Today’s gold trading situation is as follows: 1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614 2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600 3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632 To be honest, gold first rebounded to 2392 today and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To be honest, the short-term...
Hello, according to my analysis of the gold market, we notice the formation of an ascending channel. However, despite that, it is only a corrective wave. We may see a decline from the 2080 area, which is a correction to the Fibonacci golden ratio of 61%. Good luck to everyone
Welcome . Analysis of the gold market. On the clock frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone Anouare
Dear friends, gold’s short-term rebound has reached a maximum of around 2394, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading around 2381, so does gold still have room to conquer 2400 or even higher? Although gold has stopped below the 2400 level many times in...
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, in the end the bears have the upper hand. The current lowest gold price has been around 2324. Of course, our short gold order around 2360 also successfully hit TP: 2349. We gained a lot of profits from this. At present, gold maintains a volatile...
Friends, what I have been suggesting in the past few days has been to go long at the right price. After the release of non-agricultural employment data, the price of gold was suppressed and there was a certain downward adjustment. However, the trend of gold prices is upward, so after the impact of the news, the gold price surged, and now the gold price remains...
Today’s gold trading conditions are as follows: 1. Xauusd:@2340-2342 Sell, TP:2328 Profit: + $3708 2. Xauusd:@2341-2345 Sell, TP:2336 Profit: + $8609 Today in gold trading, I relied on the resistance area of 2340-2345 to short gold many times, and hit my expected target positions of 2328 and 2336 respectively.As of today, I have made more than FWB:12K in...
Today’s gold trading conditions are as follows: 1.Xauusd:@2358-2360 Sell, TP:2347 Profit: + $6618 2.Xauusd:@2364-2366 Sell, TP:2347 Profit: + $8615 3.Xauusd:@2338-2340 Sell, SL:2347 Loss: - $3973 The trading profit so far today is: $11,260. Gold hit a new high today again, hitting a maximum of around 2,365. Gold still maintains a strong upward trend. But in...
Dear friends, today after gold opened lower and fell back to the 2305-2300 area, it rebounded again and hit a new high near 2353. At present, gold has fallen back and remains near the 2338 position. Today’s transaction can be roughly divided into two parts. First, we ended our short position in the 2305-2300 area and captured good short profits;Secondly, I...
Gold: 60 Minute, Fibonacci . . . I have much better bearing as to where and why this market is moving. All Month of March we have been trading an extension at the 38.2% line. We hit it's target on March 20th. Extension rules generally mean we trade the same anchor to new highs to get the retracement. We traded the retracement on March 23-24 and have been going up...
Today’s gold trading situation is as follows: 1.Xauusd: @2292-2294 Sell, TP:2292, Profit: +$564 2.Xauusd: @2295-2300 Sell, TP:2291 Profit: +$ 9318 Today is the fourth consecutive day of profit in this week's trading. The profit so far today is $9882, which is an increase in profit compared to yesterday's profit. I think it is very meaningful to be able to make a...
Dear friends, gold has pulled back to the 2288-2286 area as expected. First of all, congratulations to everyone. Our short position finally touched our target position, TP: 2288. At present, gold is under pressure to adjust downward after hitting the highest position of 2305. So where will gold fall? According to the current gold trend, gold is currently...
The price of gold fell back on Monday. Earlier, as the market's expectations for the Federal Reserve's interest rate cut in June increased after the PCE data last Friday, gold once refreshed its all-time high to 2265, but then the price of gold gave back part of the gains. On the one hand, bulls took profits. On the other hand, the U.S. ISM only returned above the...
Gold in the Asian market rose again to the 2060 level, which is similar to my expectations. The current digestion period of the news is almost over, and intraday trading is mainly selling at high levels. 2060-2057 is a good position. There is currently no significant news boosting the market, which is not conducive to gold's rise. In terms of trend, the gold...
Dear friends, due to the escalation of geopolitical conflicts in the Middle East due to the Israeli air strike on the Iranian consulate, gold once rose and set a new historical high again, with the current highest reaching 2266.8. Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective, this position...
Dear friends, gold hit a high of 2265 overnight and then fell back. Then gold stopped falling near 2229 and rebounded slightly again. As of now, gold is trading near 2251.According to the current gold trend, there is no doubt that gold still maintains a trend upward trend, so overall gold still maintains a intact upward pattern. But in the short term, today's...
Dear friends, today we shorted gold in the 2263-2265 area and set TP: 2245, making a profit of 18 points and successfully making a profit of 10K, which is a good gain. After touching 2245TP, I used small batch trading lots to chase short gold at 2246 and 2237 respectively, and set TP: 2225. Because gold only touched the lowest position near 2228, these two...
Dear friends, there must be only one question for everyone now, and that is, will gold continue to fall? I think gold will continue to fall, because gold fell back immediately after touching 2198, and the candlestick body still closed below 2195, once again showing a long upper shadow line, so the pressure above is still relatively obvious. In addition, gold only...