Last week, spot gold rose more than 3%, the largest weekly gain since July. This morning's opening gold short jump after high opening to fill the gap, if the break 1960 followed bullish, if fall below 1950 to see the callback;
Gold 1960-1962 regional long, stop loss 1952, target 1975-1990;
At present, after gold breaks through the downtrend line, it rises strongly and the market outlook is expected to continue to rise! The operation is mainly based on bargain hunting, and the short-term goal above is 1970-1990; Below 1933-1910;
The final result of the American election has not yet been announced, and there is still the...
Wang Chao (gold speculators): Spot gold trading strategy on Tuesday, 7.28
Spot rose fiercely on Monday, standing firm at the 1900 mark shortly after opening, and then rose like a rainbow.
Breaking through the three barriers of 1910, 1920, 1930 and 1940 in succession, and taking a break in the afternoon,
However, it rose slightly as a whole,...
Wang Chao: Spot Gold Trading Strategy on Wednesday, June 24
Spot prices declined slightly during the Asian session on Tuesday, and then began to rise all the way, once breaking through the $1,770 mark.
It continued to hit a new high since October 2012, and narrowed the increase in late trading, but it still closed above $1,760.
At the close,...
Wang Chao: 6.20 spot gold trading point of view on Saturday.
On Monday, under the influence of fears of a second outbreak, global assets turned green, global stock indexes fell, and the Dow tumbled 700 points at one point.
At one point, American oil fell more than 5%, and gold tumbled nearly $30 to as low as $1704.27 an ounce.
In the early...
Wang Chao: Views and Strategies of Spot Gold Trading on Tuesday, June 16
On the first golden week, the spot market started to decline from around 1730, and the U.S. market dropped to 1704 U.S. dollars.
Then began to pick up, recover some of the decline. As of the close, spot gold fell 0.29% to $1724.58/ounce.
Technical analysis: in the...
Wang Chao: Views and Strategies of Spot Gold Trading on Monday June 15
Spot gold surged and retreated last Friday, while U.S. stocks advanced all the way.
The peak was 1742.78 U.S. dollars/ounce, and U.S. stocks began to fall back after opening to below 1730 U.S. dollars.
As of the close, spot gold rose 0.13% to $1729.65/ounce.