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mykvmykv Updated 

If the European market does not break down effectively on 12-06, the rise will accelerate in the later period, with the target at 26-32. We will go short again after it breaks above in the evening. Long orders have been entered below 10, and we will hold positions to protect our market during the US trading. If the current price long order is eliminated to protect...

mykvmykv Updated 

Today morning, the real market was long at 2908, and gold rose as expected. When it rose to 2915, the position was reduced, and when it rose to 2920, it was suggested to leave the market. This order made a profit of 120 points.Gold fell to around 2909 and rebounded as expected.The real market also prompted longs near 2909, and prompted to reduce positions when it...

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Spot gold is trading sideways at a high level, and the current price is 2919 USD/ounce. The support and pressure levels are high and low, with the pressure level at 2936 and the support level at 2800. Gold opened at a high level in the morning and continued to rise in the morning. At this stage, it is trading sideways. If it is trading sideways at a high level, it...

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The release of the data has brought significant market fluctuations. PPI is an important indicator to measure price changes in the production process. It reflects changes in production costs and has a more far-reaching impact on the market. Initial jobless claims data provides the latest updates on the US employment situation from the perspective of the labor...

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Yesterday, gold was affected by the data and hit the lowest point of 63 in the US market. Then it began to bottom out and rebound. As of now, it has reached the highest point near 22 again. The upward movement in the morning, the sideways movement in the European market is the biggest driving force for the bulls. The US market still has room to continue to attack,...

mykvmykv Updated 

Gold surged to 2912 yesterday, and retreated to 2896 at night before starting to rise. It retested 2905 again in the morning and continued to rise, but then it fell sharply and quickly in the morning and reached 2905. 2095 is the starting point of the morning and the dividing line between long and short today, but it does not mean that it has peaked after falling...

mykvmykv Updated 

At present, the gold price has reached the support of the moving average, and the price is also stagnant near the 2900 line. The short-term adjustment obviously feels the resistance below. The adjustment of gold will gradually come to an end, and the rising wave will follow! In the evening, the gold layout 2904 line short-term direct long Gold 2904 long, stop loss...

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Gold prices rebounded at noon, but encountered strong resistance at 2930, and then fell again, hitting an intraday low of 2881.78. During the US trading session, the price began to stabilize and rebounded to around 2900. The overall trend was as thrilling as a roller coaster. At present, 2900 has become a key price for both long and short sides. The upper...

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The four-hour chart is volatile but there are still two strong pressures above. The hourly chart is under pressure and needs to be repaired. From the psychological level of retail investors and their normal thinking, after yesterday's Jedi counterattack, the entire network must be bullish today. Some are waiting for more pullbacks, but from this kind of operation,...

mykvmykv Updated 

From the current technical perspective, the 2922-2925 range constitutes the current main resistance zone. Once the gold price successfully stands above 2925, the breakthrough of the previous high of 2930-2942 will be just around the corner, and the market is bullish. The 2911-2909 area below has built a solid support line. As long as the support is not effectively...

mykvmykv Updated 

If 2-06 does not effectively break below Europe, the rise will accelerate in the later period, with the target at 26-32. We will go short after it breaks above in the evening. Long orders have been entered below 10, and we will hold positions to protect our position during the US trading. If the current price long order is eliminated to protect the principal, we...

mykvmykv Updated 

From the gold candlestick chart, it is evident that the bulls are still in control. However, after reaching 2943 today, gold experienced a sharp pullback, indicating either a bearish counterattack or profit-taking by long positions. As gold prices rise and external factors come into play, market volatility has intensified, leading to an increasingly fierce battle...

mykvmykv Updated 

After the gold market opened in the morning, it fluctuated around 2897. The price then dropped to a low of 2883, but then quickly rebounded to near the opening price, but eventually fell back to a low of 2883. At present, the gold price seems to be locked in a narrow range of 2897 to 2881, showing a volatile trend. The long orders previously arranged near 2885...

mykvmykv Updated 

Judging from the current 4-hour gold trend, gold is currently fluctuating above the 2920 line, but the bulls have been in a strong position. We pay attention to the 2905 line support below and continue to look for new highs above. After all, the bulls are still the dominant trend. In terms of operations, we continue to focus on looking for opportunities to go long...

mykvmykv Updated 

Pay attention to the 4-hour channel support 2880-2883 tonight, which gives the first opportunity for short-term long layout, looking at 5-8 US dollars Today's callback is relatively strong, and the market atmosphere is different from before. Everyone should pay more attention! The current intraday high is around 2942 A drop of 50 US dollars will be around 2890 A...

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Since the opening of the gold price in the morning, the gold price has almost been rising continuously during the day, without too much retracement, and every K-line showing a negative trend is an opportunity to go long! During this period, we can't wait for a large retracement. Gold is strong and the trend is difficult to change. It is impossible to go short, and...

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From a macroeconomic perspective, on September 18, 2024, the Federal Reserve announced its first interest rate cut since the epidemic. Since then, the federal funds rate has been reduced by a cumulative 100 basis points, and U.S. bond yields have also dropped accordingly. Taking the 10-year US Treasury bond as an example, its yield hit a nearly five-year high of...

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On the 1-hour chart, gold is hovering around 2900, with a fierce battle between long and short positions, but the overall trend is still bullish. The US market will become the focus of market attention in the evening, with the upper resistance at 2917-2923 and the lower support at 2895-2890. In the face of such a market structure, investors are advised to follow...