The decline in gold remains, 1930 short! The current short-term gold has gained support and rebounded, but has the decline changed? not at all! It can be seen from the hourly chart that even though the market took a strong backlash on Friday, the final rebound did not break through the suppression of the long-term moving average, and it was still a bearish...
If gold rebounds first within the day and sees around 45, it can be shorted, and the target below is around 25-15 Gold started to fall in the early days of the U.S. market yesterday, and the price of gold directly returned to the previous low of around 30. This position will continue to test the short-term support effect of the bulls However, from the current...
Gold's rapid rise once again presents a short selling opportunity Gold trading signals: Gold sell@1950-1955 TP: 1940-1930 The shark trading team will provide a lot of trading strategies every day and provide a lot of management services to make your trading easier and achieve stable income!
On the hourly chart, the price of gold may fall below $1,951 in the short term, and is expected to further drop to $1,941, which are the 38.2% Fibonacci retracement and 61.8% Fibonacci retracement of the upward range from $1,925 to $1,968 stalls. The international gold price fell slightly under the pressure of the rebound of the US dollar, and the short-term view...
The market CPI is bullish tonight. It did not continue to rise and break through, but fell back to the low point of yesterday. In fact, it is still in the shock range of 1970-1940. Can we continue to try more today? I think it's worth giving it a try. So I think: Bold investors 1952-1950 light positions and long positions Steady investors participated in the long...
We have always emphasized that gold was short in 1970, and all trading plans were profitable, but there were still many losses in their own trading longs, and there will be a long plan to help you recover the loss of your account. Trading plan: Gold buy@1930-1935 TP: 1945-1950 The shark trading team will provide a lot of trading strategies every day and...
Recently, central banks have been instrumental in supporting the value of gold. Their interest in purchasing precious metals has reached new heights, playing a major role in stabilizing gold prices. Despite this, the US Federal Reserve continues to hold a significant position in the gold market, and many anticipate an increase in gold prices once the current...
The gold market is currently waiting for two important announcements - the decision to raise interest rates by the US Federal Reserve (Fed) and the CPI inflation index report. Normally, an increase in CPI leads to a rise in gold prices, but this time it's different. A rise in CPI indicates that the Fed will continue to raise interest rates to control inflation,...
Summary of the week: The signal accuracy rate is 100% for two consecutive weeks, and once again led my vip friends to reap huge profits! This week's disappointing employment data in Canada showed a sharp decline in employment and no prospect of a 50 basis point rate hike in July. The Ukrainian counteroffensive began, and the situation was tense again. Gold...
The expected targets based on the volume indicator are shown on the chart Anyway, we expect a downward movement in the gold chart and the expected target with high confidence is around 1830.
Gold prices look set to finish the week higher and yet the move can be described as anything but convincing. The precious metal fluctuated between the $1940-$1970 handles for the majority of the week as continued repricing of rate hike probabilities for the US Federal Reserve weighed on Golds attempted recovery. OANDA:XAUUSD
Just an idea going into the week. Disclaimer Forex trading involves a high level of risk and may not be suitable for all investors. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. You should be aware of the possibility of losing some or all of your initial investment and therefore...
Gold prices have slightly rebounded due to a weaker dollar following an increase in Americans filing for unemployment benefits. The US Federal Reserve is expected to continue increasing interest rates, and the upcoming inflation data may impact future decisions. The immediate upside hurdle for gold is around $1969 the odds of witnessing a rally towards the...
On Friday, the gold and metals markets remained stable and were expected to experience a second week of growth. This was due to the dollar weakening and predictions that the Federal Reserve would halt its rate hike cycle. The yellow metal had its highest intraday gain in two weeks on Thursday, reaching the highest end of a trading range seen since mid-May due to...
The gold remains indecisive on a weekly basis as the markets struggle for clear directions amid the pre-Fed blackout and mixed feelings about global growth concerns. The US dollar failed to take advantage of the previous day's gains and has become a significant support for gold prices. However, gold's progress may be limited due to uncertainty about the Federal...
In the daily strategy, I constantly update and prompt, 1965-1970 must go short, if you follow my strategy, congratulations, the profit belongs to you, I will make a lot of trading plans every day to help you, if you find me, congratulations, found the treasure. If your current trading is not going well, please make the right choice as soon as possible to avoid...
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...
On Monday, there was a slight dip in the price of gold due to uncertainty surrounding the Federal Reserve's decision on its benchmark later this month. This drop followed the release of stronger-than-expected Nonfarm data for May, which suggests a more hawkish outlook for the Fed and could lead to higher interest rates for longer. As a result, non-yielding...