Gold is currently facing resistance at key levels, making it challenging for prices to push higher. Factors such as a strong US dollar, rising interest rates, easing geopolitical tensions, and bearish technical indicators have all contributed to the pressure. While the long-term outlook for gold remains positive, the current resistance zone suggests that the metal...
After gold set a new all-time high of 2222 last Thursday, it reversed and fell. This wave of excellent top opportunities, we predicted in advance and perfectly executed the big top short order of 2205-2210. Last Friday, the short order at 2185 and the short order at 2178 both participated in a sharp drop and took profit at 2160. The current gold structure is a...
In addition to the Federal Reserve downplaying interest rate hike expectations and improving economic data, the recent rise in the U.S. dollar has also been fueled by the weak declines in the non-U.S. euro and the pound. Raising and lowering interest rates have become the trigger for global currency depreciation. The Federal Reserve still hints at a dilemma. If...
During the European trading session on Tuesday (April 23), gold continued its downward trend from the previous day. Spot gold remained volatile after falling sharply in the Asian session, falling to an intraday low of $2,295.49 per ounce. As concerns about conflicts in the Middle East have eased, boosting investor risk appetite and reducing safe-haven demand for...
I believe that the price of gold will rise in the short term due to economic uncertainty, but will eventually fall as the economy stabilizes and risk appetite increases. Entry: 2353.13 SL: up first wait for entry after price comes back down to entry 2353.134 then SL will be 2356.44 Target: 2333.81 like share and comment TradeGod out #signal #daytrading...
On Wednesday (April 10), the latest data showed that a measure of U.S. underlying inflation exceeded expectations for a third consecutive month, indicating that continued price pressures may delay the Federal Reserve's interest rate cuts until later this year. The U.S. non-seasonally adjusted CPI annual rate in March recorded 3.5%, higher than the expected 3.4%...
Concerns caused by the Russia-Ukraine conflict and the situation in the Middle East have subsided slightly, while hawkish speeches by Federal Reserve officials have slightly dampened expectations for an interest rate cut by the Federal Reserve in June, causing gold bulls to retreat. Regarding last week's rally, Phillip Streible, chief market strategist at Blue...
In early trading in the European market on Tuesday (April 9), the U.S. dollar index was basically stable, currently around 104.20; spot gold rose rapidly in the short term, with the gold price currently around $2,359 per ounce, rising by more than $20 during the day. It implies that market sentiment is bullish. The upcoming release of U.S. Consumer Price Index...
Gold has encountered non-agricultural data again. Will the market change today? Gold has been rising recently, and the bulls have been overcoming obstacles all the way. It is unstoppable and has exceeded 2300. Can gold go higher? Can the non-agricultural sector see a change? Gold rose again last night and fell back. It failed to stand above 2300 twice....
The current price of gold on 3.27 is 2195, which is directly short! No need to say more, come and eat meat with me! “Control risks and make perfect transactions!” Gold has surged higher and fallen back several times. In the short term, short sellers have the upper hand. If gold rebounds today, it will be short. The current price of gold is 2195, which is directly...
Gold trend analysis 1. Moving average group: After the 1-hour short-term moving average group has experienced contraction-penetration-pullback, the current short-term moving average group and long-term moving average group are diverging upward again, forming a secondary reversal but not a reversal breakthrough. It shows that the downward trend of the short-term...
We have previously predicted that gold will definitely reach 2300 points this week. We have been long all the way, long at 2249, long at 2250, long at 2256, long at 2272. All K-lines have taken profits at 2300 points, and they have accurately reached 2300 points. , is there any other person on this platform who is as accurate as this? The golden four-hour...
Yesterday, the gold price surged higher and fell back. After a short-term rise, it fell below the daily opening price. Technically, it can be judged that the gap support in the 2233-2236 area has been released. The short-term downward support of the gold price has gradually weakened, and it is bound to continue to drop during the day. , after five consecutive...
Simple trading: Fibb on impulse We look to sell gold for a correction. This isn't a trend reversal, just a pull back. Let's take advantage of a potential sell. Key support areas: 1. Daily support (grey line) 2. Fibb .382 3. Fibb .5 4. Fibb .618 SELL Confirmations: 1. No high higher 2. Weekly Res Confirmed 3. Triangle Break and retest
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own. There is no news impact on gold today. Regarding the trend, I think it is still possible to buy at low levels and sell at high levels. The 1980-1984 range is a good selling point. 1974-1970 is a good buying position. If there is no suitable trading...
This is a risky analysis and my expectations are very low But I wanted to share with you