Yesterday, gold continued its recent extremely weak momentum and fluctuated downwards to break through the bottom. It opened at yesterday's highest point of 1915 and continued to fluctuate and fall back down. In the evening, it accelerated downward and broke through the 1900 mark to close at yesterday's lowest price. The gold market may not be able to change in...
Yesterday, gold, as we expected, came under pressure after rebounding. Get out of the situation of breaking the position and falling sharply. The gold market rebounded upward throughout the day yesterday, but did not achieve a substantial breakthrough. Gold prices are already near last week's lows, facing pressure from a stronger dollar and rising U.S. Treasury...
There is no major news and data released in the gold market this week. Our main trading ideas still revolve around the current floating range. When the price rebounds to a high level, we can enter the market and sell. All rebounds are short-selling opportunities. The greater the rebound, the greater the profit! The 1930 level above is still the most significant...
Yesterday's short-selling strategy for predicting a rebound in gold was absolutely correct. If you stick to my strategy, then the profits have already entered your account. The price adjusted after the opening yesterday and rebounded to the 1930 mark, which was under pressure and ushered in a weak shock and a downward break. The market continued to decline...
Yesterday, on Tuesday, gold remained range-bound for the whole day, then broke out and surged to around 1937, then fell back under pressure, with the lowest falling below 1930. It makes perfect sense for gold to be weak due to the impending market news. The key today is to focus on the Fed's interest rate meeting and the Fed Chairman's speech, because the Fed's...
Yesterday Monday, gold was as I expected. The break position continues upward. Gold continued to fluctuate and adjust throughout the day, breaking through 1930 in the evening, and rose as high as near 1934 before closing. Tomorrow night will be the Fed's interest rate minutes and Powell's speech. Gold's breakthrough is actually not a good phenomenon, so everyone...
Yesterday, crude oil prices fell back and fell after hitting the upper resistance position, with the lowest falling to around 91.0. Crude oil prices continue to rise again today, but I think oil prices will eventually correct and fall. The short-term crude oil target is towards the first-line support position in the 89-90 range. American oil: sell91.5-92...
Crude oil had a strong performance last week and has been rising and is currently overbought. After reaching a peak this week, crude oil is expected to show a downward correction trend. The current market growth space is limited, so it is recommended to short oil in short-term trading. Trading signals: USoil:Sell:90.6-91.3 tp89.2-88.6 Come to my team, I can...
Gold was as expected last Friday. It broke the position continuously and pulled up, reaching the highest level of 1930, which was under pressure. Then it closed with a slight retracement. It opened today and is currently rebounding and adjusting slightly above the opening price. Gold changed from last week's decline and showed an upward trend. Whether it can...
Yesterday, gold opened with a shock and fell to 1907, and then rebounded and moved higher to the 1912 line. Unfortunately, it did not usher in a further breakout. Instead, it suffered a shock and fell back to around 1907. Evening session, unemployment benefits, retail sales data, PPI data. The announcement across the board was good for the US dollar but not good...
Yesterday, gold was under technical pressure at the 1924 mark and ushered in a unilateral downward trend. It accelerated below the 1915 line and continued to weaken. It fell to the 1907 mark in the evening and then closed weakly. The gold market is awaiting U.S. CPI data to be released on Wednesday to determine the future direction of the Federal Reserve's...
Yesterday, gold first rose and then fell. It pulled up several times to test the 1930 mark without making substantial progress. Then it adjusted and gave up some of the gains, and finally closed slightly higher. The U.S. dollar index suffered its biggest one-day drop in nearly two weeks, and any short-term trends in the dollar are also likely to be reversed by...
The gold market fell all the way last week, and continued to fluctuate and fall from the position of 1940.6. Last week, the lowest level reached the key support level of 1915, and it rose slightly to around 1928 and finally closed around 1918. Last week, the overall market continued to have no good rising effect and kept adjusting and falling, and the market...
Yesterday, gold fluctuated slightly above 1915 as a whole, and rebounded slightly. In the evening, the price of gold fell rapidly to the 1916 mark in the U.S. market under the influence of the negative impact of initial jobless claims. Although it did not fall below the important mark of 1915, it also allowed the weak downward trend to continue. The gold sector...
Yesterday, gold rebounded from the shock and stopped falling around 1929. It quickly broke through 1920 and started falling, and finally stopped at 1915. The gold market is too deserted and there is a lack of news to guide the breakout. We still need to wait patiently for further news to stimulate the outbreak. Gold's decline has slowed slightly today, but the...
Yesterday, gold was under pressure at the 1938 mark and ushered in a weak unilateral short-term downward break. In the evening, the U.S. market fell further and broke through the bottom line of 1927 and continued to close weakly near 1925. The recent performance of the gold market is extremely weak. We are paying attention to the first-line pressure position...
The impact of Labor Day in the United States yesterday made the market relatively quiet, and the market dynamics did not show major fluctuations. In the short term, although the shock may continue, the position near the support below is still stable, and there is still room for growth. All day today, the focus is on the key support point of 1930-1933, which is...
Gold rose rapidly at the opening of the market today, with the price reaching around 1945. Last Friday, the U.S. non-farm payrolls report triggered violent fluctuations in the gold market, with prices once reaching around 1935. This equates to the market today remaining unchanged from last week before the volatility. The market is currently stable and a...