Through the analysis of the hourly chart of crude oil, we know that the last trading day first rose, then fell and then rose again, forming a narrow concussion trend. Since crude oil rose from highs and fell back, it has been in the midst of a concussive adjustment. Last Friday, it was said that an adjustment is imminent. Once the heavy volume breaks through and...
At the end of the Asian market on Monday, spot gold accelerated its short-term decline, with gold prices falling towards the $1,920/ounce mark. It is difficult for gold prices to break through the $1929.00/ounce level, and currently shows a slight bearish trend. However, the Stochastic is starting to shed its negative momentum, waiting for the technical indicator...
In the European market on Thursday, supported by the Federal Reserve's hawkish remarks, the U.S. dollar index maintained a strong trend and was currently trading at around 105.50. Spot gold suddenly accelerated its short-term decline, and the price of gold is currently falling towards the $1,920/ounce mark. After the gold price successfully broke through 1945 US...
In the European market on Tuesday, spot gold maintained its intraday rebound trend, with the price of gold currently slightly above $1,935 per ounce. Upside risks to gold prices remain intact. Gold prices closed above the all-important 50-day moving average (DMA) of $1,932 an ounce on Monday, confirming a bullish reversal from three-week lows. Therefore, if gold...
On Monday, spot gold maintained its intraday rebound trend, with gold prices just touching the $1,930/ounce mark. The U.S. dollar index continues its intraday correction and is currently trading around 105.20. A weaker dollar is good for gold prices. Gold prices are currently showing more bullish tendencies and have reached $1929.00 per ounce, which supports the...
Crude oil fluctuated upward last week, with the lowest at 86.6 and the highest at 90.7. The weekly closed at 90.3. From the weekly perspective, oil prices will continue to rise. On the daily line, the price fluctuated upward. In summary, the operation ideas this week are mainly callbacks. During the day, The four-hour line fluctuates upward. The hourly line...
Crude oil continues to rise in the direction of the trend. Any intraday adjustment before reaching the new target of 91.50 is an opportunity to continue to be bullish in the short term. Of course, since the overall increase has been huge enough, the current space above is limited. Another one is in this round. It is the end of the rise, so it is not advisable to...
We have reminded more than once that in order to plunder global wealth and profits, the US dollar will not easily let any currency challenge the status of the US dollar. Gold is a commodity with monetary attributes. Gold is a tool for regulating the US dollar, not a substitute. Therefore, gold fluctuated and fell in the later period. , the authorities want to...
During the Asian market on Friday, spot gold suddenly surged in the short term. The price of gold just exceeded US$1,915 per ounce, setting a new intraday high. Gold prices also extended their rebound from Thursday's New York session. Spot gold hit an intraday low of $1,901 per ounce on Thursday, but gold prices subsequently rebounded and closed at around $1,910...
Inflation is showing signs of rebounding, and doubts about the Fed raising interest rates have arisen again! The price of gold plummeted close to 1900, and the transaction volume exceeded 800 million US dollars in one minute! See the opportunity and seize the opportunity. If you still don’t know how to operate, please join my private message space!
The overall trend of crude oil rose and fell back yesterday. After a slight rise, the bulls were unable to come out of the decline, but the bullish direction remained unchanged. After all, the bullish form on the daily line was good, and the moving averages were also arranged by bulls. If there is an unexpected second bottom, the bullish trend can continue. ....
Gold is currently mainly bearish and is currently hovering. Gold is short at 1913, stop loss at 1920, and target 1900-1890. If you still don't know how to operate, please come directly to my private message space to communicate with me.
The gold price decline index rose slightly. 1905 was the breakthrough, pointing directly to 1900-1890. The upside space is 1915, which is the pass, and the support point is 1925. Accurate market control can bring you closer to success.
Gold prices remain below $1,913.15 per ounce, and the negative effects of the head and shoulders bottom pattern are still in effect. Currently, we are waiting for the gold price to continue its bearish trend and aim at the first bearish target of US$1,890.00 per ounce. The lower gold price target is US$1,873.50 per ounce. From the 4-hour chart, the 50-period EMA...
The current price of gold is below $1912. On this trading day, after another round of backtracking of the 1925 line, it failed to move up and out of the decline. The 1930 line formed tomorrow's rebound resistance zone, and the momentum of this round of bullish backtracking was once again dampened. With the downward support line breaking, the market trend smoothly...
On Monday (September 11), the gold at the scene maintained a strong rebound within a day. The current transaction price of gold is close to $ 1925/ounce. The price of gold has previously fallen significantly after facing solid resistance at 1929.00 USD/ounce. It is worth noting that after the start of the transaction today, the price of gold began to rise and...
The price of gold failed to break through $1945.20 per ounce, and the price of gold fell back and fell below $1938.50 per ounce, which may put the price of gold under bearish pressure in the next few trading days. We noticed that gold prices have completed the construction of a double top pattern, and the first bearish target is to test $1929.00 per ounce; if it...
After a high level of crude oil, the crude oil has fallen into a high shock situation. At present, the suppression of the 87.5550 front line has been tested three times. After the end of the end of the week was unsuccessful, it fell again. The current price is near 86.30. In the case of significant suppression of high points, the long -headed rise encountered...