Gold prices were indeed exciting yesterday, with a unilateral plunge of nearly $100. Judging from the current trend, bulls and shorts are intertwined, and the trend has fallen into a chaotic stage. The fundamental reason is that after a sharp decline, gold prices will still have the power to fall with inertia. Another point is that the gold price has not yet...
Last week, gold continued to rise on Monday, Tuesday, and Wednesday, constantly setting new highs, soaring by dozens of points every day. Only on Thursday did gold press the pause button, and the market was counting on Friday's non-agricultural data to repair gold's upside. . Things are not going as expected. Although non-agricultural data and unemployment...
Gold has peaked, prepare to fall Gold's rise was weak, and it once reached around 2300, but it clearly felt that it could not rise, that is, there was no strength, and the big negative line went straight down, forming a bearish engulfing pattern. The continuous big negative line engulfed Yangdian's real body, and it also closed the upper shadow line, and the...
Today’s gold trading situation is as follows: 1.Xauusd: @2256-2258 Sell, SL:2266, profit and loss: -4000 2.Xauusd: @2263-2265 Sell, TP:2255 Profit and loss: +5532 3.Xauusd: @2273-2275 Sell, TP:2255 Profit and loss: +7184 4.Xauusd: @2276-2278 Sell, TP:2255 Profit and loss: +8520 In gold trading today, although one of them touched SL: 2266 resulting in a loss of...
Dear friends, gold hit a high of 2265 overnight and then fell back. Then gold stopped falling near 2229 and rebounded slightly again. As of now, gold is trading near 2251.According to the current gold trend, there is no doubt that gold still maintains a trend upward trend, so overall gold still maintains a intact upward pattern. But in the short term, today's...
This wave of gold rise is completely within our analysis, the rising trend does not say the top, today we follow the trend to continue to be bullish, on the daily line yesterday, the short-term bulls still have power, the amplitude and strength of this wave has created the largest record in nearly half a year, several times before the rise either rise in the...
Gold last week we have been bearish, has also been layout empty single, and did not layout a single, empty gold is also full of harvest, the only time gold hit because of Friday's big V pull up, gold experienced a week of big shock to adjust the weekly line closed negative, coupled with the small tombstone before, you can determine the weekly short-term rise of...
1 Gold analysis: Yesterday, gold's daily line closed negative, and bottomed out, and the short-term trend turned from shock to bearish. Today the price continues to be suppressed below 1915, so the short-term performance is also weak. 2 Today’s trading plan: Tonight, we will focus mainly on cpi data. The idea is divided into two steps: If the data is greater...
In the early trading, we bought at 1918 and took profit at 1929! Now: If there is pressure near 1930, you can sell, stop loss at 1935, target 1915; if 1915 stabilizes, it will be bullish. If it breaks, pay attention to the 1910 support below before making plans.
The golden weekly line gives a physical negative line, and the trend is still short. On Friday, gold tested 1930 for the second time and fell back. The daily line gave a longer upper shadow line, and short-term bears still have the upper hand. The bears will launch an attack on 1900 next week. For short-term operations next Monday, focus on the two short...
The chart posted is my labeling of GS to which I feel that we are ending wave D down within a large sideways triangle to which I am labeling it as a WAVE B . I will now look for GS to rally but under a very labored bull phase CAUTION is and should be used for long and I.T. traders
If you haven`t sold GS here: Then analyzing the options chain of GS The Goldman Sachs Group prior to the earnings report this week, I would consider purchasing the 330usd strike price Calls with an expiration date of 2023-7-28, for a premium of approximately $5.55. If these options prove to be profitable prior to the earnings release, I would sell at least half...
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...
Gold's current rebound is in place, and it will continue to fall in the future. 1930 will be directly short, bearish! It can be seen from the gold 4-hour level that after this rebound hit the suppression of the long-term moving average, it encountered resistance and called back! Before the pressure of 1935 broke through, the short trend of gold remained...
Bearish divergence on the weekly time frame indicated a bearish move. Which has already happened, giving up control from the bulls to bears. Creating a lower high which could indicate a upcoming move towards $250. Over bought stochastic and Market exhaustion of the RSI to the upside. Could support my analysis which means NYSE:GS could fall 24-38% in the coming...
——Powell's super-"hawk" interest rate hike attitude is shrouded, and the gold 1990 mark is in jeopardy—— At noon in the Asian market on Thursday (June 29), gold shorts approached $1,900, and Federal Reserve Chairman Powell reaffirmed his super-hawkish stance. The analysis pointed out that gold is no longer a good hedging tool against economic difficulties...
The gold adjustment is coming to an end, a new downtrend is about to start, the rebound relies on the pressure of 1950 to short, and the waterfall is about to appear! For the trend of gold, from the weekly level to the hourly chart, it has been analyzed countless times! Weekly triple top, historical top! The daily line fell all the way down. Although the current...