The market is always full of surprises, which increases uncertainty, but this is also the charm of the market. I believe that everyone has no objection to the bearish view of gold technology today, and it makes the bears uncomfortable, but since the overall position is still short, it is better to give a better point to go short. The gold US market data soared...
The VanEck Junior Gold Miners ETF (ticker: GDXJ) has entered a certain minefield here. Our short-trade target zone has already been dealt with and the corresponding high of the turquoise wave (ii) was placed accordingly within said zone. We are now anticipating further impulsive sell-action in accordance with the general bearish trend. If the bulls want to start...
It is recommended to go short around 1960, stop loss at 1965, and hold the target at 1950. For long orders, first look at the situation of 1950 support breakout. Contact me for specific trading signals
Gold prices continued to weigh on this week, and although they rose to highs in 1930-1935 this week, they were quickly pushed down again. After four trading days this week, gold has been volatile below 1938. This week's low was made at 1902, and the range that can be determined is between 1938 and 1902 at the moment. So far, the price has not broken through this...
The triple top on the gold weekly chart continues to suppress gold. The daily line is now a positive line, and it is not that kind of big positive line. For the time being, it can only be regarded as a rebound. This wave of gold daily market has gone through five waves of rise, and now it is a big C wave adjustment of ABC adjustment. Is wave C now over? The gold...
Looking at gold on the daily line, the relative strength index (RSI) fell to 40, reflecting a bearish bias in the near-term outlook. Gold may face strong resistance at 1940, which is the confluence of the downtrend line and the 100-day moving average. Looking at gold from the 4-hour line, with the relative strength index (RSI) line at 14 recovering from the...
Through analysis on Thursday, it is emphasized that gold needs to see weak shocks under the pressure of 1940. The actual highest is at midnight on Wednesday at 1938, and the highest throughout the day is almost around 1933 Therefore, it is impossible to give an effective homeopathic trading space, and the strength of the U.S. unemployment data cannot change the...
The gold adjustment is coming to an end, a new downtrend is about to start, the rebound relies on the pressure of 1950 to short, and the waterfall is about to appear! For the trend of gold, from the weekly level to the hourly chart, it has been analyzed countless times! Weekly triple top, historical top! The daily line fell all the way down. Although the current...
This morning we analyzed that the pressure line is around 1972. Our operation today is to short 1972. We have made huge profits. It is so simple to analyze and make profits correctly. If you don't know how to trade. Please see the link below.
Gold rose directly with marginal support yesterday Looking at the 4-hour cycle, the price of gold is still below the trend line. On Friday, the price of gold touched the downward trend line, and gold plummeted even more, putting pressure on it. It is easy to see that gold is now in a oscillating trend, because the high and low points extend horizontally, and the...
we see fast rejection 1982 2nd day reject 1983 market and initiating resistance means someone is resisting and initiating .in terms of candle stick all look same absorption it could be consolidation hence confusion lots of people use the words you know as through they mean the same thing ok they are not interchangeable words how ever consolidation is where the...
-- Gold technical analysis, how to operate today? - Gold from the daily line, technical indicators consolidation below the midline, close to oversold levels. The mildly bullish 100-day Simple Moving Average (SMA) is providing support at 1935.30, while the 20-day SMA is gaining downside strength at levels well above current gold prices. Gold on the 4-hour line...
Gold rebounded but 1950, continue to be short The current decline of gold is still the same, the rebound is not under pressure, and it will continue to make new lows after the shock! Relying on the key pressure position is short The current gold is undoubtedly still in a downward trend. On the 4-hour level, gold fluctuates all the way down! And it keeps...
I expect Precious Metals to rebound soon and for the miners to push higher going into the middle of the decade
Review of the gold market this week: The short position of gold continued this week, the highest hit 2022 under pressure, the lowest fell back to 1952, the volatility fell by 70 US dollars throughout the week, completed from Monday to Thursday, and began to rebound on Friday. The operation is mainly short-term, and it may usher in a breakout next week, so try to...
The golden week line showed the largest drop in the past 4 months, and the K-line showed a long neutral negative line, and the trend gradually turned to bearish. Looking at the daily line of gold, there is a positive line on Friday, but there is no pattern of yang enclosing yin. At the same time, the price is still suppressed below the MA5 and MA10 moving...
After several consecutive weeks of shocks, the center of gravity of gold moved down again this week, from 2030 to below 2000, and it is getting closer and closer to the 1980 support, and there will inevitably be a pullback. Signal accuracy 95% Friends in need can keep up gold: buy@1980-1985 tp1 1990 tp2 2000
The price of gold has continued to repeat. On Friday, the layout of 2022-24 was short and weak, and it has been patiently held. At the beginning of the week, it rebounded and continued to be short and short in 2021. The public thinking of the price during the day is very clear. The continuous decline in the price depends on whether the repetition can bear the...