Allen_Ex

Allen_Ex Updated 

As of today, gold has not fluctuated much, and the resistance is mainly concentrated near 2336. From the chart, there are signs of head and shoulders. If formed, the next low point should be around 2312-2307. In terms of trading ideas, maintain low longs for the time being. What needs to be paid attention to at present is the support of the range of 2321-2317,...

Allen_Ex Updated 

Gold rose sharply yesterday, breaking through the 2352 resistance in one fell swoop, and is currently located near 2360. The chart is now entering the triangle consolidation stage. After the price breaks through 2352 and stabilizes above it, the resistance has turned into support. Then in the next consolidation stage, the first support to focus on is the area...

Allen_Ex Updated 

Gold found short-term support near 2300 and rebounded again. It is currently around 2330. The large-scale indicators show that the bullish force has not been fully released. There is a high probability that there will be another wave of upward market in the US market today or early next week. The strong resistance will be mainly concentrated around 2352. At that...

Allen_Ex Updated 

From yesterday to now, the fluctuation of gold is not large. From the shape point of view, it is still in the repair stage. Therefore, before reaching around 2330, try to trade mainly in low-level long positions and wait for the price to reach above 2330. After the indicator is repaired, the probability of returning to the short trend is relatively high. At...

Allen_Ex Updated 

After yesterday's rise, the divergence of the gold indicator has been repaired. Today, it fell again and is currently near the small-level support. There is a rebound demand, and the resistance is near 2340. In the big trend, the shorts have more advantages. 2368 is still a strong resistance. Before that, 2352-2363 is an important resistance. In terms of...

Allen_Ex Updated 

Gold successfully touched the resistance near 2368-2373 today. The current small level is retesting the support range of 2363-2352. There should be another rebound at that time. The resistance area to focus on first is still 2368-2373, followed by 2378-2383. The bullish target has been achieved, and the next focus will be the bearish target area of ...

Allen_Ex

The gold small-level trend indicator has formed a bullish trend. Before the US market, the main trend is long. Today's important resistance is still around 2368. The unemployment benefit data to be released during the US market is expected to be favorable to gold bulls. In addition, there is a choice of direction in the market at present, so the volatility...

Allen_Ex Updated 

In the past day, gold reached a high of around 2364, just one step away from the resistance. Today's focus is still on whether the resistance is broken or not. Judging from the current market situation, I still want to try the resistance. It depends on whether I can accumulate enough bullish power in the 2347-2334 range during the backtest. If I can, then...

Allen_Ex

Gold currently continues to focus on the resistance near 2368, which is the focus of the current trend shift, so if you are trading in the general trend, this position cannot be ignored. If it cannot break through 2368, bulls may counterattack at any time, so the risk of going long at a low level is relatively small. But once it breaks through 2368, you need...

Allen_Ex

Gold began to rebound after falling to near the starting point of this rise. Now it is approaching the resistance level, the indicators have begun to weaken, and it is facing another direction choice. If it breaks through, there will be a large rise, followed by a downward trend. If it cannot break through and falls back first, it means there is another chance...

Allen_Ex

The current shape of gold is similar to the head and shoulders. Analyzing the shape combined with indicators, there is a high probability that it will rise first and try resistance. Therefore, the trading strategy continues to be long first and then short, focusing on the 2358-2369 range. If a head and shoulders are formed, a decline to 2280 is inevitable. At...

Allen_Ex

Gold continues to fall. It has dropped nearly 60$ from 2410 to now. The current main support is around 2352. The trading is long first and then short. On the rebound, focus on the resistance near 2378. There is data today, please pay attention to risk control when trading during U.S. market time. Friends who want to follow my trading data, please contact me in advance.

Allen_Ex

After falling below the support, it fell rapidly. It has now reached the support platform and the rebound resistance is near 2400. The probability of a direct rise is unlikely, so we continue to focus on shorting after the rebound. The lower support first focuses on the vicinity of 2378.

Allen_Ex

The price is close to the support and is currently rebounding after a decline. The focus today is to observe whether the support is effective and whether the small-level resistance can be broken. Before that, trade around the 2400-2427 range. If the resistance cannot be broken through and falls below the support, then the short-term rise will be over, and the...

Allen_Ex Updated 

Gold has reached a new all-time high, and the power of the bulls has not yet been completely exhausted. Usually, after a new high, there will be some resistance to the rise. However, judging from the current trend, if the support is effective, it is likely to reach a new high. The difficulty of transactions will increase as volatility intensifies in the near...

Allen_Ex Updated 

Pay attention to the strong resistance near 2392-2403. There is a high probability of stepping back to support.

Allen_Ex

Gold focuses on observing the support near 2358. If it falls below, there is a high probability that a double top pattern will appear, and the price will return to the 2347-2333 range again. When it cannot break the 2347-2353 resistance, the next space will be the 2318-2307 range.

Allen_Ex Updated 

The current chart pattern of the large level (4h) is in a short trend. After the small level has fallen, there is a rebound demand, so this week's trading focus is mainly on short selling after the rebound. Friends who want to catch the rebound market should pay attention to risk control and it is best not to be too greedy! The short target will first look at...