On the daily level, the pressure is at 2665-2675, and the support below is around 2640. If it continues to weaken, the rebound may not be too large, but it is a small deviation, so it is not easy to chase the short for the time being, waiting for the rebound to go short. If it breaks 2640 further below, then it will be a small rebound and go short, but for now, it...
Gold fell sharply again last Friday, hitting a low near 2646 before stopping, continuing the bearish trend of last Thursday. It closed in the form of two large negative lines at the end of last week, and after opening in the morning, it retreated slightly and hit a low of 2643 before rebounding and fluctuating. It is currently temporarily maintaining a volatile...
Gold closed with a big negative yesterday, and the shape showed a Yin-enveloping Yang engulfing shape. In the short term, there was a certain turning point under pressure, and it also formed a double top after piercing the previous high of 2721; the market is still relatively cunning, and there is a large-scale strangulation of long and short positions back and...
From a technical point of view, after Thursday's decline, the daily line closed negative for the first time after three consecutive positive lines, and closed with a large negative line before the upper Bollinger track. This pattern is very obvious, confirming the overall weakening, and there will be continuous room for decline. At least look at the support point...
The 1-hour moving average of gold begins to turn. If the moving average begins to turn downward, or even forms a dead cross, then the space for gold shorts will be opened. Gold will continue to short when it rebounds in the US market. After gold falls and breaks, it will rebound under pressure at 2,700 and fall directly. Gold will continue to short when it...
Overall, the EIA inventory data released last night was -507.3 before and -142.5 after, while the oil price barely rose by 10 points. The idea in the early trading is to determine the strength based on the high point of 70.5 last night. It is recommended to short on the rebound. Crude oil strategy: short on the high point when the rebound reaches 70, with the...
From the 4-hour analysis chart, we focus on the 2728-30 line for upper pressure, and the 2697-2700 line for short-term support below, with a focus on the 2686-92 line. The main operation is to go long on the pullback.
At this time, the market is running relatively slowly. After the long orders of gold are closed, there is a tendency to enter a small adjustment. It is expected that the gold price will not rise directly at present. It will only be possible to further increase until the US market. The trend remains upward. After the gold price further adjusts, continue to layout...
I posted the same gold analysis a few hours ago. It has hit our sell zone and is falling. Waiting to reach the TP position. I will share trading strategies for the market every day. You can click on my link
Combined with the hourly chart trend, it can be seen that the gold trend was repeatedly pulled and fluctuated during the Asian session on Monday and Tuesday, indicating that the sentiment in the Asian session was very cautious. However, once it came to the European and American sessions, the market speculated on risk aversion in a disorderly manner, resulting in...
The bulls are still strong now. However, the decline has not continued and now it has rebounded to around 2700. From the current trend, the bulls are still strong, MA5-MA10 moving average maintains a golden cross upward, and the upper track of the Bollinger band shows signs of opening. The key now is whether the 2700 mark can be broken through and stabilized. If...
Crude oil rebounded strongly yesterday, but it does not mean that it has reversed. The more it rebounds, the more it will fall. As long as it does not break through 71.4, it is not considered a reversal. You can short it once near 70.6 today.
On the disk, the price bottomed out and rebounded to 2652 on Monday, and broke the high to 2655 on Tuesday. Although new highs continue to be reached, the actual increase is not large. On the daily line, yesterday closed with a cross Yang, and closed at 2643 at the end of the day. The downward momentum of the cycle indicator has slowed down with the stabilization...
Technical analysis of gold: The gold daily line closed with a cross K-line again, and the contraction and consolidation of the fifth trading day, the daily line entered a blunted shock. And it is a consolidation correction after the big negative K-line fell, waiting for the break to open the range and move out of the direction. The recent trend of gold is...
Technical analysis of gold: Gold is currently in a range of fluctuations. It was under pressure near 2650 yesterday and then fluctuated and retreated, but it rose sharply again in the morning near 2634. It is still in the stage of rebound correction after the plunge, showing a range of fluctuations. The short-term trend is still strong, but it is unlikely to form...
Gold 4-hour level: Last night, it was under pressure and fell below the 10-day moving average, which was in line with the principle of weakness; and today, the Asian and European sessions fluctuated slowly upward and broke through the 10-day moving average, which showed some rebound strength. For tonight, the middle track 2658 is the next test. Once it fails to...
Today, gold successfully broke through the high of 2640 in the European session and has reached near 2655. The short-term bullish and bearish situation changed quickly, but the huge negative decline in the daily line laid the foundation for bearishness. Tonight's US session is expected to be a trend of rising and falling. Pay attention to the pressure near 2658 on...
Gold's 1-hour moving average has begun to turn downward, and gold may have new room for decline. Gold fell again in the US market, and the gold bears performed. Gold rebounded in the US market and the highest pressure was 2688, and then began to fall back. The US market rebounded below 2688 and continued to go short. Gold rebounded near 2645 and continued to go...