Dear friends, tomorrow will start a new week of trading journey! Let’s first summarize this week’s trading results. Personally, my overall profit this week was over $68K, which I feel is a very good trading result. Although I occasionally suffered losses in this week's transactions, I was able to seize 95% of the trading opportunities and successfully make...
Gold has once again created an all-time high, our main trade is still dominated by dips, focusing on the resistance below 2365, you can buy! Today's rally to near 2400 has not seen a significant pullback, and our trading is just a scalp! I will tell you the follow-up operation, if you want to follow me please join me!
Friends, what I have been suggesting in the past few days has been to go long at the right price. After the release of non-agricultural employment data, the price of gold was suppressed and there was a certain downward adjustment. However, the trend of gold prices is upward, so after the impact of the news, the gold price surged, and now the gold price remains...
As long as it stays above the 2320 point, it will make new highs. but there is an important 2265 point. As long as it makes new highs in LTF above these points, I take a long position. No Fear. Good Luck.
Dear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum near 2431, and then fell by $70, hitting a minimum near 2361. It's a crazy roller coaster ride. I think some people are happy and some are worried in today’s market! At present, there is no reliable technical reference for gold in the short term. As for why...
Dear friends, gold is crazy today. During the day, gold rose by $59 from around 2372, reaching a maximum of around 2431, and then fell by $70, with a minimum of around 2361. It's a crazy roller coaster ride. I think some people must be happy and some are worried in today's market! At present, there is no reliable technical reference for gold in the short term....
This is the 4h chart of gold. A simple analysis using the MACD indicator shows that it is currently close to a dead cross. At the same time, there has been a serious top divergence, and other indicators are also showing obvious weakness. In short, gold bulls are now in a situation where they are unable to continue. There are only two ways to accumulate power,...
Gold has risen again when the support is effective. Trading after a sharp rise like this is very simple. You can't go wrong by going short, because after a sharp rise, the indicators need to be repaired. So if you want to trade, just go short and just pay attention to the support levels. At present, the support is first around 2374, then around 2366, and then...
Gold has still reached the 2370 line. After the K-line fell back, it rose higher. This trend is of historical level. Next, we will continue to focus on long positions at low levels. A big positive line directly pierced the rhythm of the sky, and almost all rose rapidly. The moving average continued to rise vertically, and all K lines stabilized the moving...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Impulse Correction EXP FIAT as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Gold continues it's relentless bullish run and continues to print all time highs. Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted line would indicate pullback initiation but not confirm. Due to the bullish nature of the market and prices at all time highs, the...
XAUUSD started the week with the strong and continued bullish momentum which has been the case since last few weeks or months now. Currently we have two areas of entries as explained in the chart. Risk entry and Safe Entry take any which suits your risk management. Manage your capital always. Good Luck.
The United States expects Iran to launch an attack on Israel, but it will not be large enough to involve Washington in a war, a U.S. official said yesterday. As soon as this news came out, it once again had a great impact on the current financial market. Gold once again had room to surge and hit a new high. Although the US dollar also rose, it could not affect...
A follow up from the 15 year Cycle Gold is going through - Forget the news it's part of the cycle.
Today’s gold trading conditions are as follows: 1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708 2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609 In gold trading today, I repeatedly relied on the 2340-2345 resistance area to short gold, and hit my expected target positions of 2328 and 2336 respectively.So far today, I have made a profit of more than FWB:12K...
The CPI data released today was beneficial to gold shorts. Gold fell sharply and then quickly rebounded to around 2350. The resistance in this range is still very obvious. At the same time, the 4h chart shape is not friendly to bulls. In the 30m chart, it is temporarily beneficial to bulls. The focus is still on observing the resistance in the 2346-2354 range....
The U.S. Department of Labor's Bureau of Labor Statistics said on Wednesday that the consumer price index (CPI) rose 0.4% month-on-month in March, the same as February's increase. Gasoline prices rose 1.7% in March after rising 3.8% in February. Housing costs, including rent, rose 0.4%, the same increase as February. If Fed officials were leaning toward a rate...
Dear friends, this morning we shorted gold at 2340, and successfully touched TP: 2328. This was our first win of the day and a huge profit! According to the current trend of gold, as gold fell below the rising trend line several times yesterday, the momentum of gold bulls has gradually declined. Gold currently maintains a volatile downward trend in the short...