Gold prices struggled on Wednesday, with investors on the sidelines ahead of key U.S. inflation data that could provide more clues about the Federal Reserve's monetary policy stance. The latest U.S. inflation data due tomorrow will be an important point of reference when the Fed meets next month, when the committee will decide whether to continue raising interest...
Gold trend analysis It can also be seen on the daily line that this callback has touched the support of the Bollinger lower track on the daily line, which is an undoubted turning point of the market! Then go all out to do more this week! In 4 hours, there is still a need for adjustment at the bottom of gold, but the callback is an opportunity to go long. After...
The minor rally, which will last until April 2029 and to 1 ounce = $7500, is probably about to begin. Fake price falls can be a buying opportunity. Then, after a decline that will continue until the end of 2033 and 1 ounce = $2100, a major rally that will last 14 years and carry the price of gold to $64.000 an ounce. We are fortunate that we are at the beginning...
Today's analysis: After the 4-hour chart broke low, it remained horizontally below the broken low point. Due to the approaching data, trading was cautious, and the amplitude space further shrunk. At present, the 4-hour structure is still running in a downward step for the time being, but after the space shrinkage yesterday, it will continue to the transition of...
In any trend, everyone likes continuity, and the longer it lasts, the better, especially for A-shares, which can only be a market that goes up. A rise means giving money to everyone, while a fall is tantamount to death. According to the current situation, before the U.S. market, it hit a short position near 1968, with a target of 1954, and bought the 1950-1954...
Gold is still consolidating in big time frame, now we are getting huge confirmation to go up which is H&S ( reversal pattern ). 1940 is the area to check, 1985 is the neck of the H&S. If Gold able to break H&S we will see 2050 which means 4th time to checking that area in 1D time frame since August 2020.
After last week’s sharp rise, gold temporarily stagnated at the 1963 high. On Friday, the small negative line retraces and corrects. The week’s closing work has not further risen to break new highs. The overall rise has come out of the high volatility after the surge, and there is room for retracement It is not enough to change the bullish structure for the time...
Good morning, friends, in terms of the trend of gold yesterday, it did not continue the upward trend of last Friday. Instead, it went deep V-shaped in the US market time period, with an upward trend of falling first and then rising. This is also the completion of my transaction yesterday. Signal, take a profit of 8 US dollars. At present, my point of view remains...
This week's gold analysis: The trend of gold this week is still the same as last week, and it cannot get out of the range shock. I originally thought that the non-agricultural situation could break the current situation of gold. Still seems disappointed. After bottoming out and recovering on Friday, it seemed that the rise was strong, but it was just in shape....
The 1-hour chart is subject to the suppression of the moving average system, and still maintains a good downward trend. In terms of operation, it is recommended to be bearish rather than chasing short, wait patiently for the rebound to short the band, short-term rebound 1924~1920, stop loss 1930, target 1908-1892. Gold fell 1% yesterday to hit a three-month low...
Gold suddenly rose rapidly in the short term. The price of gold has now risen to around 1956. In the Asian market, the price of gold once touched a level around 1945. The price of gold has successfully touched our first target price of 1945. Waiting for the price of gold to fall below this level will confirm that the price of gold will continue The corrective...
On the hourly chart, the price of gold may fall below $1,951 in the short term, and is expected to further drop to $1,941, which are the 38.2% Fibonacci retracement and 61.8% Fibonacci retracement of the upward range from $1,925 to $1,968 stalls. The international gold price fell slightly under the pressure of the rebound of the US dollar, and the short-term view...
Looking at the daily line, if the price of gold can stand above 1962, the market outlook is expected to further touch 1985, which are the 23.6% Fibonacci retracement and 38.2% Fibonacci retracement of the 2082-1925 downward range. However, given that 1962 is in the recent intensive transaction area, it is more likely to fluctuate on this line. Gold rose to 1964...
Tomorrow is the release of cpi data. Judging from the volatile and sideways trend, tomorrow's market should be very big. Here I believe that many investors still want to know, I am more inclined to cpi is falling or rising. From the perspective of data expectations, the previous value is 4.9%, and the expected value is 4.1%. The gap in the middle is still...
The current price of gold in 1964 is directly empty! At present, the gold daily cycle and the one-hour cycle are bearish, and the key watershed position for long and short in the day is still the 1970 line. Gold continues to fluctuate and adjust at high levels. After the current price has dropped below 1963.5, the short-term top pattern below 1970 has been...
The current key pressure position is the 1957 position, which is the market pressure position and the moving average suppression position! Today's rebound relies on this pressure to continue shorting. The support below pays attention to whether the 1930 line breaks. If it breaks, the market will start a new round of decline! Trading straregy: gold: sell@1955 ...
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The gold Yinxian fell below the 1-hour mid-track, which is the best signal for the end of the bulls, which is to be shorted, but this cannot determine the low point, so we can only use other methods to continue to hold short orders Although there is a bottom structure, gold has not yet tested whether the neckline support is effective. Moreover, the price of...