Thursday's data was bullish for gold, triggering a surge in gold prices, so current bearish thinking needs to be put on hold. This boost to gold's rise has broken through the short-term shock range, and the upward trend has initially begun. But if we want to maintain a steady rise, confirmation of a short-term correction is still needed. The callback points...
Gold is in a sideways shock phase this week and will fall for a long time. Without news to help, I think a breakout of 2278 is just a matter of time. Data from today and tomorrow will likely help. So you can continue to narrow the space if you are currently trading. The space below is around 2303-2308, and the space above is around 2320-2323. Sell high and buy...
Recently, oil prices have fallen to a certain extent due to multiple factors. This article will delve into the main factors affecting oil prices, including increases in crude oil inventories, + policy expectations, and the impact of geopolitical events on the market. From a technical point of view, it is still in a volatile decline, and the rebound is still...
Focusing on our range strategy, we hold short positions here between 2320 and 2320. The first target below is towards 2295, followed by around 2278. The above are public strategy signals, and they are currently making profits. Secondly, there are short orders near 2328, which are only available to VIP customers. They have taken profits and left the market at...
Let’s talk strategy directly; as the picture shows; Gold can go long when it is near 2330, and the target level above is 2350-2365. The defense can be placed near 2324. If the position is broken, we can look down to around 2300-2290. For the above long-short thinking, it is recommended to focus on the long side. Follow me, trading is that easy!
Tell the strategy directly Today's callback continues to be dominated by lows and longs. as the picture shows; In the short term, let’s look at the adjustment first. The support level below is near 83. You can buy long at this position, and the upper target is around 85-85.6. In trading, you can go short first and then go long, and the long position is the...
Geopolitical tensions in the Middle East have eased, affecting gold's role as a safe-haven asset during turbulent times. Judging from yesterday's trend, the short-term trend of gold has not yet been determined. The main reason is that after reaching the key position yesterday, there was a wave of gains during the US trading session. Today, it fluctuated downward...
Talk directly about strategy as the picture shows: The short-term support level below is 81-80.8, where you can buy long positions, and the pressure target level above is around 83-84. Follow me, trading is that easy! Stay rational, follow the trading plan, and avoid blindly following the trend or trading emotionally!
Gold prices suffered their biggest one-day drop in nearly two years on Monday. what can I say? This is crazy. Instead of first covering the gap and then falling as we expected, it fell directly, causing long losses. The recovery margin of the rebound is very small. It can be said that it rises quickly and falls quickly! But that’s okay, we can easily make it...
Last week, we built a long strategy around this range and achieved 100% accuracy and profit growth. Trading strategies may change this week, so stay tuned for updates. Gold prices continued to weaken during Asian trading on Monday due to a lack of risk aversion over the weekend. It is currently around 2365, which is a relatively low position, with a small gap...
The market refreshes your understanding again, and the high point breaks through again. We are still on the bull market train and will get further and further. The highest gold price on Thursday was close to 2,400 points, because after the excessive adjustment from Wednesday to Thursday, the market has recovered some indicators, and now the market has entered a...
If you follow my strategy, you have already made money; According to the trading strategy disclosed today, we once again completed a long order of 2365-2396. The profit margin has reached 120 US dollars in two trading days this week! At present, all long orders have profited and left the market. According to the expected trend, gold price will continue to test...
Today's idea is very simple, continue to carry out low and long strategies around the range of the previous article. as the picture shows; The two buying points below are still around 2370-2372 and 2365. The upper space will gradually look at 2395-2400. After the breakthrough, we will look at the second breakthrough of 2431. Before there is a breakthrough,...
What should we do next week after gold prices jumped $46? ! It’s simple, go with the trend and go long. As the saying goes, when things go up, they don't reach the top, and when things go down, they don't reach the bottom. Look big or small, take advantage of the trend and take a short position➕Stop loss! Under the volatile situation, gold prices hit a new...
Gold is also moving in the same direction as we expected on Monday. Although it adjusted downward, it quickly returned to the box range after the virtual break. At present, it seems that the support is gradually rising and is in a stable upward trend. According to Monday's strategy, there are still long orders around 2,365 on hand, and the Asian market hit a...
Oil prices bottomed out on Monday after Iran's weekend attack on Israel proved less damaging than expected, temporarily easing concerns that a rapid intensification of the conflict could reduce crude supplies. After falling to new lows around 84.03 over the past two weeks, oil prices were supported by bargain hunting after Israel said it would respond to Iranian...
Although gold experienced a sharp decline on Friday, the overall price is still running above 2300, so the trend is still upward; secondly, there was no new low after this plunge, which also shows that this is just an emotional reaction. Gold is currently in a slight consolidation. We temporarily regard the rise and fall of US stocks on Friday as a breakthrough...
The market's initial reaction to Iran's attack on Israel was fairly muted, with major contracts seeing little price movement. There had been concerns that Iran's attack on Israel heralded a significant escalation of the conflict in the Middle East, and that oil prices would rise as concerns about possible supply disruptions intensified. But oil prices are...