triumphing

triumphing

Gold fluctuated in the box today, and the volatility was significantly lower than last week and the beginning of this week. At present, it is the digestion stage after the sharp drop. If it can rise and break through the box, there is a high probability that it can touch the resistance near 1957-1961. However, judging from the current situation, the...

triumphing Updated 

The shape of gold is similar to a head-and-shoulders top, and it is currently near the support level. If it falls below 1961-1957, it will continue to fall to around 1950. So in terms of trading, I think it is possible to carry out short trading above 1965. Trading straregy: sell: 1965-1970 tp:1955-1945 I will continue to update specific transactions...

triumphing Updated 

On the 30-minute chart, we can see that the recent lows have been steadily rising, indicating an upward bias in the trend. On the 1-hour chart, the current market is near support (which was previously a resistance level, but was broken through yesterday and has now become a support level). As long as there is no significant break below this level, buying at...

triumphing

Gold successfully regained the $1900 level under the push of various news. As of now, the follow-up handling of the SVB bankruptcy event only protects depositors without being responsible for the rights of shareholders and creditors. Following SVB, First Republic Bank also faced a run on its deposits, with its stock price falling more than 70% before trading...

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Gold has shown strong momentum today, breaking through the 1900 level. As of now, the upward trend has not been completely exhausted, and the risk of bank runs is likely to continue to drive gold higher. Our next resistance target is around 1918, followed by 1931, and if we can break through, 1958 will be our highest target in the near future. During the...

triumphing Updated 

The surge in risk aversion has driven gold higher, breaking through the resistance level of 1880 and is likely to reach 1900 next. Therefore, trading should continue to be long-focused. Of course, it is not sustainable for gold to keep rising without a correction. There is a higher probability of a pullback near 1900, and attention should be paid to the...

triumphing Updated 

Backtesting gold has found support near 1870, and has risen in the short term. Currently, it has reached a resistance level near 1890. If it can break through, there is potential for it to touch 1900. If it cannot, it may fall back below 1870 again. Based on today's trend, it is still suitable for long trades. Therefore, after the fall, it can be bought...

triumphing

The oil price also rose nearly $2 under the stimulus of data, reaching a high near $77. On the 30-minute chart, oil underwent a wave of pullback after consolidating near 76.6, and its current position is the previous consolidation level, which has some resistance but not strong. The short-term strong resistance should be around 77.4. From a technical...

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Gold was impacted by non-farm payroll and unemployment rate data, breaking through resistance near 1845 in the short term and surpassing the previous high near 1859, rising to around 1870. Currently, 1845 and 1860 have both turned into support levels from resistance levels, causing the trend of gold to change to an upward trend. Due to the significant...

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After breaking through the resistance at 1823, gold rose to 1835, breaking through the resistance level near 1831 during the period. Currently, it is starting to fall. Since breaking through 1823, this level has changed from resistance to support, and the current support range is between 1822-1825. If it does not fall below this level, the short-term trend of...

triumphing Updated 

This is the 30-minute chart of EURUSD, where I've marked the resistance zone and strong resistance level, as well as the entry points. The overall trend today is bullish, with the first step being to see if the resistance zone can be broken. If it can, we'll look to the strong resistance level for our next target. If it can't be broken, we can enter a short...

triumphing Updated 

Oil saw a high-volume drop below support near 78 yesterday, which turned the immediate position into a resistance level. As of now, there has not been a complete breakthrough and the trend has weakened, so in terms of trading, selling short positions is the main strategy for today, with buying long positions as a secondary strategy. Specific trading...

triumphing Updated 

Currently, the market is still fluctuating within the support range, and overall it remains somewhat weak. However, there has been a significant decline recently, and regardless of the variety, it is almost certain that there will be a rebound after a major drop, with the difference being the size of the rebound. Therefore, the current trading strategy is to...

triumphing Updated 

Gold is currently testing the resistance in the range of 1820-1823. If it can break through the resistance, the price is expected to rise to around 1831. If it cannot break through, it is expected to fall below 1813. Based on the current trend, the probability of a direct upward breakthrough is not high. It is expected to rise and then fall back rapidly, just...

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On the road to success, whether you take big strides or make small progress every day, as long as you persist, every step counts, and every drop of sweat is not in vain. Please believe that as long as you keep moving forward steadfastly, your goals will get closer and closer to you. Yesterday, gold was under pressure and oscillated within the range of...

triumphing Updated 

On the 15-minute chart for gold, the MACD is about to form a golden cross, which is a bullish signal. We entered a long position accurately near 1847 and are currently holding it, waiting for the first take profit level near 1853. Thank you for your attention and support, please stay tuned as I will update our trading strategy at any time!

triumphing Updated 

As expected, gold traded within the range of 1813-1823 in the last few hours yesterday and fell below 1813 today. Therefore, our first target is around 1804, as the trend has turned from bullish to bearish. When trading, it is mainly focused on shorting at high levels. The chart is based on a 30-minute interval, and the first resistance to be faced today is...

triumphing Updated 

Yesterday's trading saw all three take-profit points hit, and the current market is now at a crucial support level. After yesterday's sharp decline, the market needs some time to consolidate before resuming the game. For today's trading, we will first go long at the lower levels and then formulate a new strategy based on the situation after rebounding to the...