What should we do next week after gold prices jumped $46? ! It’s simple, go with the trend and go long. As the saying goes, when things go up, they don't reach the top, and when things go down, they don't reach the bottom. Look big or small, take advantage of the trend and take a short position➕Stop loss! Under the volatile situation, gold prices hit a new...
After completing the long strategy of 82.7-85, the market adjusted as expected. Judging from the trend, the current adjustment is not over yet. The position I can see is around 83-82.8, which is a better entry point. . As shown in the figure: the trading strategy can be short first and then long, and the short target is around 83-83.2. Then go long around 83,...
Currently, 2300 is around the corner, and the highest gold price is around 2288. From the minute and hourly lines, 2285-2288 is the short-term pressure level, but as mentioned before, the top was not mentioned during the period. Ascending, which means I can't be sure here. It will become a top because the trend has not yet formed a top form, so it can only be...
Gold began to rebound after falling back to around 2230 at the beginning of the week and is currently back around 2260. Judging from the trend of bulls this week, the upper space is still looking towards 2300, which is likely to be the high point hit this week. Trading idea: Adjust and stabilize around 2230 at the beginning of the week, and you can go long...
From a trend perspective, oil prices have limited fluctuations and have maintained their recent gains. Market expectations + production cuts will lead to tight supply, and Russian refineries were attacked. Affected by geopolitical policies, crude oil broke through the previous high and continued to rise. The overall trend is bullish and the pullback continues to...
On the negative side, sources said that + next week’s meeting is unlikely to make any changes to oil output policy, and the latest data showed that API crude oil inventories increased by 9.337 million barrels, which has revived demand concerns. From a technical point of view, crude oil is trading sideways, and you can sell high and buy low. as the picture...
Gold began to rebound after a slight correction, but the decline did not meet expectations. However, judging from the trend, it still continues to fluctuate in a range, but several trading points are relatively clear. As shown in the figure, 2195 is still used as the dividing point, and 2200-2205 above is the pressure level, which can be shorted. In this way,...
Judging from the current prime time chart: There is indeed suppression near 2195, but can it be shorted? Is it worth going short? This is what we should consider. From a trend perspective, gold is still in a bullish trend overall. Shorting requires a certain amount of courage and sufficient ability. As can be seen from the figure, the current trend is divided...
Gold fell today after encountering resistance near the previous high, and then found support near the upper edge of the previous shock box. It is currently oscillating within a narrow range. From the 1h chart, we can see that the resistance is now back near the upper edge of the box at 2185. At the same time, the MACD indicator has now formed a dead cross, but...
Crude oil experienced a short-term correction as Russian government-ordered curbs on oil production and attacks on Russian and Ukrainian energy infrastructure offset U.N. demands for a ceasefire in Gaza. The bullish signal given yesterday was also in line with expectations. You can still continue to go long after today's correction. As shown in the chart,...
In the past two days, gold has been in a narrow range of fluctuations. In the short term, the trend is indeed not obvious, and both long and short are entangled. Then we can analyze the trend of gold from the side of the US dollar index: The obvious five-wave rise in the U.S. dollar is over. According to the wave theory, it is basically a five-wave + three-wave...
How will gold be traded next? You will understand after reading it! From the 15-minute short-term level, gold has formed a head and shoulders top pattern, which is a bearish pattern. As can be seen from the current 4-hour chart: In the Fibonacci trend line from 2222 points to the current low of 2157 points, the vicinity of 2182 points is precisely the key...
I got 2 trades open now. Lets aim for the high 8RR on the last trade.
After strong impulse after Nonfarm's , I expect trend continuation after price broken false OB on H1. Entry: 0.6964 SL: 0.6975 TP: 0.6900
After a big pump of this pair is time to go down! Let's see!
Hello everyone, as we all know the market action discounts everything. _________________________________Make sure to Like and Follow if you like the idea_________________________________ The dollar rose in Asia on Tuesday morning as fears about the omicron COVID-19 version began to fade. The US Dollar Index, which compares the dollar against a bundle of other...
Our RSI reversal strategy has enter a long trade running on EURNOK overnight. This is a new strategy script we are trialling at the moment based on reversal trading using RSI as a one of the main contributing confluences. New trade details are shown on the chart and we are working the 15M time frame. Take profit is the green line. Pink line is stop...