Allen_Ex

Allen_Ex Updated 

The 30m chart has formed a head and shoulders, with support near 2363 and rebound resistance near 2383. If it does not break, go short. The 4h indicator on the trend is beneficial to shorts. This week, the focus is on short trading. The short-term target is around 2348-2333, and the final target is around 2304-2280.

Allen_Ex Updated 

The current gold 30m chart indicator shows signs of weakness, but the 2h chart currently has the advantage for bulls. Continue to pay attention to the resistance near 2392. If it cannot break through, the backtest support near 2383-2377 has a high probability. If it breaks through, the upper 2404-2416 range will be the short-term top. Friends who hold short...

Allen_Ex Updated 

The 4h chart shows that bulls currently have the advantage, but on the 30M chart, it is currently in the resistance range of 2396-2404. If it cannot break through, it will fall back to the 2384-2373 range. If the range support is effective, you can continue to go long and pay attention to the resistance of 2396-2404 again. If it breaks through, consider 2409-2416.

Allen_Ex Updated 

The 3h chart indicator has formed an obvious bear trend. In small-level trading, there is some rebound demand on the 30m chart, so the next focus is to focus on the resistance 2378-2383 during the rebound process. If it cannot break through, the short forces will be concentrated again, and it will inevitably fall back to around 2333, so if you can seize this...

Allen_Ex Updated 

The 30M chart indicator is biased towards the short side. Pay attention to the 2373-2361 support. If it does not fall below, you can go long. If it falls below, consider the 2352-2344 range.

Allen_Ex Updated 

Gold encountered resistance in the 2363-2373 range. In the small-level candle chart, the indicators began to show weakness. Focus on the support in the 2333-2326 range. If the support is effective, go long. Continue to focus on the resistance in the 2363-2376 range. On the 4h chart, it now faces the question of whether to form a head and shoulders pattern, the...

Allen_Ex Updated 

Support is around 63000-62000, and the small-level chart now shows that bears have a greater advantage, so the trading view is to go short first. If the support is effective, you can go long. If it falls below, look at the 60600-58800 range, with strong support around 57200. In the 4h chart, some indicators need to be repaired, so if it falls below 61,000,...

Allen_Ex Updated 

USOIL: Small-level indicators are beneficial to bulls, with resistance around 85.8-86.5. Trading is long first and then short, and the short target is 84.8-84. If the bulls are strong and break through 86.2-86.5, the top range of 86.9-87.5 will be considered.

Allen_Ex Updated 

Gold is so crazy today, it has not seen such violent fluctuations in a long time. Due to the sudden war news, it quickly broke through 2400. After reaching around 2430, it started a plummeting mode, with a drop of nearly $100. Maybe it's a coincidence, but we can't rule out that this is controlled by funds. Bulls are creating shipping opportunities....

Allen_Ex Updated 

There is still demand for a rebound, so you can go long first and observe the resistance. If you can't break through, go short.

Allen_Ex Updated 

BTCUSD: It is currently located near the resistance level, and the strong resistance is near 72400. According to the 30M chart, the transaction should be short first, pay attention to the support and strong support before conducting long transactions. In the 2H chart, the MACD indicator is biased towards the long side. You can choose to go long near the...

Allen_Ex Updated 

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,...

Allen_Ex Updated 

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...

Allen_Ex Updated 

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....

Allen_Ex Updated 

Yesterday, EIA was good for shorts. The market rebounded quickly after falling. It is now near the resistance level (86.3-86.8). The indicators show that shorts have the advantage, so the transaction can be sold in the resistance range first. The support is 85.6-85.2, which can be used as the TP level. If it falls below the support, look at the 84.4-83.3...

Allen_Ex Updated 

Gold is currently under pressure at the 2340-2344 first-line resistance. If it falls back, it will continue to observe the support near 2325-2318. If it can break through, there may be an opportunity to try the 2352-2362 high again. If it falls below the support, the 2313-2305 range will be considered. In terms of trading direction, I still prefer the idea of...

Allen_Ex Updated 

Today's NFP data is bearish for gold. After a rapid decline, it rebounded and reached a new high near 2330. The 30m chart has already diverged, and there is a need for repair. Therefore, after the market opens next week, the idea is to go short first and observe the support in the 2318-2312 range. If it falls below, consider around 2305, followed by around...

Allen_Ex Updated 

Under the influence of the news and people's concerns about the Federal Reserve's interest rate cut, gold rose crazily and reached the psychological level of 2350. At this position, it is impossible for me to conduct long transactions. I prefer to go short. Before it falls below 2300, my trading idea will remain high and short, and long orders will only be...