Gold appeared in an engulfing pattern on Friday, where the day's long black candlestick engulfed the white candles of the previous two trading days. This pattern is seen as a reversal signal indicating that gold's rally may be over and may fall further. Monday's trend is expected to extend the decline, while the upper area between 1950-1960 will become a...
Gold yesterday's overall trend is very strong, in the fall to test the support of 1953 after the market quickly rebounded and formed a strong trend, in the evening in the ADP data bearish out of a wave of fall, but still did not break 1953, and then continued to strengthen all the way up slowly, in the front high pressure 1985 line was blocked to fall, daily...
Yesterday's analysis: The current world seeks stable development, unless Russia and Ukraine break out a global war, the United States will also seek stable development, gold belongs to safe-haven funds, if you understand the logic between them, then yesterday's rise is an opportunity to short. Yesterday I followed my signal, this weekend can be a good crazy,...
The recent market is complicated, quickly pulling up a wave, there is the risk of the main wash, but under the short trend, crude oil eventually closed lower for the second time, so for the time being, crude oil still maintains a short trend, bullish downside. Although this wave of bears seems to be able to continue, but there is no short pattern, in the daily...
Market news said that the dollar job vacancies unexpectedly increased and layoffs decreased, the relevant speech of Fed vice chairman nominee Jefferson caused the market to sharply reduce expectations of the Fed's interest rate hike in June, the dollar index rally was blocked, and the US bond yield extended its decline, providing support for gold prices. It...
Today, as I expected, there will definitely be a rebound in the rapid decline in oil. But you have to learn to watch the trend, pay attention to me, and I will remind you when it matters. I will share my thoughts every day, if you need to know in detail, please contact me.
Due to the market's broad optimism about the US debt ceiling agreement, coupled with the Fed's interest rate hike expectations being digested, the US dollar index first rose and then fell, if the debt ceiling crisis completely landed, it will release a signal to the market, and the dollar's safe-haven function may decline. However, in the short and medium term,...
USOIL because of the negotiation of the US debt ceiling, coupled with Russia's commitment to reduce the actual production after the change, caused market concerns, coupled with a new round of OPCE+ meeting is about to be held, the overall pace of reducing positions was worried by the market, oil also fell from above 73 yesterday all the way to around 68,...
News of the debt deal in Washington comes as markets are quiet in the United States and parts of Europe, including Britain, during the holidays. The agreement still needs to be passed by Congress before it can be implemented. The US rate hike cycle may not end as soon as hoped, as there are signs of a strong economy, which have supported and will continue to...
In the short term, because a new round of OPCE+ meetings is about to be held, the market is also speculating on whether to continue to reduce production in the future, the current actual state is that global gasoline consumption is strong, U.S. crude oil inventories have declined, and the number of drilling has also declined, so short-term long and short have...
The dollar in the current conditions out of the unilateral slow rise, but will not always maintain a rising posture, Friday optimistic at the high to adjust space, although gold in Wednesday, Thursday out of the fall, but like the trend of the dollar, will not always appear unilateral decline, sharp decline, and not to mention gold's long and short trend point...
Over the weekend, the US debt negotiations reached a preliminary agreement to continue to raise the debt ceiling, and this week will vote to approve the preliminary debt ceiling agreement that will raise the US debt ceiling for two years, while setting new limits on spending during this period. The agreement will keep non-defense spending in fiscal 2024 at...
The trend of gold on Wednesday is a reconfirmation of recent weakness, after rebounding to 1985 weakness, the trend out of the big fall, this wave of bearish strength made Wednesday's daily line close negative, and engulfed Tuesday's daily low crosshair, which shows that gold is still bearish in the near future, and the future can welcome the real big short....
Today's plunge has increased our profits.In my previous analysis, gold has been in a downward trend, and the 1950 support fell directly below.You can see 1935 below. If you also want to make money, you can follow me. Every day I share my signals and ideas. What are you waiting for, you will be the one who makes money next time.
U.S. Treasury Secretary Janet Yellen insisted on Wednesday that early June was the deadline for defaulting on the debt ceiling and said she would update Congress soon on the administration's finances. It's hard to say exactly when the U.S. government will run out of resources, and the White House's negotiations to raise the debt ceiling are currently "making...
Thank you to my customers for trusting me, today is a happy day. The price is still in the correction stage, and the short-term price will not gain a foothold in 1975 and will continue to fall. If you choose to believe me, don't question it. As long as you keep up with my signal, you can make more money.
The current U.S. debt ceiling is 31.4 trillion U.S. dollars, which is approximately equivalent to 120% of the country's annual economic output.In January this year, U.S. debt hit this ceiling.Due to the pressure caused by falling taxes, if Congress fails to raise the federal government's debt ceiling, the United States may default on its debt as early as June...
On the fundamentals, it is still in a state of intertwined long and short positions. The optimistic expectations of short-term debt negotiations have given the market some support. Coupled with the recent strong demand for gasoline, there is a certain positive stimulus for crude oil in the short term. However, there is currently some uncertainty about the...