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.
Gold prices are about to cause a sharp correction. Be prepared to sell high
Gold's rise. I'm actually not surprised. Friends who follow me know that I have been bullish on gold since last week, as mentioned in my previous views. Gold is like a very strong bull
There are several reasons:
First, to put it simply, it is the rising risk aversion sentiment in the...
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...
The recent gold bulls super strong, directly topped the previous big pressure 2144 below, the highest reached 2141, the hour chart appeared in this position, the final daily line or close Yang, but the upper line is very long, indicating that 2141 is a short-term small top, today's ideas we are still bullish, short-term high repair shock, The current bears have...
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...
Yesterday, the golden day line gave three consecutive Yin pattern, while the price broke the bottom, the overall performance into a bullish trend in the sharp adjustment of the short trend, there is still a lot of space for the short!
Today's intraday price after a small adjustment, directly pierced the morning low 1947 line, and the rebound is weak, although the...
1 Gold analysis:
Yesterday, gold's daily line closed negative, and bottomed out, and the short-term trend turned from shock to bearish. Today the price continues to be suppressed below 1915, so the short-term performance is also weak.
2 Today’s trading plan:
Tonight, we will focus mainly on cpi data. The idea is divided into two steps:
If the data is greater...
Because I have been busy at home for two months, I have not helped my member trade this account. In the past few days, I have re-opened trading for it. Let us witness the growth of the profits of this account. You can see that the trading in the past week has been very good.
Perfect ending today
We made a total of three transactions today
1924-1918 sold
Profit of...
The golden weekly line gives a physical negative line, and the trend is still short. On Friday, gold tested 1930 for the second time and fell back. The daily line gave a longer upper shadow line, and short-term bears still have the upper hand. The bears will launch an attack on 1900 next week.
For short-term operations next Monday, focus on the two short...
At presentthe, fluctuation range of gold was not significant, The main strategy today is still to continue buying with support at 1830 and selecting appropriate entry points.
Shock stage,waiting for a breakthrough. Above the 1830 support in the morning, a small pullback can be directly used as an entry point for long positions. Breaking yesterday's high point...
