FlashTrades_

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Last week, the economic data released by the United States was mixed, and the US dollar entered a period of volatile pullback. The monthly rate of durable goods orders in January recorded -4.5%, worse than the expected -4%, the largest decline since April 2020. The February ISM manufacturing PMI recorded 47.7, lower than the expected 48; However, the ISM service...

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After failing to break through the 2000 level, gold fell below 1960. The overall trend seems to have weakened. However, what I want to say is that you still do not understand the intentions of the main players. Two failed attempts are actually a sign of accumulation of strength. When the market believes that the trend will continue to decline, the real rebound...

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After a long period of fluctuation, the market has finally started to experience a downward adjustment. If you have a short position, you can now breathe a sigh of relief. My personal recommendation is to take advantage of this opportunity to reduce your position on dips. As for long positions, we can start building positions now. The key support level is at...

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In the short term, the rise of Bitcoin has been hindered and there has been a slight correction as the upward pressure is capped at 28,500. It has been emphasized in previous articles that 25K has become a short-term bottom, and the operation still considers buying on dips as the main strategy, with a target of 30K in mind. I have already started a...

FlashTrades_ Updated 

From a daily chart perspective, the price of gold has formed a double-bottom support at 1935 and is currently oscillating widely within the range of 1960-2000 in the short term. However, it is my personal belief that the market will still form a breakthrough to the upside. I recommend buying long positions on dips between 1960-1935 at the opening of next week...

FlashTrades_ Updated 

I have started serializing my Million Challenge. Today is the first day of trading, and I will record every operation. Gold has been bought at 1985, with a take profit (TP) set at 1995. If the position is broken, it will continue to rise. I will make the account reach ten million within a month, and the trading signals will be continuously updated. Let's witness...

FlashTrades_ Updated 

Against the backdrop of continued safe-haven demand, XAUUSD has repeatedly broken through previous highs. Today, it attempted to establish a short position near 1940, but immediately chose to exit as soon as the market broke through the previous high, because new highs are sure to appear after breaking through previous high points. Sometimes a small loss is a...

FlashTrades_ Updated 

As expected, due to the increasing risk aversion sentiment, BTCUSDT has continued to rise and has reached my second target of 27K, and the next target will be to push towards 30K. As previously emphasized, when the main force begins to push up, they will not provide very good entry opportunities, so any dip is an opportunity to follow the long position. 25K...

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The recent failures of Silicon Valley Bank (SVB) and Signature Bank have exposed cracks in the banking system, partially due to overly restrictive monetary policy. This situation could quickly spread, causing the Federal Reserve to intervene to protect depositors and launch emergency liquidity programs to support lending institutions. In summary, systemic risk...

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Although both Europe and the US are experiencing high inflation, the US has already taken the lead in raising interest rates several times and by a large margin, causing capital to flow back and the dollar to appreciate; while the Eurozone is forced to raise interest rates. If they don’t raise rates, as we can see now, capital in the Eurozone is accelerating its...

FlashTrades_ Updated 

Due to the recent sharp increase in risk aversion, XAUUSD has once reached above 1900. However, the resistance above is strong and it has repeatedly retraced after rising, indicating a need for a pullback in the market. Short positions can be entered in the short term. Personal trading strategy: Short at 1935-1940, tp1:1925, tp2:1920, sl:1948. I will update...

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The cryptocurrency market is one of the panic groups, as many institutions may still deposit with Silicon Valley Bank. With the announcement of the Federal Reserve's bottoming, the sentiment in the cryptocurrency market has stabilized slightly, and the concept of decentralized cryptocurrency has begun to play a safe-haven role as investors' distrust of the...

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During the Asian session on Thursday, March 16th, XAUUSD is trading in a range near $1918.34/oz, while the Swiss regulatory authority has promised to provide liquidity assistance to Credit Suisse, the risk aversion sentiment remains persistent. Moreover, the market's expectations for the European Central Bank to raise interest rates by 50 basis points in the...

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US crude oil has fallen for three consecutive days, pushing oil prices below $70 per barrel. As the market continues to revise down expectations for economic growth, and rising crude oil supplies offset the boost from China's reopening and the instability caused by the Silicon Valley Bank (SVB) collapse and Credit Suisse crisis, the financial market is facing...

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After Bitcoin fell below 22K, it was not surprising that it fell below 20K. This is something we cannot change, we can only say that the bearish market has temporarily won. However, in my years of trading experience, market trends are formed through continuous fluctuations, and we need to face them rationally. When we started to establish a long-term position...

FlashTrades_ Updated 

Following the release of the US NFP and unemployment rate data on Friday, BTC saw a small rebound and is currently trading steadily above 20K. In the short term, it tested support near 19500, and institutional orders continue to suppress BTC prices. Market sentiment remains bearish, and overall trend is sluggish. Some predict that the future trend will fall below...

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On Tuesday this week, the testimony of the Chairman of the Federal Reserve before Congress raised concerns about risk assets in the market. In this testimony, Powell stated that "if it is necessary, the Federal Reserve is prepared to speed up the pace of interest rate hikes, and terminal interest rates may be higher than expected." These words indicate that the...

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On Friday (March 10th), the US Bureau of Labor Statistics released data showing that the US added 311,000 non-farm jobs in February, lower than the revised previous value of 504,000, but much higher than the expected 205,000. The unemployment rate in February rose to 3.6%, higher than the expected and previous value of 3.4%. The average hourly earnings in...