Trader_Marvin

Trader_Marvin Updated 

Bros, gold has fallen back to around 2616 in the short term. Where will gold fall? In fact, from the perspective of the short-term structure, although gold has fallen back twice in the 2635 area and fell below 2620, for the overall structure, gold's performance today is not weak. As long as gold stays above 2612, gold still has the ability to continue to...

Trader_Marvin Updated 

Brothers, we went long on gold near 2591 yesterday and closed the long position near 2607 this morning, making a profit of 160 pips easily, which is a very good trading result. After closing the long position, I originally planned to wait for gold to fall back and continue to go long on gold in the 2595-2590 area, but after I closed the order, gold has been...

Trader_Marvin Updated 

Bros, gold has fallen sharply due to the hawkish rate cut, and the lowest has reached around 2584, and then rebounded; just now, gold touched around 2687 during the second decline, and then rebounded to above 2690, showing signs of building a W double bottom in the structure. Although the rebound of gold is relatively weak, the downward space is gradually...

Trader_Marvin Updated 

Bros, I have been suggesting that gold is likely to continue to fall to the 2635-2630 area in the past two days. At present, gold has fallen back to this area as expected. We have made a lot of money in gold short trading in the past two days! Congratulations to those friends who followed my trading strategy! At present, the lowest price of gold has reached...

Trader_Marvin

Bros, as I mentioned in my last opinion, gold is currently facing resistance in the 2660-2670 area, so I still prefer to short gold in terms of trading. Today we shorted gold near 2660 as planned. Just now, when gold fell back to around 2649, I manually closed my short position and easily made a profit of 110 pips. So how should we trade gold next? Today, gold...

Trader_Marvin Updated 

This week is a new week, so let's start this week's trading with hope! Gold rebounded after touching 2643, and currently rebounded to 2658. From the current rebound strength, gold is still very weak. And after gold just experienced a big drop, there is no position to support gold to rebound immediately. So we can only follow the weak trend in trading at...

Trader_Marvin

Bros, today gold continued to retreat, and the current lowest has reached around 2665, and the short trend of gold is obvious. So where will gold fall? Should we continue to short gold? In fact, from the perspective of the gold structure, the 2665-2655 area is the bottom position of the rising relay in the rising structure, so this area plays an important...

Trader_Marvin

Bros, today gold fell sharply and fell below 2695 due to the negative impact of PPI data on the gold market. I reminded in the previous opinion that the 2700-2695 area is the last line of defense for bulls. Once gold falls below this area, it is easy to be sold and continue to fall. So today I went long on gold near 2702 as planned. After gold fell below 2695, I...

Trader_Marvin

Bros, yesterday I emphasized that the key resistance area for gold in the short term is in the 2720-2725 area. Starting from today's London market, gold is just suppressed below 2720 and is currently fluctuating in the 2720-2700 area. In fact, at this time, whether we participate in long or short transactions, we have no way to make a move! According to the...

Trader_Marvin Updated 

Bros, due to the renewed tension in the geopolitical situation and the surge in risk aversion in the market, gold has risen sharply in the short term, and the current highest has reached around 2618. However, the continuity of the gold market, which has risen due to news stimulation, remains to be seen! And from the chart, although gold has risen strongly, it...

Trader_Marvin Updated 

Bros, the expected CPI disappointed me. And the original plan to buy gold at 2580 was stranded because gold did not fall back effectively, so I had to give up the original plan to buy gold. Gold moved very strongly today, with both bulls and bears fiercely competing around 2700. But for now, after gold continued its rebound to the 2700-2705 area, it did not usher...

Trader_Marvin Updated 

As I said in my last article, I planned to buy gold with the 2670-2660 area as support, but gold did not fall back to 2670, not even to 2671, so unfortunately gold did not reach our buying area. Currently, gold has risen to around 2690. Obviously, it is not a good idea to chase gold near this position, and it faces resistance in the 2695-2700 area. I think even...

Trader_Marvin Updated 

As I mentioned in my last article, gold will continue to rise. We went long on gold near 2662 in the last transaction and closed the transaction by hitting TP: 2676 for profit, easily earning 140 Pips, a very successful transaction! At present, gold has risen to a maximum of around 2679, breaking yesterday's high in one fell swoop. The hourly level M top...

Trader_Marvin Updated 

Good morning, bros! Let's re-examine the gold market together! Gold fell back again after touching around 2674, with the current lowest falling to around 2661. From a short-term structural point of view, gold constructed a sub-high of 2674 at the hourly level, forming an 'M' top structure with yesterday's high of 2676, forming a negative impact on gold. A certain...

Trader_Marvin Updated 

Bros, today is destined to be an extraordinary day. Our short position turned from profit to loss, and then successfully turned loss into profit again! Indeed, when gold broke through 2675, I changed from calmness at the beginning to nervousness, but I saw that gold failed to continue to break through several times, so I chose to add positions near 2675 to short...

Trader_Marvin Updated 

Bros, gold once rose to around 2676, but fortunately it has started to fall back now. To be honest, today's gold trading is in trouble. I originally wanted to short gold around 2660 now, and then go long gold around 2645 after gold fell back. However, gold only touched 2653 several times during the decline and then rebounded again. So I have held my short position...

Trader_Marvin Updated 

Bros, as I mentioned in my last article, gold rose to around 2660 as expected, but did not effectively break through, and the overall situation is still in the range of fluctuations. So in terms of trading, as I said in my last article, although from a structural point of view, it is conducive to supporting the rise of gold. But I did not chase the rise of gold...

Trader_Marvin Updated 

Bros, this week's new trading journey begins from now! Gold rebounded again under the support of safe-haven buying, and now it has reached around 2658. To be honest, gold is currently in a relatively obvious upward arrangement, and there is still room for gold to continue to rise. However, overall, gold has not yet escaped the scope of shocks, so it is not good...