Today, gold has risen sharply by about 50 US dollars. The single-day increase is very large. Our short order of 2895 96 has only been corrected by 4 US dollars. Next, we will focus on the short-term support 2890 and the short-term pressure 2905/06. If it falls below 2890, there is a high probability that it will not set a new high tonight. If it stands near 2905,...
Gold 38-42 short orders were accurately entered and perfectly profited. There is a probability that Europe will rise rapidly, but now it has formed support between 08-04, and the current price order has been entered. According to the daily line analysis, 2886 is not effectively broken down and the bulls are still strong. We will enter the market in the middle and...
The gold price rebounded to around 2929, but then encountered resistance and fell back to 2909. Overall, gold did not continue the unilateral upward trend of yesterday, but fluctuated in the range of 2945-2900. The current upper resistance is mainly concentrated in the range of 2945-2950, while the lower support is stable at 2903-2896. The European trading...
The U.S. Energy Information Administration (EIA) weekly report shows that the U.S. EIA crude oil inventory increased by 8.66 million barrels last week, the market expected an increase of 3.4 million barrels, analysts expected an increase of 1.03367 million barrels, and an increase of 3.463 million barrels in the previous week. The increase in EIA crude oil...
It has now stabilized above the 2900 level. Before the release of the non-farm data last week, I mentioned in my article that gold is about to rush above the 2900 level after the non-farm data. I believe that friends who follow my articles know that I gave a long order at the 2855-60 level before the non-farm data. The non-farm data opened and fell back in this...
Good morning, everyone! A new week has begun. Please follow my analysis and make effective profits! Last week, although gold continued to hit new highs in the bullish trend, it also had a large room for decline every day. Therefore, the overall trend was a staged rise under extreme strength. This week is also the same. In the absolute bullish trend, pay attention...