Dear friends, gold hit its highest level near 2288 and then fell back. It is currently trading near 2271. Gold is currently showing an irrational market. On the one hand, due to the expansion of the situation in the Middle East and the conflict between Russia and Ukraine, safe-haven assets have been rushing into the market. On the other hand, silver and oil have...
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, due to the escalation of geopolitical conflicts in the Middle East due to the Israeli air strike on the Iranian consulate, gold once rose and set a new historical high again, with the current highest reaching 2266.8. Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective, this position...
The price of gold is too high for the market price. A pullback is needed to get the market moving higher again. And I was the one who sold gold at high levels. 2158-2163 sell gold tp2243-2248 sl2270 I will continue to update if there are opportunities to continue buying in the future. Stay concerned.
Dear friends, the current gold market has become an irrational market due to risk aversion and trend-following sentiments, so it is relatively more complex. Gold hit a high of 2265 overnight and then fell back. Then gold stopped falling near 2229 and then rebounded slightly. As of now, gold is trading near 2251. According to the current gold trend, there is no...
Long trading range Gold remains strong. 28/3 is mainly buying. 2192-2190buy Tp2202-2207 Sl2183-2186 Related Products: MCX:GOLD1! FXOPEN:XAUUSD VELOCITY:GOLD OANDA:XAUUSD ACTIVTRADES:GOLD TVC:GOLD CAPITALCOM:GOLD NCDEX:GOLD
Dear friends, today gold is once again strongly approaching the 2220 integer mark, and the market has a high sentiment of following the trend. However, gold has not crossed this mark after all, and is currently stuck near the 2217 position. I know that many people in the market are targeting the 2245-2250 area. But what I want to remind is that before gold breaks...
Gold prices in Asia were flat. No news about assists yet The price of gold remains within a narrow range of 2177-2179. The long and short competition is fierce. Based on the observation of MA and four-hour trend chart, the market is still in a small long trend. The bulls are obviously stronger than the bears. And the trend of rising and diverging should...
Gold is currently releasing short-term upward pressure after a sharp decline in the weekly trend, and may enter a short-term top form in the short-term trend. On the daily trend, although the current price has not yet maintained a high level and fluctuated, the K-line has begun to gradually break through the short-term moving average. The price has touched the...
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...
Gold rallied on the weekend's positive news. Gold prices continued to strengthen after opening in Asia. Attentive friends will find that Morgan Jack has explained it in advance yesterday. The highest impact reached a position near 2178, but it quickly fell back before stabilizing. It is still two dollars away from my expected 2180. Even so, buying is still a...
It was a very busy night with some new friends and some bad traders trading at a loss! Even burned the account! He wants me to help him I told everyone to be aware of the impact of tonight's data during the day! A lot of people are going to burn tonight, and if you're not sure, don't get involved in tonight's trade! Because super data is heaven for professional...
Gold's current rebound is basically in place, which is also in line with expectations. You can go short around 2157 The golden hourly line is one wave lower than the other, which is an obvious short position. Of course, the resistance levels naturally decrease in sequence. The K-line starts from above the moving average again and directly breaks through the...
Gold continues to look at the 2145 line. The K line is a normal rebound, but the overall trend is still bearish. There is still no support below. We continue to be short. The K line is a rebound, definitely not a reversal. The four-hour golden line is still suppressed by the moving average, and is rubbed against the floor. Even if it rebounds, it is still...
The final value of U.S. retail sales data in February was 0.6%, lower than the expected 0.8%, but higher than the previous value of -0.8%. The final value of PPI in February was 1.6%, exceeding the expected 1.11%, and the previous value was 1%. PPI rose 0.6% month-on-month, twice the expected value, and the previous value was 0.3%. The rise in energy prices is...
Through the analysis of the golden hour chart, we know that gold first fell and then rose in the early trading, stopping the fall and rebounding at the 2146 line below. The overall short force is a bit more dominant. In the short term, we will focus on the pressure level above and the effectiveness of the support below. Once the level is broken, the market will...
Gold should observe the key area above 2171-2174 on Friday. If it cannot break through this area, then gold will still be in a downward trend. Several key positions where gold’s downtrend may break Lower support 2152-2155/2148-2143 strong resistance area 2131-2134 We select trading opportunities based on specific operating trends. I will help you find safe...