In terms of gold, the price of gold showed an overall decline on Monday. The price of the day was as low as 1902.58, the highest rose to 1916.07, and it closed at 1907.22. Looking back at the market performance on Monday, the price fell in the short term after the market opened in the morning, and then the price corrected upwards again. The recent decline...
The principle of trading is actually very simple, as long as the trading method with high winning rate is strictly implemented. Everyone can have clear thinking and logic, but how many investors can do this? Once sitting in front of the computer, it no longer exists, and the operation is completely dominated by emotions, chasing the rise, and chasing the rise...
On the daily line, we have always emphasized the decline of the big C wave, and it is normal for gold to fall below the previous low of 1893. So any bottom-buying behavior is against the trend. I believe those who have been buying bottoms recently have a deep understanding of the pain of going against the trend. How to get rid of it? Only follow the...
Hello everyone, another new week, congratulations in advance to all investors for their satisfactory results this week! At present, the price of gold continues to hit new intraday lows, only one step away from the key support level of 1900. I also said last Friday that gold is bound to hit that support level. This week, the 1900 mark will hit a major support...
This week is considered the worst week for gold, because gold has fallen for 5 consecutive days. Although the decline is not very large, it fell 1.56% this week, but the overall lethality is still very large. It is mainly due to the decline in confidence, which has a lot to do with the strong rebound of the dollar. From the perspective of the time period, the...
On Thursday, I insisted on being bullish on gold after reaching the CPI. I saw the beginning right, but did not end right. At the beginning it rose to 1930, but at the end it continued to fall weakly, refreshing as low as 1910. These two waves of market confirmed the recent extreme weakness of gold It shows that the temporary market data stimulus cannot make...
Can Gold Meet Expectations With U.S. CPI Data? Gold: There is heavy CPI data in the evening. According to market expectations, it is bullish for gold. Like the non-agricultural situation, gold is currently at a low level. From the perspective of the main control panel, regardless of whether the time is bullish or bearish, the probability of gold rising is...
Gold stands firmly at the 1930 support, and it cannot break through multiple dips. The support is effective. The current price of the US market at 1930 is directly higher, bullish! Gold's decline has come to an end, and now it is starting to rebound and rise! The operation is mainly low and long, relying on the support of 1930 to do long and bullish! The...
It is normal for gold to fall back, but the bulls stick to the 1928 line, we are still bullish The price of gold is currently falling normally. We are not afraid. The K line is still above the big Yang line and has not swallowed the Yang line. I have reasons to remain bullish. The K line is still above the transaction-intensive area. The dense area must be...
review of the week The trend of gold this week is to rise at both ends and fall in the middle! It rebounded on Monday, fell on Tuesday, Wednesday and Thursday, and rebounded on Friday! My thinking this week is not inaccurate. I started shorting from 1959 on Tuesday, and went to 1937 on Friday morning. All short orders took profits! After the U.S....
Today's market analysis and interpretation: First, the level of the daily gold line: Yesterday it closed with a big yin, and suddenly swallowed the previous two yangs. It may not continue to fall, and it directly dived and pulled up close to 10 US dollars in the morning. This detail implies that there is momentum for an upward rebound today; in addition,...
Pay attention, I adjusted the direction again, 1953 directly went long with a backhand, and the double bottom signal at the bottom was obvious. Gold around 1950 was clearly in a double bottom pattern. At the same time, when the K line reached around 1952, the momentum was obviously insufficient. This is obviously a strong support. Of course, the following...
Non-farm payrolls will be announced this Friday, that is, the number of non-farm payrolls in the United States. Typical employment data, in terms of the trend of the international gold market on Monday during the non-farm payroll week, can be regarded as quite satisfactory. The rhythm of the agricultural week is that Monday, Tuesday and Wednesday are all...
The market is running very slowly at the moment and short interest is bleak. The price of gold fluctuated and weakened below 1963, which we often mentioned last week. Head to the front lines of 1980! Stay bearish until then! In the afternoon, internal user short orders 1956 entered the market ahead of schedule, and the short-term target of 1942 remained...
My point this week is very clear. I've been bearish after Thursday's sharp price drop. Although the current rebound is relatively strong, the pressure of the 50% retracement level above 1963 has not been substantially broken, and the market is still in a bearish state. Falling is not impossible at the moment, but adjustments are needed to fall better. Relying...
Investment is extremely impulsive, so try to control your impulse and operate according to the plan and principles. There are risks in the market, and risk control is the top priority. Always insist that profit is the only standard of strength, never fuzzy analysis, I have my trading style, followers, monthly cycle down, never failed, others have been in the...
Gold fell sharply yesterday and took a rest today, but the rebound failed to break through the pressure of the previous intensive trading zone, and the bearish trend remains unchanged. The U.S. market continues to be bearish, so go short! Gold is generally in shock, but now it has entered a downward trend in shock! Rebounds are all short-selling...
The long and short opportunities of gold yesterday were accurately predicted. In the afternoon, the member group suggested that the long target of 1962 should be more than 10 US dollars, and the evening review of 1974 short again won a drop of 10 US dollars. Since the Federal Reserve’s latest interest rate decision was announced in the early morning, the...