Yesterday, gold did not fluctuate much. The K-line rebound was also around 2180, and then it could not move forward. It was obvious that the bulls were weak and had no strength. The resistance above was still strong. The negative line continued to go downwards, and the rebound was also yin and yang. It is definitely not a U-turn. We continue to trade high and sell...
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After the sharp rise and fall last week, gold has once again maintained a volatile downward trend. The lows are constantly lowering. At the same time, the moving average has formed a dead cross pattern, and the gold price continues to be suppressed in the short term. Looking at the comprehensive conditions, shorting on the rebound will be today's trend. The main...
Today’s strategy sharing Gold has clearly peaked at the moment, with continuous negative lines falling. Even the rebound is short-lived. After all, it still looks like it is falling. It is suppressed by the moving average after all. The moving average is running downwards, with no possibility of turning around. The continuous negative line covers the rebound of...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) remains above the mid-$2,100s in the early hours of Asian trading on Monday. The increase in the value of the yellow metal is supported by the likelihood that the US Federal Reserve (Fed) may reduce interest rates later this year. Traders are anticipating the release of the...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Our short trade was very successful today with considerable profits. Congratulations to those who followed. At present, in the 30m chart, the indicator needs to be repaired, so in tomorrow's session, the trade will be long at a low level first. After rebounding to around 2186-2192, observe the resistance. If it cannot break through, start shorting. The strong...
Market Direction Today, the opening price of gold is below the pivot and POC so the market direction is BEARISH. The 2-day relationship is lower so we will consider selling at key levels when there is a signal. My personal opinion is that I hope gold will fall to 2149/2150. If you break through this point, gold will return to 2136/2139. Conversely, if gold...
Gold prices hit record highs this week. However, some market analysts predict that precious metals markets may see a correction next week and in the short term. While the Fed continues to signal rate cuts this year, the depth of the easing cycle will still depend on the data. Gold needs to see more disappointing economic data in the coming weeks and months to...
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In the ever-changing landscape of investments, gold continues to hold its place as a timeless asset of enduring value. Revered for centuries, gold's allure remains unwavering, particularly in times of economic uncertainty and volatility. As a tangible and scarce resource, gold serves as a reliable store of wealth, preserving purchasing power over the long term....
Gold is still on a downward trend. It found support near the previous low yesterday and rebounded and fluctuated. This is a normal adjustment during the decline. The resistance is also very obvious, which is the 1970 position! Therefore, the current price of 1968 can continue to be short and bearish to new lows! Gold officially started its downward trend after...
Gold is currently fluctuating at a high level, and now the rebound is blocked. The current price of 1967 can be shorted again! Be defensive and bearish at yesterday’s high of 1975! Below, pay attention to the support of the 1955 line. If it breaks, the market will really turn downward, otherwise it will be high-level consolidation and shock! The current trend of...
Gold continues to fall today, and it cannot be stopped at all. The weak downward trend, directly enter the market and go short. The current price of 1998 is short, and it continues to be bearish! On the golden hour chart, the weak Yin is falling. The latest pressure is the Bollinger Band. Each new downward wave is trending. Generally, a small rebound will...
Gold's rebound is weak and the decline remains. You can enter the market again and go short. The current price is 1988, which is bearish! Gold has fallen weakly, and its rebound has now been blocked by Bollinger's upper track pressure for 30 minutes, and it has been suppressed by 1990 twice! After encountering resistance, a new decline will begin! The downward...
Like I mentioned in my article yesterday. Gold will continue to rise after Asian markets open. Because of the boost in risk aversion At present, we need to focus on whether the 2170-2180 first-line position can hold its own. This depends on the influence of the weekend news. I still think gold prices will continue to rise. Jack’s take profit range is 2179-2182
Today, gold will focus on the resistance 2180-2200. When reaching this area, you can continue to short. The support below will focus on 2160-2140. Accurate signals will continue to be sent every day to help your account make money quickly!
The indicators in the small-level chart began to show the weakness of the bulls, but the bulls at the 1h level have not yet exerted force, indicating that there is still room for upwards. After the market opens on Monday, we will continue to pay attention to the resistance breakthrough of 2169 first, followed by the vicinity of 2174-2183. If it can break...