The price of gold on Monday showed an overall correction. The price of the day was as low as 1937.98, the highest rose to 1963.88, and closed at 1961.6. Looking back at the market performance of gold on Monday, after the price opened in the morning, the price continued to fall first, and then rose rapidly during the US market. At present, the price has just...
Dear traders. Thank you for your attention. After the accurate analysis last Friday, the analysis I gave today is as accurate as surprising. The analysis for two consecutive days has brought a huge gain. Tomorrow will still bring you more analysis Trading requires both patience and a long-term perspective, and if you have a huge fund account but lack accurate...
Gold prices fell further, with the lowest price falling to $1,947.42 an ounce due to the negative impact of the data released on Friday. Although it has a certain downward impact on gold prices in the short term, from the perspective of market prospects, the probability of recovery is relatively high. Gold remains a key near-term support level around 1930....
Gold prices rose rapidly in the short term after testing the 1950 support level, but I personally believe that this rise is the main driving force, and gold prices will only accelerate their decline after this rise is the best short opportunity. Personal trading strategy: gold sell@1980-1985 TP: 1965-1950 Trading requires both patience and a long-term...
Dear traders, I mentioned in my article on Friday that the pressure line of gold 1980-1985 is difficult to break through. Gold will fall in a straight line. Sure enough, gold came to around 1950 according to my analysis trend later. See People who read my articles have made huge profits. Thank you friends who follow me. Thank you. On Monday I will continue to...
Gold rose rapidly in the short term after testing the 1930 support, but I personally believe that this rise is the main driving force, and gold will only accelerate its decline later, and this rise is the best short opportunity. Personal trading strategy: gold sell@1970-1975 TP: 1940-1920 Trading requires patience as well as a long-term perspective, if you have...
Dear traders, Gold prices rebounded to the upside in the 1960s, and while this has increased hopes that gold prices will emerge from recent weakness, it cannot be too optimistic for the time being, as resistance in the upper 1970-1980 area could create an obstacle to the current rally. The resistance in the 1970-1980 area is very strong and will still face a...
From the current trend, the overall trend is bearish, and the upper pressure level is 1960-1965, which is also worth our attention. The main support level is still in the 1933-1930 area. If the market falls again, below the 1933-1930 area, the space below may expand to around 1920 or even 1900. To sum up, gold prices are biased towards a weak and bearish shock...
Overall, gold's topside resistance is in the $1965-1960 pressure zone. If gold prices can stabilize and break through this level, then the next focus will be $1980-1990. This area is seen as a key resistance level which, if successful, could provide more upside momentum for gold prices Correct operation concept and method, respect the trend and follow the...
The gold market because of yesterday's US holiday early closure market volatility is not large, 1955-1965 is still the hourly chart band of the long and short decomposition area, the current plate into the key position, either break 1955-1965 then 1935 is the bottom of this wave of falling market, or continue to break 1935 down to test the 1920 area, the current...
Today, the market is very inactive, in the 1940-1950 range. Sold at a high price. Buy at a low price. The account is definitely profitable. Again, a hint that there is a lot of data released this week. It is necessary to ensure that the account has sufficient funds to cope with the sharp fluctuations of the market. Learn gold trading skills, market analysis,...
The U.S. dollar index and U.S. Treasury yields remain strong, the market holds expectations that the debt ceiling negotiations will eventually be reached, and participants are also issuing optimistic signals, coupled with the strong hawkish rhetoric of many Fed officials continuing to voice support a rate hike in June or July and not stop raising rates until...
Last week, the gold market mainly fluctuated down, testing the buying support range, of which the 1970-1950-1940 support range, broke one after another, which is also expected! Last week, our main idea was to go short on the high! The current market has reached this tipping point: we need to pay attention to: 1:1 hour temporary box interval operation, 1935-1955...
Gold prices continued to fall, fell below the recent support point, so that the bearish power once again strengthened, the current Bollinger band also opened to spread downward, short-term moving average also turned to resistance suppression, maintain a good short signal development, suggesting that the market still has room to go lower again, the operation is...
It mainly focuses on the following events that affect the price trend of gold 1. U.S. debt negotiations, the current debt negotiations still have not reached an agreement, there are major differences, so that the market is worried about the risk of default, so as to short-term hedging and more gold, but obviously the agreement will be reached with a high...
The daily chart shows that gold has held steady support around $1950 for the past week, but it should be noted that after gold broke through the key support of $1980 and turned down, the short-term correction may provide impetus for further declines. Looking ahead, if gold falls further below $1950, the market is expected to further downside to test the...
Today we analyze the upper resistance in 1985, suitable for short positions, and we are acting the same way, which allows us to make a lot of profit. After choosing the right direction, we only need to execute it, and we can easily get profit If you have enough funds to trade gold, or if you have prepared enough funds to trade gold, I thought, maybe you can try...
We chose today at 1980 to go short and continue to make a profit, trading is so simple. Ahead of my analysis. The strong support for gold is in 1985-1980. And that's what I'm doing. Are you doing it right? In the process of trading, do a good job of risk control, if you do not grasp well, join me, I will guide you throughout the transaction!