There is no highest, only higher, and the value of this sentence is still increasing. I have to admire my recent bullish thinking. Since gold's surge encountered resistance last week, ushering in a significant volatile market shakeout, as shown in the chart above, I've issued buy signals at 3840, 3855, 3874, 3893, and 3935, respectively. Last week, I predicted that the price would break through the 3900 mark this week. These series of trades and predictions have been fully validated by market trends. Newcomers can refer to my historical perspectives for verification.
News: Market expectations for further Federal Reserve rate cuts are growing, concerns about a prolonged US government shutdown are intensifying, and geopolitical conflicts are driving gold prices to new record highs.
Technical analysis: The weekly line has achieved seven consecutive increases, the daily price is stable and running above the major moving averages, and the short-term technical indicators are all in a bullish state.
To sum up, this is why I remain consistently bullish. Trading requires knowing how to observe trends, how to analyze, and how to follow the trend. The market trend will not fall just because it rises too much in a short period of time. You should not trade emotionally. As long as you can see the trend clearly, trading will be a very simple thing.
Strategy! You can continue to maintain a low-long strategy. Due to limited time and energy, the next trading signals will not be updated so promptly. Brothers who need to pay close attention to trading signals, I will wait for you in the tg channel.
News: Market expectations for further Federal Reserve rate cuts are growing, concerns about a prolonged US government shutdown are intensifying, and geopolitical conflicts are driving gold prices to new record highs.
Technical analysis: The weekly line has achieved seven consecutive increases, the daily price is stable and running above the major moving averages, and the short-term technical indicators are all in a bullish state.
To sum up, this is why I remain consistently bullish. Trading requires knowing how to observe trends, how to analyze, and how to follow the trend. The market trend will not fall just because it rises too much in a short period of time. You should not trade emotionally. As long as you can see the trend clearly, trading will be a very simple thing.
Strategy! You can continue to maintain a low-long strategy. Due to limited time and energy, the next trading signals will not be updated so promptly. Brothers who need to pay close attention to trading signals, I will wait for you in the tg channel.
Note
tradingview.com/chart/GOLD/6kgllgmh-Gold-strategy-Buy-long-in-the-3925-3935-area/The long signal sent by the previous point of view!Trade active
The long orders bought at 3893 and 3935 are all making huge profits! At present, gold has reached a new high, and the support and resistance have moved up accordingly. A new range has been formed, and new opportunities are coming.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.