Today, the overall gold market is in a volatile market. Gold fell and touched near 2310 multiple times before rebounding. It touched near 2323 again and then fell back again. Gold is currently trading near 2313. Today we successfully captured the profit from gold's rebound in trading. We went long gold in the 2314-2312 area and successfully hit TP: 2322....
Gold fell back from around 2330 today and is currently oscillating within a narrow range around the 2312-2315 area. In fact, it is still quite difficult to trade gold today. It is relatively ideal to participate in shorting gold near the 2330 position, but we cannot aggressively chase short gold during the decline. Therefore, if we did not short gold near the 2330...
Today we made a good profit in gold long and short transactions, which gave us a good start for this week's trading. First, we shorted gold near the 2323 position in the morning. When gold fell back and touched the 2316 position many times, it stopped falling, so I closed the position near the 2317-2316 position in time to lock in profits in time;Then we went long...
Gold fell sharply to around 2281, then fluctuated sideways, broke upward and stood above 2900. Although this decline in gold exceeded my expectations, it still stopped its decline in the 2280 area. Then gold is still likely to use the 2280 area as support and replicate the trend after April 23, and may build a new upward channel in the short term. At present, we...
Gold fell to 2300 as expected and continued its correction to reach a minimum near 2293. Gold shorts have an absolute advantage. We followed the trend and shorted gold today near the 2323 position. Obviously, our short position was eliminated by hitting TP and making a profit. Congratulations on once again achieving good trading results! Gold is currently trading...
Today we made a nice profit on both long and short gold trades. First, we shorted gold near 2337 and 2342, and gold hit TP during the fall: 2330; after gold fell back, we went long gold below 2330, and gold hit TP again during the second bottoming process: 2340,We took profit by hitting TP on both trades, resulting in a profit of over $11K. Today's results are...
Today, gold fluctuated and recovered after testing near the 2319 position. It hit near the 2344 position and then stagnated again. Gold is currently trading near the 2335 position. At present, we can see that gold as a whole is weakly fluctuating in the 2345-2315 area. What I have given you today is the gold short trading strategy and signals, short gold in the...
First, let’s summarize this week’s trading situation. There were a total of 22 transactions in this week’s trading day, of which 3 transactions suffered losses, with a total loss of about $3.4K. Almost all of the other 19 transactions were made by hitting TP and making a profit. It is about FWB:67K , so the net profit this week is $63K, and the trading winning...
Golden point in gold for long term buying position? We are above the general trend and at the beginning of a third wave, which will be long
Gold rebounded to above 2340 in the short term, which looks very strong. However, from the perspective of the entire rebound process, although gold has continued to consolidate the bottom during the rising shock, it has provided solid support for gold's rise. However, judging from the overall rebound strength, gold is currently not enough to form a reversal trend....
Gold has been very bullish for the last two days but it went bearish from the last hours of market closing now we have two plans to trade with gold one is the sell plan and the other is the buy plan which will executed as it touches support or resistance
We basically focused on shorting gold last week. The rebound is to give short selling opportunities. Although gold rebounded during the process, it eventually shot up and fell back. When gold shot up and fell back at a high level, it was a bull market. The gold 1-hour moving average is about to enter. If gold rebounds near 2165 next week, it will be the moving...
Price broke out of my counter trend line around 2037. Trying to respect a major trend line around 2047. Nothing strange haha...just anticipating a retest to where the breakout occurred. Manage risk!!! EIGHTCAP:XAUUSD
HELLO TRADERS As i can see Gold drop on yesterday interest rates results and Powell speech make a pullback in $ and now if we see the uptrend has just broken and now we can sell here more on positive Jobless Claims, ISM Manf PMI and tomorrow NFP so our risk reward ratio is great on this trade we already selling from 2055 Zone let's see what markets brings it's...
at level 2060 USD as previsous TOP , We notice some weak of bulls as we can see the divergence on CCI mixed with Pin Bare on Weekly timeframe we expected a possible breaking uptrendline for the next three ou fours weeks. TP and SL are clearly showing
Hello, according to my analysis of the gold market, there are good opportunities for selling. The price has reached a very important stage. The price reached a strong resistance at 1945.60. There is a downward trend as shown in the analysis. A very negative candlestick was formed on the 4-hour chart. We also notice a strong correction on the Fibonacci Golden...
⚡️Gold prices moved little on Tuesday as the dollar arrested recent losses before key U.S. inflation data due later this week, while copper prices held on to recent gains on hopes that the worst had passed for China’s economy. ⚡️Focus is now squarely on a consumer price index inflation reading for August, which is expected to show inflation growing at a faster...
Counter trend trade : Slight correction expected after a beautiful drop in Gold yesterday, Possible to hit the previous lowest low on the daily or 4Hr timeframe (marked with a simple line for possible rejection) or price could easily break the current lower low (might occur just before 14:30 sast - news - normally 30 min before news) This is Biased in my...