Dollar currency Index took support on its D1 time frame, which is seems very strong and Gold accepted it supply zone from 2087 and now falling down. I am bearish on it. DYOR before taking trade.
It is now 19:30. As of now, gold has been fluctuating back and forth in the 2045-2030 area as a whole today. Gold is currently trading near the 2035 position. According to the current situation, although gold is supported near 2030, judging from the strength of the rebound,the bullish momentum of gold has gradually weakened, and today when gold touched the 2030...
It is actually not easy to participate in gold trading today, because after gold breaks through upward with the help of news, you also need to be careful of gold falling back at any time after the news is digested by the market.Therefore, at the current position, we cannot be too short on gold, nor too long on gold, which brings us a lot of difficulties in...
Today I gave a trading signal in the channel. You can short gold using the 1986-1988 area as the short-term resistance and set the TP to 1979. Obviously, after gold rebounded to around the 1987 position, it fell back to around the 1978 position again.It hit the TP I set perfectly. Congratulations to all the friends in the channel who followed the trading signals...
Before gold fell back, we had already made a short-term rebound profit today. Last night and today, I have been insisting on adding positions to long gold, and set TP: 1990. Today, gold rebounded to around 1995 in the short term, perfectly hitting my expected profit target. Gold is currently trading near the 1978 position. Judging from the current gold trend...
Today I gave a trading idea in the channel. We mainly focus on shorting gold. However, before shorting gold, we first went long gold in the 1992-1990 area, TP: 1996, and happened to hit 1996 during the partial rebound of gold, and we made a profit in gold trading. Gold continued to fall after falling below the 2000 level. Gold is currently trading near the...
Today I mainly gave two trading ideas in the channel: one is that if gold fails to fall below the 2020 position, then gold may rush higher again, so the first trading signal I announced today is to go long gold near the 2025-2026 position, TP: 2031; The second is that I have been on the channel for the last two days to remind everyone that the short-term...
I mainly gave you a trading idea in the channel today. At present, we are still mainly shorting gold at high levels. I will inform you to short gold near the 2030 position, and then continue to add positions to short gold near the 2035 position, and set the TP to 2023. Very Obviously, gold has just fallen back again after rebounding near the 2033 position and...
Reason Behind XAUUSD Sell Projection 1. Obey Strong Resistace @ 2071-80 & No other Technical Reason For Fall 2. Fundamentally Dxy make the retest the Weekly High @ 105 3. In DXY we founded the Bulllish Spinning Top which Makes the XAUUSD further Sell Overall Possible Outcomes XAUUSD SELL @ 2071-80 SL 2095-2100 TP 1 @ 2040 TP 2 @ 2010
Gold today twice hit the 2050 pressure level, after the first shock failed to return to near 2035, we choose to be long gold in this position, and successfully reached the target position 2045, after Powell's speech, gold once broke through the 2050 pressure level, and is now consolidating near 2056, next week we can observe whether gold stands firm 2050, Wait...
Today I gave you a trading idea in the channel, shorting gold with short-term resistance of 2045 and strong resistance of 2050. I shorted gold near 2042, 2045 and 2049 respectively, and set the TP to 2037. Gold fell back after hitting near 2050, reaching its lowest level near 2034. Obviously, my expected profit target of 2037 was perfectly hit in the short gold...
After yesterday's decline, it was the most complete step back after this rise. It stopped falling at the bull trend line and then fluctuated. The current trend has not completely changed, but the overall shape is more conducive to the short attack. Now it depends on whether the bear will seize this opportunity to fight back. For now, resistance is concentrated...
Today I gave you a clear trading idea in the channel, shorting gold with the 2046 position area as resistance. Before the release of the US initial jobless claims data today, I shorted gold near the 2039 and 2042 positions respectively. In order to avoid the gold market being swept up and down under the stimulus of the data after the data was released, I set a...
There are no exactly the same market conditions, but there are similar markets, so technical analysis was born. Never worry that there are no trading opportunities in the market. As long as the market exists, opportunities will exist, unless you lose all your money and have no way to participate in the next transaction. Otherwise, don’t be upset just because...
Hello everyone, I have some things to go out for these two days, so I haven't had time to update my trading ideas. But I still insist on trading every day and publish my trading ideas in the channel. In such extreme market conditions as gold, we still achieved relatively good returns. According to the current gold trend pattern, as long as gold remains above...
OANDA:XAUUSD finds itself trading into multi-month highs, looking to clear more topside space after climbing back over the $2,000 handle once more. Finding chart territory north of $2,000 has proven a challenge for Gold bidders after the XAU/USD dropped below the key level back in May, trading back into the year's lows near the $1,800 region. October saw the...
Unexpected events caused it to break through the resistance range and complete the conversion from resistance to support. Currently, 2012-2007 is already a support, 30m is beneficial to the bulls, and 1h has formed a top divergence, and there is a need for adjustment. The upper resistance is 2018-2022. The probability of directly breaking through it is low,...
Gold is ready to breakout its all time high soon. As the war between Israel and Palestine accelerate, we may see GOLD more higher. Better to look buying opportunity on it.