Recently, we have been emphasizing the triple peak of the gold cycle and monthly line. The current rise is only a rebound stimulated by the news. There is no reversal trend. After the rebound, it will continue to fall. The 1-hour downward trend line of gold is suppressed, and the moving average bears run downwards. Since the trend has not changed, it is that the...
Macro headwinds to keep pressure on Copper prices Copper's price outlook is influenced by recession fears, China's Covid-19 restrictions, and the Fed's interest rate hikes. These factors will continue to impact copper's short-term price outlook, but its price support should remain above $7,500/t until 2023 due to tightening supply. We predict that copper prices...
Technical Overview Gold price prods lower line of a two-month-old bullish channel as the GOLD traders brace for the key United States Retail Sales and debt ceiling negotiations among the US policymakers. Given the steady Relative Strength Index (RSI) line, placed at 14, as well as the sluggish signals from the Moving Average Convergence and Divergence (MACD)...
Gold rebounded as scheduled today, but it did not break through the pressure of 1970. It is a normal rebound in the decline. It is still a bearish trend. It is still short and bearish under 1970! Everyone is paying attention to the upcoming Fed meeting. Powell's speech is hawkish. The US dollar may strengthen further and gold will fall. You can wait for the...
Today is the same as I expected, continuous short selling and continuous profit.I didn't make more than one order, and after the direction came out, I dared to enter.This time the gold price is the same as my judgment Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the opportunity to make money!
Gold has been profitable for three consecutive days, and today gold rebounded and shorted The golden cycle has a triple top, the 1-hour downward trend line is suppressed, and the moving average bears are running dead ends. There is no sign of reversal, so we continue to be bearish Trading straregy gold: sell@1965 tp:1950-1945 Next, there will be a lot of...
Hello traders. According to my analysis of the gold market. There is an opportunity to sell. With gold not breaking the strong support in the 2035 area. With a negative candlestick forming on the 2-hour time frame. There is an upward channel that gold cannot break through, good luck to everyone. Note: If you like this analysis, please give your opinion on it. ...
The current decline in gold does not mean that the profit opportunity has been lost. This decline adjustment is also expected. Then we must find an accurate buying point in the next transaction. In the short term, although the gold price is relatively low, it actually gives us a greater possibility of profit. It is predicted that in the end, there is still a...
As we can see, there was a stron selling, but right now I think is finishing and we can see a pullback to 330 area Entrance= 323.68 or above SL=315.38 TP= 330.00 Remember always using a stop loss!
There is still a wave of falls in the gold price here, and it will fall to 1970 today. Yesterday, I continued to short and made continuous profits. Now the key support level of 2000 has been broken, and it continues to be short below 2000. It is expected that 1995 will continue to enter the short order. I judge that the ultimate goal of this wave of short...
Gold reached the 2018 shock as expected yesterday and then fell back. In the afternoon, the market fell to the 2002 line. Although the market rebounded in the evening, the 2015 line above encountered resistance again. Subsequently, the market continued to fall sharply and adjust, falling below the 2000 integer mark, and falling to the 1985 line before it stopped...
The 2000 line was supported twice, this time it was going to break.There are too many data profits to rush up, and the main force will take advantage of the data to put the bulls on top.2000 points have support. Everyone can see this. Let me talk about it here. 2000 points will be broken. Trading strategy: gold 2008 short, stop loss 2015, target 1980 Next,...
The 2000 resistance line was supported twice. This time, the gold price was about to fall below the 2000 mark. Now the gold price has fallen below the mid-daily track, and the decline is accelerating. Trading straregy: gold: sell@2015 tp:1980 Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss...
Fundamental Overview Politicians, government officials, and central bankers in the United States have not been responsible with their use of the world's reserve currency. Instead of being financially wise, they have recklessly increased the amount of debt owed to other countries. These countries are starting to realize that they may not receive payment in...
Fundamental Overview Gold prices reached a peak of 2,048.14 per troy ounce after the US inflation data announcement. However, they are currently trading in the 2,025 range. The XAU/USD rose due to the 4.9% YoY increase in the US Consumer Price Index (CPI) in April, which was slightly lower than the expected 5%. Inflation remains high in the largest economy...
Fundamental Overview The price of gold is holding steady around the $2,020 mark, but it's not making any significant gains due to the strengthening of the US Dollar. Investors are eagerly waiting for the Consumer Price Index (CPI) data to be released on Wednesday, as it will have a significant impact on the US Federal Reserve's interest rate decisions. ...
Fundamental Overview The value of gold, specifically in relation to the US dollar, has slightly decreased after reaching an all-time high. This can be attributed to a temporary pause in the bullish trend, as investors wait for the release of the important US Nonfarm Payrolls data. The Fed has given an indication that they may halt their increase of interest...
We have made a profit of more than 300% for two consecutive weeks! Last week, gold rose to near 2050 under the stimulus of news from all parties. During the US market on Friday, it directly fell below 2000, a decline of more than 50 US dollars. The gold long signal given on Thursday was successfully profitable, and the short signal on Friday was also very...