Reliable_Trading

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The current trend of gold is basically in line with my expectations, so today I must be 100% watching gold pull back. Not to mention how much gold can fall today, as long as gold closes below 1990 today, it is very likely that this week's decline has just begun. This trend of the long upper shadow line on the daily line will at least be maintained until the...

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Although gold is now in the falling band, it has not really fallen below the low point of 1970, and the market is still volatile! In the oscillating trend, it is most taboo to chase the rise and kill the fall. The operation must rely on key pressure and support, and operate in the opposite direction! And the current support is the 1970 position, just get...

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TVC:GOLD OANDA:XAUUSD Judging from the hourly chart, the upper trend line is suppressed at 2008-10 and there is a very high possibility of resistance and a decline here. But there is another possibility, which is to directly break the 2015 high point, because if the main force really wants to slaughter the shorts, then it will definitely break the 2015...

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XAUUSD: Gold faces a critical watershed, range 1985-1980 If the market can stabilize above the range, you can enter the market to buy, otherwise, if it falls below the range, you can enter the market to sell For specific trading signals, please contact me in the channel TVC:GOLD OANDA:XAUUSD

Reliable_Trading Updated 

Looking at the daily line of gold at present, the lower support should be around 1965, which happens to be at the ma30 moving average. And we can see the trend from 1808 to 2048, and the 618 split position is exactly at 1955. Therefore, the current important support interval threshold of the daily line should be here at 1965-55. And we can see from 4...

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Judging from the golden 8-hour graph: At present, gold has already tested to the top position of the 8-hour graph, and we can find that there is also a sequence 9 signal above. Coupled with the suppression of the top trend line, I feel that the probability of gold breaking through hard is really not high. Moreover, plus today is Friday, if there is a black...

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The United States has just released 2 data. Both initial jobless claims and PPI this week are positive for gold, and the PPI data is even more positive than the initial jobless claims data. After the release of the data, the price of gold rose sharply in a short period of time, once rising to US HKEX:2 ,048, setting a new high in the past year. From the...

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At present, the suppressing point ma120 moving average above the hourly chart is near the 2000 mark, followed by the ma60 moving average suppressing here at 2005. Therefore, there is very little room for gold to continue to rise today. Either it rebounds to around 2000 yesterday's high and then comes down, or it pierces yesterday's high to go to around 2005...

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Currently, gold is finding support around 1985 on the 4-hour chart. This level not only represents the 38.2% Fibonacci retracement of the current trend, but also coincides with the 60-period moving average on the 4-hour chart. If gold breaks below the 1985 support level, it is likely to test the 1965-60 range as the next support zone. This range is also where...

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Yesterday, as scheduled, the US Department of Labor released the ADP employment report for March, showing 145,000, lower than the previous value of 242,000 and the estimated value of 200,000, which conveyed a somewhat weak sentiment. Although the importance of this data is not as important as the non-farm payrolls data to be released tomorrow, as an official data...

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XAUUSD: 2015-2020 Sell On Wednesday, the weaker-than-expected March "small non-agricultural" data and non-manufacturing PMI data fueled market concerns about an economic slowdown and stimulated bets that the Federal Reserve may slow down rate hikes. Spot gold continued to hit new highs since March last year, with an intraday high of 2032, and then gave up most...

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Gold is a precious metal trading derivative product originated in London, but it has now become popular worldwide. How to use the 24-hour gold price chart for trading? In addition to its high leverage and high yield characteristics, the 24-hour trading time is also an important product highlight. The significant fluctuation of international gold prices...

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Although the US dollar index showed some decline in early trading today, the actual trend is not mainly downward, but rather a form of adjustment. Therefore, when the adjustment demand is released, the US dollar index will still have a short-term rebound, and we can seize this wave of rebound to make a small profit. Regarding the corresponding European and...

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Although the US dollar index experienced some early decline today, the actual pattern is not primarily bearish, but rather a form of adjustment. Therefore, when the adjustment demand is released, the US dollar index will still have a short-term rebound, and we can seize this wave of rebound to make a profit. Regarding the corresponding Australian and American...

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Fundamental analysis: Affected by multiple bank failures, gold rose from 1800 to 2000. With the fading of risk aversion in the midway and the limited interest rate hike by the Federal Reserve, risk aversion reignited and gold experienced a rollercoaster-like rapid rise and fall in the recent period. After the recent explosive news, gold is expected to return to...

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Short above 1985, TP1960, 1935, SL1995

Reliable_Trading Updated 

Fundamental analysis Reasons for last week's rise in gold prices: 1.A round of banking crisis shook the global market, and the bet on the Federal Reserve's less aggressive stance on fighting inflation was also consolidated. 2.The collapse of Silicon Valley Bank highlighted the vulnerability of banks facing a sharp increase in interest rates, and the sharp drop...

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GOLD: Interest rate resolution is looming, which may lead to range-bound fluctuations. Gold has encountered a dual pressure of declining safe-haven demand and rising US Treasury yields, causing a significant intraday decline, with a meager rebound to close just above the $1940 support level. Firstly, from a daily chart perspective: in the 1804-2009 trend,...