Gold’s recent rally accelerated last Friday, driven higher by weak US economic data, and the rally back towards a new all-time high has continued this week with the precious metal posting a $2,141.8/oz. peak yesterday. This left gold just $3 short of printing a new ATH. The technical outlook for gold remains positive and suggests that the precious metal will...
Today’s gold trading situation is as follows: 1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614 2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600 3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632 To be honest, gold first rebounded to 2392 today and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To be honest, the short-term...
Today’s gold trading situation is as follows: 1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696 2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228 3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769 Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have continued our 9-game winning streak in recent gold...
Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable gains! Today, gold has retreated to the 2365-2360 area many times. When the adjustment of gold is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the...
Dear friends, judging from the current overall trend of gold, it has become the norm for the market to fluctuate widely on a roller coaster, but there is still strong support below during the pullback. The short-term level has successfully built a double bottom structure, laying a solid support foundation for the bottom. According to the gold structure, there...
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, in the end the bears have the upper hand. The current lowest gold price has been around 2324. Of course, our short gold order around 2360 also successfully hit TP: 2349. We gained a lot of profits from this. At present, gold maintains a volatile...
Gold continued to fall after hitting an intraday high near 2372, with the lowest hitting around 2345. So far, although gold still has some rebound, it is difficult to continue its strength. Judging from the current market reaction, gold did not rise as strongly as before due to the surge in risk aversion over the weekend, but showed an inability to rebound. Then...
Dear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum near 2431, and then fell by $70, hitting a minimum near 2361. It's a crazy roller coaster ride. I think some people are happy and some are worried in today’s market! At present, there is no reliable technical reference for gold in the short term. As for why...
Today’s gold trading conditions are as follows: 1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708 2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609 Today in gold trading, I relied on the resistance area of 2340-2345 to short gold many times, and hit my expected target positions of 2328 and 2336 respectively.As of today, I have made more than FWB:12K in...
Dear friends, this morning we shorted gold at 2340, and successfully touched TP: 2328. This was our first win of the day and a huge profit! According to the current trend of gold, as gold fell below the rising trend line several times yesterday, the momentum of gold bulls has gradually declined. Gold currently maintains a volatile downward trend in the short...
Today’s gold trading conditions are as follows: 1.Xauusd:@2348-2350 Sell, TP:2338 Profit: + $1659 2.Xauusd:@2322-2320 Buy, TP:2335 Profit: + $4179 Around the time when the CPI data was released today, we shorted gold in the 2348-2350 area. After gold hit TP: 2338, I went long gold again in the 2322-2320 area, and gold hit TP again: 2335. Because CPI data will...
Today’s gold trading situation is as follows: 1.Xauusd: @2292-2294 Sell, TP:2292, Profit: +$564 2.Xauusd: @2295-2300 Sell, TP:2291 Profit: +$ 9318 Today is the fourth consecutive day of profit in this week's trading. The profit so far today is $9882, which is an increase in profit compared to yesterday's profit. I think it is very meaningful to be able to make a...
Last night, the price of gold broke through a new high again, reaching the 2287 line. As expected last night. Then it continued to fluctuate until the European market opened because prices were on the higher side. Gold made a technical repair after the start of the European session. The price of gold plummeted by about $20 from 2287. The current price is...
Today’s gold trading conditions are as follows: 1.Xauusd:@2178-2180 Sell, TP:2277 Profit: +$130 2.Xauusd:@2174-2176 Sell, SL:2277 Loss: -$1055 3.Xauusd:@2184-2186 Sell, TP:2277 Profit: +$1995 4.Xauusd:@2273-2275 Sell, TP:2268 Profit: +$2150 5.Xauusd:@2168-2166 Buy, TP:2273 Profit: +$2720 There was not much profit in gold trading today, only a...
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 the geopolitical conflict in the Middle East due to the Israeli air attack on the Iranian consulate, gold rose for a time and once again set a new historical high. The current maximum has reached around 2267. Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective,...
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...