Prospects remain positive as investors bet on lower global interest rates, perhaps look for diversification opportunities away from elevated stocks or, in the case of central banks, continue to reduce exposure to the USD (net central bank gold purchases have grown strongly in the past two years, reports indicate). Broadly, history suggests higher Gold prices are...
Today, gold opened higher, the highest hit near 2265, after the release of the United States March ISM manufacturing PMI, more dollar, bearish gold, gold once reversed today's gains fell to near 2228, the first price near 2240. Today, the operation of the last order gained 100 points, an order stop loss of 40 points, the overall profit is still profitable, the...
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, gold has repeatedly broken new highs and hit the 2265 line. At present, gold still maintains a strong unilateral upward trend. However, as far as current trading is concerned, I do not advocate continuing to cash long gold. Because gold continues to be very overbought and deviates too far from technical indicators, there is currently a short-term...
26/3. The trend of gold is very science fiction. Like a roller coaster. When it went up, it killed the short sellers. When it fell, it killed the bulls. Dual phase harvester. But I made some profits in both directions yesterday. Friends who are paying attention know it. Yesterday, the gold market once again shot up to 2200 points and then fell back quickly. The...
Dear friends, today is a day of relatively high volatility for gold. After gold rose from around 2170 and hit around 2200, it fell back again during the US trading session. So far, it has fallen back to its lowest level near 2171. The total room for rise and fall is 60 US dollars. How much profit did you capture from it? In today's transaction, I successfully...
Dear friends, gold has risen rapidly in the short term, once soaring to around 2200. I believe many people in the market have gone crazy. Such a large increase in the short term is indeed beyond my expectations, but after the market madness, you need to calm down.I think this is a market washout for investors.The 2222 position is still an elusive position, so I...
Dear friends, gold was affected by geopolitical conflicts. Gold once soared to around 2200, which can be described as a desperate counterattack by the bulls. To be honest, the bulls and bears have been in a weak retracement situation recently, and the market is still slightly better than the bears. At present, gold continues to form a counter-draw situation, which...
Another boost from good news. Gold’s bullish power remains strong. The dollar fell under pressure. The market is expected to continue to impact the 2190 first-line position. sl2165 tp2190
Gold awaits PCE information - the Fed`s desired inflation measure - due out this Friday. This information is broadly anticipated to persuade the Fed's outlook on hobby quotes. Gold is anticipated to stand a few resistance withinside the close to term, in particular if difficult inflation information indicates the Fed's plans to reduce hobby quotes this yr can be...
After the European market started, gold began to fluctuate and fall. It reached a low of 2163 during the day. However, careful friends found that the US dollar continued to fluctuate around 104.3, without major fluctuations. In other words, short selling is just a behavior of the European market. TVC:DXY Modern Jack believes that the gold shock in the European...
Gold rallied on the weekend's positive news. Gold prices continued to strengthen after opening in Asia. Attentive friends will find that Morgan Jack has explained it in advance yesterday. The highest impact reached a position near 2178, but it quickly fell back before stabilizing. It is still two dollars away from my expected 2180. Even so, buying is still a...
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
Modern Jack believes that the U.S. dollar is performing well in the Asian market. The expectation is that there will be some small support near 104.3. Then the probability of gold prices remaining in the range of 2172-2180 is relatively high. Operationally, range trading is maintained. This was despite a sharp reduction in holdings in the largest gold ETF over the...
#XAUUSD After gold rose to 2222, it continued to fall. The current downward trend continues to rise. The Asian market moved up along the channel to around 2178 and then fell along the channel. It is still in the channel range. 1/The war between Russia and Ukraine escalated over the weekend. 2/Gold fundamentals, sentiment eases with interest rate...
Can anyone tell me the actual situation? I heard from friends that many people on TV don’t know how to trade. Let me take a look. Is this consistent with what my friend said? I'm Jack. Join tradingview today. I just started posting my opinions. I don’t know what kind of sharing you like to see. You can leave a comment. Is it technical, fundamental, market...
Dear friends, gold is currently in a volatile correction. The lowest point of gold has been corrected to around 2162, and compared with the highest point near 2222, it has corrected 60 US dollars. So will gold continue to fall? In fact, according to the current trend pattern of gold, gold is most likely to continue its shock adjustment and not fall all at...
Dear friends, gold fell back after rising high during the day. Gold continued to fall during the U.S. trading session. At present, gold fell back to the lowest position near 2166. The gold trading orders that we gradually shorted in batches all left the market with profits near the 2170 position, continuing our 9-game winning streak for gold! According to the...