Today, gold jumped low, the lowest point was 1963, followed by a short time to rise to near 1972, the highest point was 1983. All day oscillating market, we all day between 1975-1980 dips, dips short, trading is mainly short-term operation, the overall profit is relatively good! If you are confused about trading, please join me, I believe you will have a great harvest!
Gold has experienced one rally after another this week: Fundamentals of the Palestinian-Israeli conflict, Thursday's Fed Powell speech Rising after continued technical correction There was no new breakthrough when it hit 2000 on Friday. Due to the fundamentals of the Palestinian-Israeli conflict, various countries continued to intervene, the U.S. economy...
Today I have given you two trading ideas, one is to short gold in the 1949-1951 area, and the other is to continue to short gold in the 1958-1960 area. After gold hit its highest level near 1962, gold fell directly to around 1938. Our gold short order made a perfect profit, and we also made a lot of profits. For the next gold trading, I think according to the...
The war between Israel and Palestine spreading fast and other countries are getting involved in it, which is much dangerous situation. In this regard people are converting their money into GOLD, that's the reason of bullishness in GOLD.
The Israeli-Palestinian conflict escalated sharply, and panic helped gold jump more than $60. At the same time, the Federal Reserve spoke, sending a heavy signal, or ending the pace of interest rate hikes. Next week brings the focus of the Fed's frequent speeches, especially whether Powell has brought surprising remarks. Next week watch for a continuation of the...
Reason For XAUUSD Bullish 1. Breakedout the Strong Trendline of 1920 and now readt For Retest 2. Decending Broadening Wedge Pattern Continued and make the swing High as Traget 2074 3. Bulllish Flag Pattern Makes the futher Buy Movement with swing Low as sl 1880 and to 1980 4. Due to Isreal Palestine Issue the GOLD expected Emerge Movement Overall Possible...
Due to the war between Israel and Palastine, Gold rise much on Friday. If this continue (War) then Gold will fly more.
today is Friday,I would like to remind everyone that as the weekend is approaching, the market is worried about news of geopolitical conflicts within two days of the weekend, which has led to rising market risk aversion, stimulating strong buying of gold, with gold rising to a maximum of around 1919. I informed everyone to go long gold near 1890 and 1900....
The day will focus on the United States September import price index monthly rate, the United States October one-year inflation expectations, the United States October University of Michigan consumer confidence index preliminary value, according to yesterday's data performance, the evening data will be biased towards bearish gold prices, coupled with 2023 FOMC...
Today I tell you in advance that the short-term resistance of gold is in the 1885-1890 area, so I remind everyone not to continue to be long gold above 1880. In addition, before the CPI data was released, I informed everyone to short gold from 1883-1885. If gold rises to the 1888-1890 area, we will increase our positions to short gold. Obviously, the market did...
Earlier, we have indicated that gold will start the upward mode this week, and today's profit has reached 17 points. At present, gold maintains a strong intra-day rise, and now the gold price is consolidating above 1870, and the above is concerned about the suppression of 1880. If you are confused about trading, please join me, I believe you will have a great harvest!
As we all knows GOLD has a gap below at 1830 and market will come down to fill it. It will be better to look selling opportunity at every resistance or on every high volume.
Due to the dovish remarks of the Federal Reserve and geopolitical conflicts, gold rose further. After hitting a low of around 1853 overnight, it rebounded again and has now reached a high of around 1870. According to the current structural trend of gold, if gold breaks the $10 fluctuation range in the past two days, gold may maintain its upward trend for the time...
Gold jumps $30 as Fed downplays rate hike. The Israeli-Palestinian conflict continues to escalate and is expected to expand, and the sense of panic continues to rise. At the same time, the Federal Reserve again downplayed expectations of interest rate hikes, and the dollar ushered in a sharp retreat. Gold extended to a new high of 1865 today after yesterday's...
The trading ideas I gave you today are still mainly about long gold at low levels, and I remind you that today we mainly focus on the short-term support position to do long gold. The first support position we focus on is the 1853-1851 area, followed by 1847-1845 area.We could consider going long gold around this support area. At present, gold has fallen back...
Affected by the Palestinian-Israeli conflict over the weekend, the gold price soared today, once rising to 1850, and the market fluctuated throughout the day, in addition to the multiple orders on Friday, we also gained nearly 10 points of profit. If you are confused about trading, please join me, I believe you will have a great harvest!
Im seeing bearish momentum on XAUUSD (GOLD). It will be better to look sell opportunity on it.
The GOLD market is on its major support line and also on weekly support which is giving us much bullish signs. I am looking for buying opportunity on it in next week. Every support on H4 and H1 time frame is best time to buy GOLD.