Gold latest market trend analysis:
Gold news analysis: During European trading on Tuesday (October 31), gold prices traded near $1,993 per ounce, and market participants should continue to pay close attention to headlines about the Israeli-Palestinian conflict. The easing of the crisis could open the door for a sharp downward correction in gold prices, which fell slightly on Monday, but gold futures remained above the key $2,000 / ounce level as uncertainty over the Israeli-Palestinian conflict and this week's Federal Reserve meeting boosted safe-haven demand for gold. Gold hit a high last week as continued uncertainty over the conflict in the Middle East tilted investors toward traditional safe-haven assets and the market was waiting to see if any other countries joined the conflict. Higher interest rates do not bode well for gold because they increase the opportunity cost of investing in gold. That view has hammered gold prices over the past year as global interest rates have risen. Inflation is shown to be picking up again, while economic growth remains resilient. If the Fed confirms that no further tightening is needed this year, the dollar could come under renewed bearish pressure and Treasury yields could fall. In this case, gold could gather bullish momentum. On the other hand, the Fed could leave the door open for another rate hike in December, citing a strong economy, and force gold prices to pull back lower.
Gold technical analysis: Gold yesterday small Yin retracement correction, the daily line local pause finishing correction, from the point of view of the pullback space, is still a strong finishing correction transition, combined with the last big sun line rising bottom 1980. As the tipping point of the bulls, this position is still looking strong finishing, the first trading day of the beginning of the week, today pay attention to whether the finishing is ready to break the high again. Structurally, the strength remains. 2010 is not the top for the time being, and the local pullback is also for the bulls to accumulate momentum. The daily bullish line remains, while the previous low of 1953 is the medium-term bullish tipping point. 4-hour chart a wave of retracement correction, digest the MACD and KD indicators, a slight slowdown in the short term, but the space is not large, today and tomorrow are the key to the strength of the conversion, the strong market callback is no more than three. The third trading day is the node, and the space can not be too deep, so the recovery is relatively easy and simple, and the closing position determines the strength of the next day, yesterday's first pullback was slightly supported near 1991. However, it was not able to further recover the record high, and the local finishing was corrected. In summary, today's gold short-term operation ideas suggest that rebound high altitude, back down more than supplemented, above the short-term focus on 2005-2010 resistance, below the short-term focus on 1980-1975 support.
Gold news analysis: During European trading on Tuesday (October 31), gold prices traded near $1,993 per ounce, and market participants should continue to pay close attention to headlines about the Israeli-Palestinian conflict. The easing of the crisis could open the door for a sharp downward correction in gold prices, which fell slightly on Monday, but gold futures remained above the key $2,000 / ounce level as uncertainty over the Israeli-Palestinian conflict and this week's Federal Reserve meeting boosted safe-haven demand for gold. Gold hit a high last week as continued uncertainty over the conflict in the Middle East tilted investors toward traditional safe-haven assets and the market was waiting to see if any other countries joined the conflict. Higher interest rates do not bode well for gold because they increase the opportunity cost of investing in gold. That view has hammered gold prices over the past year as global interest rates have risen. Inflation is shown to be picking up again, while economic growth remains resilient. If the Fed confirms that no further tightening is needed this year, the dollar could come under renewed bearish pressure and Treasury yields could fall. In this case, gold could gather bullish momentum. On the other hand, the Fed could leave the door open for another rate hike in December, citing a strong economy, and force gold prices to pull back lower.
Gold technical analysis: Gold yesterday small Yin retracement correction, the daily line local pause finishing correction, from the point of view of the pullback space, is still a strong finishing correction transition, combined with the last big sun line rising bottom 1980. As the tipping point of the bulls, this position is still looking strong finishing, the first trading day of the beginning of the week, today pay attention to whether the finishing is ready to break the high again. Structurally, the strength remains. 2010 is not the top for the time being, and the local pullback is also for the bulls to accumulate momentum. The daily bullish line remains, while the previous low of 1953 is the medium-term bullish tipping point. 4-hour chart a wave of retracement correction, digest the MACD and KD indicators, a slight slowdown in the short term, but the space is not large, today and tomorrow are the key to the strength of the conversion, the strong market callback is no more than three. The third trading day is the node, and the space can not be too deep, so the recovery is relatively easy and simple, and the closing position determines the strength of the next day, yesterday's first pullback was slightly supported near 1991. However, it was not able to further recover the record high, and the local finishing was corrected. In summary, today's gold short-term operation ideas suggest that rebound high altitude, back down more than supplemented, above the short-term focus on 2005-2010 resistance, below the short-term focus on 1980-1975 support.
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We will still be 100 per cent and we will win this week
Comment:
GOLD1992-94buy tp2008 sl1988
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2008TP Done
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I made a lot of money on a perfect trade today. We bought in 1992 and closed in 2006. We sold in 2006 and closed in 1981
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I made a lot of money on a perfect trade today. We bought in 1992 and closed in 2006. We sold in 2006 and closed in 1981
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I made a lot of money on a perfect trade today. We bought in 1992 and closed in 2006. We sold in 2006 and closed in 1981
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Today we bought gold in 1975 at the current price of 1983 and we have won again
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We bought today in 1975 and closed orders in 1985 for a huge gain
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Win
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Win
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Today's trading is very smooth and the price is going exactly according to my judgment, trading back and forth from 1992 to 1970
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Today's trading is very smooth and the price is going exactly according to my judgment, trading back and forth from 1992 to 1970
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Today's trading is very smooth and the price is going exactly according to my judgment, trading back and forth from 1992 to 1970
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Today we bought gold in 1981 and closed trading in 1990, followed by a sell order in 1990 and closed trading in 1984, a perfect day
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Today we bought gold in 1981 and closed trading in 1990, followed by a sell order in 1990 and closed trading in 1984, a perfect day
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Today we bought gold in 1981 and closed trading in 1990, followed by a sell order in 1990 and closed trading in 1984, a perfect day
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Today we bought gold in 1981 and closed trading in 1990, followed by a sell order in 1990 and closed trading in 1984, a perfect day
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Do you want to make big gains tomorrow?
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Do you want to make big gains tomorrow?
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Do you want to make big gains tomorrow?
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We bought gold today in 1985 and successfully reached our target 2002
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In just one day, we gained 150% on the gold trade
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Let's wrap up this perfect week, and I hope to be able to help you more next week