With non-farm payrolls coming, will gold continue to rise? I think gold is unlikely to rise significantly. Why? Because as can be seen from Thursday, gold did not rise sharply driven by a series of good news. I have been crossing and climbing on the high Yin and Yang line. This indicates that bears have started taking profits at this level. Looking...
Sentiment was boosted by lower-than-expected crude oil inventory growth, sharp declines in distillate and gasoline inventories, and expectations of interest rate cuts. In addition, Saudi Arabia unexpectedly raised its official selling price for crude oil in Asia. Technically, crude oil is also in a bullish uptrend. At present, the callback is mainly to continue...
The rise and fall of market prices does not mean that it is terrible. We must be mentally prepared to respond to market rises at any time. It rose again on Tuesday and the top of the uptrend also appeared. Therefore, in Tuesday's article, we listed short orders. Currently I have short positions around 2030 and 2040. As shown in the chart, the midline target is...
Gold's long-term bears are starting to show strength. Today the market changes have not happened yet. Viable areas of value are already in place. We can enter the market to take short positions and trade them. The price reference pressure is at 2130, and choosing 2130 based on the second low on the right is a very good position. We just have to plan around that....
Bitcoin met expectations for Tuesday's rise, with bulls finally hitting an all-time high of 69318 and we successfully exited the market at a profit, before the form took a sharp turn for the better with a sharp retreat of more than 11,000. At present, it is not excluded that the daily line of 38504~69318 five waves rose to the end, from 69318 began to enter the...
This time Bitcoin's rise is aimed at the historical high of 69158. Previous highs are meant to be broken, especially when the current bull market trend is intact, so you can still look for opportunities to continue to look long and do long. As shown in the picture, the specific strategy can be to go long near 66400, TP68900-69150 SL66000
The overall trend of crude oil is strong and bullish, and a new round of rise will start after breaking through 80. As shown in the figure, currently crude oil can be bought long after waiting for a correction. Specific strategy suggestions: buy long after crude oil forms support near 79-79.3, sl78.3 near tp81-82.
Excluding news factors, from a technical perspective, gold's short-term peak signal has appeared, and short selling will be the main focus. The tradable range is as shown in the figure, You can buy short positions in the 2082-2088 range, with the first target near 2065. If this position can form support, gold will rise again, and the increase may exceed...
Silver is now back in pre-March swing territory, the 21.5 to 25.3 area, which means bears can continue if a rebound occurs and pressure closes. As long as it does not break through 25.3, it will still be under the control of the bears. Of course, the current rebound to around 23.1 is also an opportunity to go short. As shown in the figure, the detailed strategy...