Gold establishes bottom after breaking through 2330! It’s about to rise sharply after leaving the shock zone! During the day, the price fluctuated weakly below 2330. After a tug of war between long and short, the price finally broke through 2330. The one-hour bottom pattern was established, and long orders entered the market! The target above refers to...
On Friday (April 26), spot gold fluctuated within a narrow range near the 2330 key. The U.S. first-quarter GDP growth released on Thursday fell short of market expectations, dragging the U.S. dollar index to a nearly two-week low, helping gold prices stay above key support at the middle track of the Bollinger Band. That's despite U.S. Treasury yields rising...
Layers 2337 - 2335 Sl @ 2328 1st tp @ 2342 2nd tp @ 2350 3rd tp @ 2355 4th tp @ 2360
After his aggressive correction , GOLD will continue his travel to the moon
Gold experienced a significant retreat upon reaching the upper boundary of its channel, approximately at the value of 2333.35. Currently, the price has faced resistance and subsequently retreated from the 50% Fibonacci retracement level, indicating a potential pullback towards the upper bounds of the channel. In response to these developments, we are actively...
Gold has broken through the shock zone, and it is also in the form of a triple top. It is currently rising strongly, the bottom is more obvious, the moving average is obviously upward, and the steepness is also intensified. The macd energy column is obviously located above the zero axis, and it is also a sign of gradually moving away from the zero axis. Continue...
Xau is expected to make a buy pullback after a SHORT yesterday through to the 2290's GOLD would be going on a bullish hedge as we anticipate a turnaround for a continued short at the indicated reaction zones- R1, R2 and R3 Based on the analysis, the expected zone of turnaround is R2 just as indicated by the lowering arrow or we could have an uptrust .. Like, ...
the gold market this year has essentially only seen upside. since all time highs theres been a run on available contracts during a contraction that has ended suddenly. it appears that todays rally has been sustained, and the uptrend in futures has all but resumed according to a credit liquidity crunch and bear dollar environment. according to tv alerts, forex...
Gold won three consecutive times yesterday, 2353 was bullish and harvested. After the US CPI data, 2351 continued to be short. Gold fell again and harvested. Gold's long and short wins were two consecutive. It followed yesterday's three consecutive victories. Gold won five consecutive victories. Gold can't go up. , the short-term has peaked, and the rebound...
This wave of gold is the creator of history. Both the amplitude of the increase and the rhythm of consecutive new highs are unprecedented in the history of gold. At the time of writing this blog, gold has soared to around 2353. There is no top for the large unilateral rise in the market. It can be said that a small technical retracement is as high as 30 points....
Gold has risen strongly as a safe haven and has not stepped back, which shows that gold is still gaining momentum for further rises. It is not suitable to chase long now. After all, the fluctuations are relatively large now. If there is a slight correction, the loss may be stopped, and then the situation will be more embarrassing. It’s better to be patient and...
Affected by the risk aversion sentiment, gold rose by more than 40 US dollars in the short term. Once the risk aversion was over, the gold price returned to its original level. The two waves of market movements were very large, and we also made a small profit during the period! From the current market point of view, gold has basically stabilized the support of...
Gold has a 30-minute head and shoulders structure. Although the rebound is slightly stronger, it still has not changed the pattern that needs to be adjusted. The current price of 2383 continues to be short! Gold is still just rebounding now. Yesterday's negative line was at the top, that is, yesterday's opening price was around 2382. The rebound did not break...
Yesterday, we achieved two consecutive victories in gold, first short and then long. Gold is still bullish overall, and it continued to fall back to the long trend in early trading. Gold bottomed twice in 30 minutes near 2362 and the support stabilized and rose. Today it stepped back on the 2362 support and stabilized and continued to do more. Gold's long-term...
Gold fell by 2225 yesterday. Gold fell quickly and was harvested instantly. Is it cool? We directly charge more at the current price of 2374 Gold was blocked in the 15-minute short-term adjustment and fell back, and gold began to fluctuate in the short-term. Pay attention to the support near 2365 before adjusting to go long. If the upper rebound of 2390 still...
Last Friday, gold saw a sharp rise and fall in the early trading, and then the US market entered a sweep, sweeping around 2372-2402. It tested the resistance of 2402 again in the late trading and then fell back under pressure to hover around the 2390 mark. The price started to fall under pressure after confirming the resistance in the 2388-2389 area in early...
Gold went long at 2375 in the afternoon, and the article also directly publicly suggested that 2373 went long at the current price. Gold rose sharply again, and gold dry longs harvested again. Gold won three consecutive victories from yesterday to today. Gold is bullish. If it falls back, it is better to continue to go long. . Gold's 1-hour moving average is...
In the past two days, we have been emphasizing that the short position in gold has just begun. Gold has fallen sharply in the past two days. Gold was originally expected to rebound near 2340 and was short. Gold fell directly to 2335 and fell below 2300 to a new low. It rebounded to 2313 and was directly short. Gold fell again. The gold short position has won six...