If you think that BTC is a new digital gold... Maybe a Head and Shoulders in BTC vs Gold
In yesterday's post, I mentioned that the gold price increase on Monday will continue Friday's decline. Because of Powell's hawkish speech. Gold fell directly when it corrected to 2042, hit 2014, and then corrected to around 2026. Tomorrow I think gold will test the 2028-2032 range upwards and then continue to fall. So I give the following trading...
Here is what you need to know on Monday, January 15: • Gold price gains ground on risk-averse sentiment due to the Red Sea situation. Israel-Gaza conflict intensified after Houthi attacked a US Navy vessel. • US Treasury yields contribute to downward pressure on the US Dollar. Barclays revision of the Fed rate cut has changed market sentiment. Gold prices...
Gold market analysis Yesterday's gold bears are very fierce, directly fell to the strong support of the 2030 day line, market fluctuations are actually in our expectations, you can look at yesterday's analysis, we clearly told you that the gold bears will be strong, the morning 2064 directly dried out, the evening rebound 2049 again empty, and inform you in...
We were very sure of the bullish trend in yesterday's market. In yesterday's analysis, we also told everyone with great certainty that the short-term shock will end and bullish gold will break through 2070. The current performance is completely in line with our expectations. The long orders we placed in 2062 made us profit. It’s very rich. Today’s thinking is...
Gold Analysis and speculation: On Monday, gold stepped back in 2015.8, no less than the shock rose to 2033.5 and then fell back to 2024.9, the daily line closed positive line, the daily line did not break the daily line and the possibility of rising If gold does not continue to be bullish in 2024 at night, focus on 2038-2047 above; If gold breaks down 2024 look...
GOLD New forecast The price of gold rose yesterday and is quietly creeping upward and continues to try to return to the ascending channel, so that the bullish trend scenario remains valid for today, and the price needs to obtain positive momentum that contributes to continuing the rise and achieving our next positive target, which is located at 2055, and by...
Today I mainly gave two trading ideas in the channel: one is that if gold fails to fall below the 2020 position, then gold may rush higher again, so the first trading signal I announced today is to go long gold near the 2025-2026 position, TP: 2031; The second is that I have been on the channel for the last two days to remind everyone that the short-term...
Thank you to every friend for your support! Maybe you follow a lot of trading channels The profits they show are very, very beautiful! My deals don't have the bells and whistles and they don't have the fancy but I can make money Frequent trading and greed is the beginning of your losses! The most important thing in trading is the mentality followed by technology...
GOLD New forecast The price of gold continued to decline to reach the first support at 2030, and we expect the bearish tendency to continue to test the support of the ascending channel around the 2007 barrier, so that the bearish slope remains expected in the immediate term. Therefore the downward scenario will be remain valid and effective during coming...
Last week, I clearly emphasized that gold will have room to rise after breaking in 2009! Yesterday, the highest Asian gold price rushed to 2138, which has a profit of 70 dollars! Gold prices then fell back We sell around 2060 The lowest position 2023 is another $40 profit Wall Street is never new and neither is gold! History always repeats itself! This is a...
Gold technical chart daily pressure 2145 below support 2000 The four-hour pressure is 2078 and the support is below 2010. One hour pressure 2052 below support 2020 Operation suggestions: BUY:around 2020 BUY:around 2010 SELL:around 2050 SELL:around 2078
Profits continue tonight! It's easy to make money without changing the long-term trend
GOLD New forecast Gold prices remained stuck in a narrow range, today, Tuesday, as it stabilizes near the level of 1945 Dollar per ounce, as investors await the release of consumer price index data in the United States today. Keep an eye out for important data Market participants around the world are awaiting US CPI data scheduled for Tuesday, and Producer...
As the war confrontation weakened, the impact of gold changed from the impact of war to the impact of interest rates. The FOMC did not discuss a rate cut. At present, economic inflation in the United States is still too high, and the data seems to be moving towards 3% rather than 2%. Therefore, Fed Governor Bowman also said that further interest rate increases...
Gold tested the upper pressure point of 1992 again yesterday, and then fell to 1979. At present, it seems that gold will not break through 1992 and will still fall. Today's US non-farm data and US unemployment data will cause large fluctuations in gold prices. , if the upper suppression point is still strong, we will look at 1966 below and give everyone’s...
The rise in gold at the beginning of today's European session was somewhat beyond expectations. After all, the general trend of gold is still short, and the recent rise can only be regarded as an adjustment by the short side. There is something wrong with the timing of so much hair force. Regardless of the trend, today's short-term trend is definitely strong....
Gold will be short after touching and testing the upper zone. Trade at your own risk. Just for educational purposes.