Ksitigarbha

Ksitigarbha

·The IMF raised its forecast for global economic growth, and U.S. stocks continued to remain strong There is not much fundamental information today, and we can enter the market from the technical side. Gold has recently rebounded to the 200 moving average in the 4-hour chart. In addition, the price of 1747 is a very strong pressure line. I recently recommended...

Ksitigarbha Updated 

· Biden proposes a $2.25 trillion stimulus plan ·The loss of control of the European epidemic may also prompt European safe-haven funds to enter the gold market ·Small non-agricultural data is less than expected ·U.S. stocks are hitting new highs · U.S. Treasury yields continue to rise Just as i said yesterday that the support line of 1679 is very strong, the ADP...

Ksitigarbha

Today's operational recommendations: Wait and see, look for low-level layout . Yesterday mentioned 1422, 1417 these two support positions, have now fallen below, currently observe the 1410, 1401 these two price points.It is not recommended to make a high position because there are too many fundamental information in the near future to support the gold bullish...

Ksitigarbha

Today's operational recommendations: XAUUSD mainly in the stage of consolidation today. Without the fundamental of support, there will be not much fluctuation, so it is recommended to observe 1422,1417 support level ,and wait for the opportunities regarding long positions. Fundamental analysis: 1.Britain announces new British prime minister 2.EUR European...

Ksitigarbha Updated 

Today's operational recommendations: XAUUSD mainly in the stage of consolidation today. Without the fundamental of support, there will be not much fluctuation, so it is recommended to observe from the support level and wait for the opportunities regarding long positions. Fundamental analysis: 1. The global central bank's easing monetary policy and debt increase...

Ksitigarbha

Trade recommendations Observe strong support m, try to catch the re-test point on the levels 1403-1401 earth zone. Gold was affected by US retail sales yesterday, and the announcement that 0.4% was higher than the expected value of 0.1% caused short-term negative gold moment . However, traders need to bear in mind that this data does not enough affect the...