Due to the Federal Reserve's hint that it is about to suspend interest rate increases, and Yellen's speech created a warming of bank risks, gold today continued yesterday's rally and edged higher again.The overall trend showed an incremental increase, reaching the highest level of 1983.7. Judging from the trend of gold prices, yesterday's daily gold line closed...
During the Asian session on Monday (March 20), gold bottomed out and rebounded. It had previously fallen to around US 1,968.18 per ounce due to technical adjustment needs, and over the weekend the Federal Reserve and the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank and the Swiss Central Bank jointly took coordinated actions to...
3D Investing or Trading = Technical Analysis + Depth Analysis Depth Analysis: • Macro analysis or / and • Micro analysis or / and • Other analysis See the following video "3rd Dimension Analysis" link for other analysis. Many use either technical or fundamental analysis alone in their research work, I observed they likely to struggle with confidence to make...
The 1830 short position on gold has been closed for profit. What can we do now to maximize profits? Looking at the short-term trend, a death cross has formed on the 15-minute chart, and with continued weakness on the 15-minute chart, a death cross on the 30-minute chart is also about to form. Therefore, it makes sense to sell at this point. My personal trading...
In trading, we may have short-term profit goals, but long-term goals are built on the foundation of short-term profits. Without short-term profits, long-term goals are meaningless. Therefore, we need to balance short-term and long-term goals to achieve steady and sustained profitability. After Powell's speech, gold continued its downward trend and hit a...
How to maximize profit in real-time gold trading today? The gold market in the US session has been unable to hold its ground, with clear signs of weakness in the long positions, and the market is struggling to advance. The price briefly surged near 1822 but was quickly pushed down, with three failed attempts to break the resistance level. Overall, the market is...
The Achilles heel of human psychology---fear and greed. Why is there fear, repeated failures, unprincipled stop losses, funds are inadvertently because the countless stop losses are getting less and less, so that they dare not start when they are right, hesitant, and keep doing it when they are wrong , Don't dare to do it! Don't dare to look at what is right,...
Good to see gold is following us Hope this Analysis will help you guys to plan your trades I see an Order Block area in Weekly Time frame and sooner or later it will be fulfilled This area would be a good long area for those who missed last rally of gold. Cheers DYOR
Gold has support at 1830-32below, and it has basically returned to this level after the pullback. The distance between the moving averages and the K-line is relatively far, and the moving averages and the K-line have mutual attraction, indicating a likely return to the moving averages. Therefore, we can directly enter a long position at 1833 for gold. Are you...
The maple leaf ignited a fire in the forest, it was after experiencing the blow of the frost: the big tree stood proudly in the snowstorm, it was after taking deep roots in the soil: you——stand out and make a big splash, it is in After practicing calmly and steadily. Gold chose to break through directly on Friday, and did not choose to fall back again in the...
You understand when others don't understand, you act when others understand, you succeed when others act, and you become rich when others succeed. This is: extraordinary thinking, foresight. Smart people can understand, shrewd people can see accurately, and savvy people can see far. The voice of the wise is the direction of the fool. You must learn to give up...
Don't be indifferent to gentleness because of too much busyness, don't hide enjoyment because of too much pursuit, work is not the whole of life, stop in a hurry, please enjoy the blessings of life. have a good weekend Last week, gold closed as scheduled, all profits.Congratulations to my friends As analyzed during the trading week, gold was primarily...
Dear traders, hope you all doing great, this will possibly be the last sell entry be on XAUUSD, We have high impact news on XAUUSD and that is why we think, it would be a perfect area to sell gold and target 400-500 pips. We may have the buy limit set around 1780-85 as this is the area every trader is eying on. -Trade Setup will only be valid if we have good...
Gold's intraday rebound near 1838 was blocked, and it has now retreated to around 1830. Although gold is weak and the amplitude is not large, there is basically no rebound strength near 1830. For the related product silver, the silver daily line has fallen below yesterday's daily low point level , if proportionally speaking, gold may fall to the 1820 level At...
Observing the 1-hour chart of gold, MACD indicator has shown a clear divergence. The increase has reached as high as 40 US dollars from yesterday to today, so a short-term pullback is necessary. Therefore, short-term trading will be bearish dominant, supplemented by bullish, until the correction is completed. From a long-term perspective, it is expected...
The 2 key reasons why gold keeps rising it is because 1) Gold is an inflation hedge asset 2) Gold is a currency hedge asset Content: • Gold is still an inflation hedge instrument • Gold is also a currency hedge instrument • How to invest & trade in Gold? CME Micro Gold Futures Minimum fluctuation 0.1 = $1 1 = $10 10 = $100 100 = $1,000 Disclaimer: • ...
Although Gold is gaining more stability while tapping sideways, it should work on its upwards momentum to carry on with our primary scenario. In this case it would rise up to the orange target zone to complete the orange wave iii. After completion, the orange wave iv should push the Gold back into a correction. In our alternative scenario with a probability of...
Forex and gold is a market full of potential but also a lot of risk, so practice and equip yourself with the necessary knowledge. Our pivot point stands at 1912.00. Our preference The upside prevails as long as 1912 is support. Alternative scenario The downside breakout of 1912 would call for 1901.50 and 1895.50. Comment The RSI is trading above 70. This...