Gold tested the 1940 support downwards yesterday, and after judging the overall downtrend, any rebound is an opportunity to short, so our trading strategy today continues to choose to short high Gold Trading Strategies: gold:sell@1955-1960 tp1945-1940 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd....
There is no completely consistent market, but there are always similar fluctuations. This is the gold 1H chart. In the picture, I marked 4 M patterns. No. 3 is similar to No. 1, and No. 4 will be similar to No. 2. In order to form the No. 4 pattern, tomorrow's data needs to be beneficial to the bulls. Only in this way can gold have a chance to return to around...
When the dust settles, the Fed is set to continue raising rates If the Federal Reserve meeting were held today, the current uncertainty surrounding banks would prompt them to keep rates unchanged. However, in the ever-changing world of markets, a lot can happen in just one week. If the upcoming weekend remains calm and without any need to rescue banks, there is...
The current price of gold is directly short in 1980, and it is short today. Anything is possible this Friday. The market is to break everyone's cognition and benefit a small number of people. The neckline was tested yesterday, the support was effective, and it rebounded strongly. Now the price of gold has once again come to a new pressure level, which is the...
Although gold rose again, but did not break through the pressure position of 1985, the rebound was blocked, short-term there is a pullback demand, it seems that the top of gold has formed, relying on the pressure of 1985 to short bearish, below the support 1960 line! Personal trading strategies gold:sell@1982-1985 tp1973-1970 Next, I will continue to...
The economy is showing signs of improvement, with the USD still on the rise. However, tensions of war are on the increase. If the conflict intensifies, Gold is likely to see a surge in demand due to its traditional role as a safe haven for investors. This could lead to price conflicts and a time of heightened market volatility. Experts predict a decline in gold...
Due to the market's broad optimism about the US debt ceiling agreement, coupled with the Fed's interest rate hike expectations being digested, the US dollar index first rose and then fell, if the debt ceiling crisis completely landed, it will release a signal to the market, and the dollar's safe-haven function may decline. However, in the short and medium term,...
Here we are looking at GOLD on the Weekly TF… As you can see, GOLD just got rejected for the third time from the $2,080 level. When completely zoomed out, you can see that GOLD is trading in a massive bull flag, or in the handle of an even bigger cup and handle pattern. If GOLD can consolidate and build up the power to break through this strong resistance, it...
Gold is currently at the bottom of the uptrend channel, gold is reacting nicely off my area of interest. there are multiple confluences for gold to move higher and break ATH
US Dollar eases from recent peaks near 104.40 If the Federal Reserve meeting were to take place today, it is likely that the interest rates would remain unchanged due to the current uncertainty surrounding banks. However, the markets can change significantly within a week. If the upcoming weekend remains peaceful with no urgent need to rescue any banks, there is...
Gold has been short recently, although there is a rebound in the gold process, but in the end it is still constantly making new lows, and each rebound is to give a better opportunity to short. Recently, it should also make everyone feel the charm of the trend, for the bears, each rebound is an opportunity to dry short, for the bulls, probably every time there...
Yesterday's gold strategy, my friends all got a lot of profits. At present, gold has remained stable from 1950 to 1955. We need to focus on the PCE data. This is an inflation data that the Fed likes very much. It will affect whether to raise interest rates in June. At present, it seems that there may not be a good trading position between 1950-1955. Although...
In the past week, I believe that my friends have made very large profits from following my trading signals. I have given everyone a clear trading strategy and accurate trading opportunities in every trading day. At the beginning of this week, I analyzed that gold rose to the resistance level above 1980 last Friday, leaving a lot of short-selling opportunities...
Two of the strongest months for gold tend to be January and August. However, over the last 25 years, the weakest month for gold has been March. The early bounce in gold around the turn of the month has largely been on a retracement in the USD and yields after heavy re-pricing on Fed rates. However, the outlook moving forward for gold is likely to continue to...
I anticipate a 20% movement in gold miners in the upcoming weeks, following its breakthrough of a resistance level which now serves as a support level. Additionally, silver has broken and found support in above a channel , indicating a potential bullish swing in gold. Once gold closes above its declining trend line, which I expect to happen, it may accelerate...
Gold is currently displaying bullish behavior, but a correction is expected in the coming days, presenting a favorable chance to buy. If gold's value drops to approximately 2030 or 2013, it would provide an ideal opportunity to buy as these levels have confluences. Additionally, gold miners are also demonstrating bullish behavior, indicating a potential surge in...
Gold presents a few Confluences for long positions upon retesting the decline trend line. My expectation is that gold will touch 2003.99 twice, which is where I plan to add another position. Regarding GDX "Gold miners," the fact that it only closed down -0.81% while gold closed -1.66% suggests that gold's sell-off will likely be brief, and the market should...
The U.S. debt ceiling negotiator said that there are no plans for debt ceiling negotiators to meet today. The Federal Reserve also said that it may have reached or is close to the point in time to suspend interest rate increases. The market is concerned that the U.S. government is facing the problem of being unable to repay its debts, which has triggered a...