Hi, according to my analysis of the gold market. There is a high probability of a downside breakout as the uptrend is broken. And re-test it. While also being a very powerful model, the double botton. But the biggest confirmation is the engulfing candle that formed on the daily time frame a few days ago .Note: If you like this analysis, please give your...
Gold is currently in a revised market after a sharp drop. It is currently trading near 1981, but the overall rhythm is still in a short trend. At present, gold is running in a small area. Don't directly chase short or rise in trading. 1.Below, first pay attention to the support near 1970, and if you effectively break below the 1970 support, you will see the...
Hi trader, i want to send you some useful information 🍀 The US economy's decline and subsequent fall back into the global pack could potentially cause an historic re-pricing of the US dollar, but such an event may not happen soon. Currently, the US dollar is experiencing an upward trend in its price, which could be the beginning of another significant increase....
We have made a profit of more than 300% for two consecutive weeks, and we have completed the target profit of 500% this week. We plan to make a minimum profit of 60% tomorrow. If you are still losing money or don't know how to trade, then you should follow me! Gold is currently in a critical position. 2015-2018 is the dividing line between short-term long and...
We have made a profit of more than 300% for two consecutive weeks!This week's 500% target has been completed, and it is expected that another 100% profit will be obtained before the market closes tomorrow! If you are trading following my signal, then congratulations, you have discovered the treasure! Today, after gold was supported near 1990-1993, the Asian...
1. Do not rely on luck alone in gold investment When you make profits frequently, don’t be careless. You must make an investment plan for each operation, and do a good job of technical analysis to grasp the entry and exit points. If you lose 2,000 U.S. dollars in one investment, you can make a profit of 3,000 U.S. dollars in another investment. USD, although the...
Hello trader, Have a nice day, stop for a moment and take a look at the important information ✅ Fundamental Overview: On Wednesday, financial markets began with a preference for low-risk investments, leading to an increase in demand for the US Dollar in the foreign exchange market. The price of XAU/USD dropped to 1,969.20, which is the lowest it has been in...
Hello traders, the gold market is in a negative state. According to my analysis of the gold market, the market has broken the double bottom pattern. It also broke the uptrend. There is more decline in the coming days. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like...
Welcome . According to my analysis of the gold market, there is a high possibility of a rise today. With a re-test of the descending triangle pattern. And a strong correction on the golden ratio of Fibonacci 61%. This correction also came on a bullish flag trand. 2020 levels can be seen. And level 2030 in the second stage .Note: If you like this analysis,...
Hi, the gold market is in a very positive state. with the channel ascending upwards. And the strong correction of this wave on the golden ratio of Fibonacci 61%. Also, a very positive green candle formed on the H4 chart, and this candle came in a very strong support area, from which gold bounced previously .Note: If you like this analysis, please give your...
Yesterday, gold continued to fall as scheduled, and the recovery of the dollar index also helped gold bears release momentum. Judging from the current daily K-line pattern and technical indicators will continue to release the pressure of the previous top divergence, there will be a possibility of a continued pullback in gold in the short term.Judging from the...
The basic outlook for gold: continue to pay attention to the performance of the US economy On Monday (April 17), as the U.S. dollar and U.S. bond yields continued to rise, gold prices fell further.The U.S. dollar closed up 0.51% yesterday, and the 10-year and 2-year yields on U.S. bonds rose 8 and 9 basis points, respectively. Part of the reason for the rebound...
We have made a profit of more than 300% for two consecutive weeks! Last week, gold rose to near 2050 under the stimulus of news from all parties. During the US market on Friday, it directly fell below 2000, a decline of more than 50 US dollars. The gold long signal given on Thursday was successfully profitable, and the short signal on Friday was also very...
In the Gold 1h chart, the resistance is located near 2042, and the support is near 2036, 2025, and 2013. If the European market cannot break through the resistance, the gold price will probably go down and the support will be backtested. Therefore, today's trading is mainly short-selling at high levels, focusing on the support near 2025 and the resistance near...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ According to the forecast, the real yields are expected to remain negative in the second quarter of 2023, which will have a positive impact...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️ In the US, weaker PPI figures and an increase in jobless claims have led to a boost in stocks during the afternoon. This has resulted in the market hoping for more negative news to influence the Fed to pause beyond the next meeting. However, the...
At present, gold is higher for the third consecutive trading day. Because yesterday's US CPI data well supported the expectation that the Fed's interest rate hike cycle may be nearing its end, the decline in US Treasury yields and the weakening of the US dollar have supported gold prices. Although gold prices have been supported to rise, intraday technical signals...
The 30M moving average support of gold is located near 2015, the 60M moving average support is located near 2008, the 1D moving average pattern is arranged in a long head, and MA5 and MA10 are located near 2010-2004.From a morphological point of view, today's high probability is to break through the previous high near 2031, and trading should be mainly...