In the early Asian session on Monday (September 9), spot gold fluctuated in a narrow range and is currently trading around 2496. Gold prices rose and fell last Friday, as the number of new non-agricultural jobs fell short of expectations. Gold prices once hit a three-week high of around $2529.06 per ounce, approaching the historical high, but soon gave up the...
Gold is currently priced at 2497 in the morning, so go short directly!
Gold fell sharply at a high level last Friday, and the rebound of gold was not strong. Gold continued to build a high top, and the rebound was an opportunity to go short; Gold is currently priced at 2497 in the morning, so go short directly!
Gold has a multiple top structure at a high level...
We have always emphasized that if gold does not break the new high, it is short. Gold maintains the idea of shorting today. Gold finally fell as expected. Gold has a bumper harvest overall. Gold fell sharply from a high position. The profit was 56K and the position was closed.
Gold has multiple top structures in 4 hours. The 4-hour moving average of gold is...
GOLD is trading in an
Uptrend and the price
Is likely to make a local
Retest of the horizontal
Support of 2497.26$ but
From there we will be
Expecting a rebound and
A further move up to
Retest the resistance of 2530$ !
Gold is approaching a record high again. Will it break through tonight with the help of non-farm payrolls?
The August US non-farm payrolls report will be released at 20:30 tonight. This report will directly determine whether the Fed will cut interest rates by 25 basis points or 50 basis points in the September interest rate decision, and will also directly reveal...
Spot gold fluctuated in a narrow range in Asian trading on Friday (September 6), currently trading around 2520, holding on to most of its overnight gains. Gold prices rose to a near one-week high on Thursday as the dollar weakened and yields fell. Earlier signs of a loss of momentum in the labor market led investors to expect the Federal Reserve to make a...
Analysis from the 4-hour chart shows that the triple top pattern has been formed. Gold has too much upward pressure. The data is mixed.
Short-term strategy
2518 short stop loss 2525 target 2500
Gold lacks direction in high-range wash
Yesterday's gold trend once again proved that it is in a high-range oscillation pattern.
As we imagined, gold first fell to test around 2472 and then received buying support, starting a rebound rhythm.
The overnight US July job vacancy report dropped sharply, stimulating gold to continue to rise to test around 2500, and...
1: US debt. Since 2022, out of concern about US debt, central banks around the world have chosen to increase their gold holdings to balance the structure of foreign exchange reserves. In the past two years, the amount of gold purchased has doubled, and the scale is still expanding.
2: The Federal Reserve cut interest rates. After the interest rate cut, more US...
9.4 Two consecutive profitable orders
Gold 1-hour oscillating downward trend, gold rebound high points successively lower, gold 1-hour moving average dead cross short diverge downward, moving average resistance now moves down to around 2495. Gold rebounded around 2493 in the afternoon, you can continue to short
1: Fundamentals, the market is waiting for data, and the trend of waiting for data is very obvious. The Asian market is basically dominated by fluctuations; waiting for European market data, because the data will wash the market, and pierce, the trend of hitting stop loss makes the account and trading very difficult;
We can only wait for the data for 1-2 hours to...
Gold 2480 broke as expected.
The US dollar rose 0.26% during the week, hitting a two-week high of 101.9. Affected by the surge in the US dollar index, the price of gold hit a new low of more than a week to around 2473 yesterday. However, the poor performance of the US ISM manufacturing PMI data dragged down the US bond yields, providing support for the gold...
The U.S. market broke the bottom and reversed, with three negative daily lines, and the price completely broke the short-term 5-day and 10-day moving averages.
2490 did not hold, but this decline was not restless either.
1. They all fell first in the Asian market.
2. The European market is still rebounding and rising, forming an illusion of support.
3. The...
At the beginning of the Asian session on Tuesday (September 3), spot gold 4 hovered below the 2500 mark and is currently trading around 2495 US dollars per ounce. Due to the strengthening of the US dollar, the price of gold fell to the lowest point in more than a week near 2489 on Monday, but then rebounded to around 2507 yuan and closed at 2499, with a small...
Gold fluctuates to welcome non-farm payrolls
Gold fell in the Asian session on Monday, rebounded in the European session in the afternoon, rebounded slightly in the US session in the evening, closed early in the morning, and finally made profits twice. The daily line closed with a small cross Yin pattern. The daily line has been mainly oscillating in recent...
Gold fluctuates, short-term bullish ideas remain unchanged
Today is currently successful. Due to the Labor Day in the United States, the market fluctuates in the range of 2490-2508. Go long in the morning and leave with a profit of 4 points. In terms of trend, the overall trend is still short-term bullish. After falling back, it stands on 2500 again. Bulls are...
