The bankruptcy storm of Silicon Valley Bank not only swept into the three US banks, but dragged down European banks by the way. Credit Suisse couldn't handle it over the weekend. Although UBS announced the acquisition, the corresponding price was very low, and this The mighty banking storm has not yet stopped. It is reported that more than 170 Bank of America are at risk. At present, on the one hand, interest rates are constantly being raised to control inflation, but on the other hand, 2 trillion yuan is released to rescue the market. The sword in the left hand and the shield in the right hand are really harvesting the world from the aspects of technology, epidemic situation, and finance.
In terms of gold, it broke high and closed on Friday, not only on the daily line, but also on the weekly line. Although this round of rise is said to stimulate risk aversion
1. Any wave of market needs twists and turns, and it cannot be finished in one go.
2. After the adjustment, even if it does not break the high, it will be reversed twice.
Looking at it now, although this wave of rise comes from the impact of Bank of America's bankruptcy, all analysis is based on unknown predictions, and the biggest transaction is yourself and time. Others are not important. You may not lose to technology, but most of them will lose to yourself or time.
The price has risen to the current atmosphere, everyone must ask whether it will break the high? Where can this wave rise.
Generally, there are several ways to judge the peak of the trend:
1. If it rises in the front and accelerates for several days in the later period, it must be the top.
2. Exceeding the previous rising range. The first wave of 1616-1960 was roughly 245 US dollars, then calculated from 1805, 245 US dollars is 2050, which is near the previous high point, and has not broken the high point of last year.
Therefore, from the perspective of the risk area, the price of gold will easily accelerate after 2000. The current trend is still much lower, and at the same time, it is still in the safe area.
3. The time period of the rise, usually judged that a wave of rise, the time period is at least not greater than the previous wave, the risk is small, and this time the rise is only more than a week, in terms of time period, it is very safe.
The above. At present, gold encounters obstacles in 2010. In the short term, if you want to continue to open up room for growth, you need to combine the trend of the next 4 hours. So now gold can choose to go long in the 1988-1992 range. Target 2008-2025. Stop loss 1982
In terms of gold, it broke high and closed on Friday, not only on the daily line, but also on the weekly line. Although this round of rise is said to stimulate risk aversion
1. Any wave of market needs twists and turns, and it cannot be finished in one go.
2. After the adjustment, even if it does not break the high, it will be reversed twice.
Looking at it now, although this wave of rise comes from the impact of Bank of America's bankruptcy, all analysis is based on unknown predictions, and the biggest transaction is yourself and time. Others are not important. You may not lose to technology, but most of them will lose to yourself or time.
The price has risen to the current atmosphere, everyone must ask whether it will break the high? Where can this wave rise.
Generally, there are several ways to judge the peak of the trend:
1. If it rises in the front and accelerates for several days in the later period, it must be the top.
2. Exceeding the previous rising range. The first wave of 1616-1960 was roughly 245 US dollars, then calculated from 1805, 245 US dollars is 2050, which is near the previous high point, and has not broken the high point of last year.
Therefore, from the perspective of the risk area, the price of gold will easily accelerate after 2000. The current trend is still much lower, and at the same time, it is still in the safe area.
3. The time period of the rise, usually judged that a wave of rise, the time period is at least not greater than the previous wave, the risk is small, and this time the rise is only more than a week, in terms of time period, it is very safe.
The above. At present, gold encounters obstacles in 2010. In the short term, if you want to continue to open up room for growth, you need to combine the trend of the next 4 hours. So now gold can choose to go long in the 1988-1992 range. Target 2008-2025. Stop loss 1982
Trade active:
Currently executing according to plan. If there is a change. I will inform everyone
Trade active:
The current gold 1-hour line shows that 1982 is support. So there is no problem for us to do more around 1982 support now. If there is a change, change your thinking and go short. I will keep everyone informed.
Trade active:
Gold fell below the 1982 support. Currently wait and see. Waiting for the next transaction order
Trade active:
Now need to see whether it is a decline or a tentative decline to 1982. So wait patiently for the next trading strategy.
Trade active:
Gold currently has 2 support positions the first is near 1972. The second support was in 1955
Trade active:
We now wait for the US market. If there is a trade direction before the US market opens. i will tell everyone
Trade active:
At present, the volatility of gold has begun to slow down. We focus on 1990 resistance. If you do not break through this point. I will inform everyone to short. To do more, you need to consider doing more near the 1972 support.
Trade active:
Combining the above ideas. Our gold will choose to go short in 1988-1990, target 1972-1956. Stop loss 2000. In addition, I will choose to go long in 1970-1972, target 1988-1998. Stop loss 1965.
Trade active:
If there is a change, I will notify you separately
Trade active:
We're thinking right. The gold 1972 long order is making efforts. Now mainly look at the 1990 resistance. If it rises, it will continue to test the 2000-point mark. If 1990 becomes resistance. For long orders, we need to take profit and leave the market.
Trade active:
Gold was long in 1972, and you can choose to lighten your position in 1983-1984. The remaining quantity can continue to look at the 1990 resistance, so that we can control the risk
Trade active:
If gold goes back below 1975 again. Everyone can continue to make long orders.
Trade active:
Gold came again in 1972. Everyone can follow the plan. Long 1966 stop loss. Take Profit 1988-2000
Trade active:
Gold has just been affected by news. As a result, gold fell rapidly to 1965.8, just to stop the loss and 1966. We just made 2 transactions 1972 long. One profit and one loss. The first trade made 8-9 points in 1981-1982. The second trade in 1966 lost 6 points.
Trade active:
There is a high probability that gold will end in shock today. Adjust your mentality. Trading will continue tomorrow.
Trade active:
Gold currently needs to focus on 1990 resistance and 1965 support. I will post the latest transaction direction later