significantly increased market liquidity. As a result, some investors liquidated their gold positions to reallocate capital into these markets. This shift led to a short-term decline in gold prices. However, gold found strong support at the Fibonacci 0.5...

Reliable_Trading Mar 10

Gold has just stepped back to the support range of 2890-2900 and rebounded again. In the last article, I said that stepping back on the support is a buying opportunity. Now the gold price has rebounded to around 2910. Friends who followed this view have made money. From the previous trend, the primary resistance above is 2920, followed by 2930. If it can stand at...

Reliable_Trading Updated  Mar 10

Recent Market Observations: We have noticed a consistent decline across multiple asset classes, including the U.S. dollar, U.S. equities, and even Bitcoin. One of the primary factors contributing to this downturn is the uncertainty surrounding Trump’s tariff policies, which lack transparency and are subject to frequent changes. This unpredictability has led to...

Reliable_Trading Updated  Mar 9

The market under NFP influence presents both opportunities and risks! And it is precisely because of risk that profit exists—there is no such thing as risk-free returns. As long as we manage risk effectively, we can maximize profitability. The February U.S. Non-Farm Payrolls (NFP) report has been released as expected, with the unemployment rate rising to 4.1%,...

Reliable_Trading Mar 7

Yesterday, I once again emphasized the significance of the 2920-2930 resistance zone and the 2890-2900 support zone, and over the past two days, we’ve seen price action respecting these key levels. During today’s Asian session, gold once again tested support and rebounded, while resistance remains unbroken. At this point, the market is largely waiting for the...

Reliable_Trading Updated  Mar 6

Yesterday’s ADP employment report showed an increase of just 77K jobs, significantly below the expected 140K and a sharp drop from the previous 186K—marking the smallest gain since July 2024. This weaker-than-expected data was highly bullish for gold. As a result, after an initial pullback to around 2895, gold surged quickly to 2930. In yesterday’s analysis, I...

Reliable_Trading Updated  Mar 5

After gold fell back to the 2890-2900 area just now, the head and shoulders bottom formation has basically been formed. In the previous article, I said that today's trading strategy is to do more. When the price steps back to the 2890-2900 support area, we can buy in this range. Now I have entered and wait for gold to rise. From yesterday's shock range, we can...

Reliable_Trading Updated  Mar 5

From the 1-hour chart, we can see that after yesterday’s dip and rebound, the inverse head-and-shoulders pattern has started to take shape. Given this structure, my trading strategy will primarily focus on bullish setups. Based on recent price action, the key support zone lies between 2890-2900, while the resistance zone is around 2920-2930. Until a breakout...

Reliable_Trading Mar 4

In yesterday’s article, I mentioned that gold was likely to rebound toward the 2890 level while emphasizing its significance as a key resistance. As expected, gold tested 2890, faced rejection, and then entered a period of consolidation. However, today, due to concerns over a potential U.S. economic slowdown triggered by recent economic data, risk aversion surged,...

Reliable_Trading Updated  Mar 3

Last week, the U.S. Dollar Index strengthened, leading to gold’s first weekly decline after eight consecutive weeks of gains. The primary drivers were U.S. tariff policies and related statements, along with profit-taking. As a result, gold fell from a high of 2956 to a low of 2832, recording a $120 drop within the week. In previous articles, I had warned in...