Miracle_QQ

Can gold continue to rise by 2000 points?

Long
Miracle_QQ Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hello everyone. You in front of the screen, all investment products are ups and downs. If they rise too much, they will fall, and if they fall too much, their value will rise. Therefore, don’t deny the excellence of a track just because of a day’s rise and fall. , Fluctuating back and forth is what finance should look like.


This week, the Federal Reserve’s interest rate hike is difficult to stop. If inflation is not increased, and if 50 basis points are added, there will be as many as 200 banks in the United States that have problems like Silicon Valley Bank. The risk of bank runs is the culprit. Finding a balance is the key. Now the market expects to raise interest rates by 25 basis points. The panic has not yet been digested. The main reason is the disaster left by the Federal Reserve three years ago. The unlimited QE led to zero interest rates. There is a large amount of cash from technology giants, and the bank's profit comes from the interest rate difference, so the bank decided to use this zero-interest deposit to buy a large amount of U.S. Treasury bonds and backable bonds. The interest rate is between 1.5% and 1.9%. The Federal Reserve raised interest rates in order to curb inflation, causing bonds to fall, and the valuation of big companies has shrunk and they need to withdraw money to save themselves. Banks lost money while saving, and Silicon Valley Bank took the lead in "suicide bankruptcy". . And gold directly rushed to 2009 US dollars / ounce yesterday, the market is hotter, and the short-term price adjustment area of 1965-1954-1950 is supported

Based on the above, the short-term gold can choose to be long in the 1963-1960 range. Stop profit 1982-1995. Stop loss 1955

You can choose to short in 1988-1990. Stop profit 1972-1966. Stop loss 1997
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Wait patiently
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Our gold is long from 1960-1963, and we have successfully purchased it. Remember to bring stop loss 1954. Now patiently wait for the market to rise.
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Gold continues to fall at present. Our long and single stop loss and 1954. Currently looking at support near 1950. If the support is relatively strong. I'll continue to give direction on the trade.
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Gold 1950-1952 long. Target 1963-1970. Stop Loss 1945
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Gold is currently supported by 1950. The next support was in 1944.
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Today's trading idea is to make a bottoming out and rebounding idea. Therefore, we maintain that there will be a market that bottoms out and rebounds in the next market.
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So our stop loss moves down to 1944
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Gold stop loss 1944. Strictly enforce.


Gold was bullish for the last time today. 1942-1945 long. Target 1960-1968. Stop loss 1937
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1937 was the watershed between long and short. As long as it doesn't fall 1937 here. Let's keep watching the bottom of gold and rebound today
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Gold remained volatile at a low level. To control risks, we must set stop loss 1937. We can choose to take profit in the range of 1951-1953. I wish everyone a successful investment today
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