Yesterday we did 2337 Sell again, and the two TPs we set up have reached the target. Today we are ready to continue Sell. Recently we have been saying that gold is just rebounding, the market has not reversed, and the short market has continued. Gold has fallen sharply, breaking the recent shock, and gold has continued to be short after rebounding in the US...
The gold market has shown signs of a double top on the 4-hour chart, suppressing upward movement. Short-term rebounds lack strength, and the 4-hour moving averages have crossed bearishly, indicating the potential for further decline. The market opened lower this morning and has been declining since then, with any rebounds confined to around 2337. Below 2337...
Gold has broken through the shock zone and is also in the form of a triple top. It is currently rising strongly, the bottom is more obvious, the moving average is obviously upward, and the steepness is also intensified. The MACD energy column is obviously located at the zero axis. Above, it is also a sign of gradually moving away from the zero axis. From this, it...
Affected by the geopolitical situation, gold has rebounded, but we still insist that gold only rebounds rather than reverses. Therefore, Sell can continue after rebounding near 2325. Gold's 1-hour moving average continues to cross downwards in a short position, and there is no sign of a turning point. Gold's rebound is limited, and it has not truly stood above...
Gold made a strong counterattack yesterday, and it seemed that the market was about to reverse. The market did not continue to rise in the evening. Gold shot up at 2331 and fell back. The strength of the rise was limited. The gold rebound was not a reversal. The current price in early trading was 2327 and continued to be short! Gold's rebound yesterday did not...
The short trend in gold is not over yet, and the rebound is an opportunity to continue to give Sell. The 4-hour double top of gold suppresses the rise of gold. At the same time, the 1-hour moving average of gold continues to cross downwards, the short positions are arranged, and the opening continues to widen, and the short positions of gold will continue....
Gold has been falling all the way today, directly falling below the previous low of 2354, so the decline of gold will continue, and gold is ready to rebound to around 2347 Sell! Gold’s 4-hour double top structure is a bearish pattern. The bulls are helpless after being tossed around today. This is also the biggest change in the gold market recently. The shorting...
Recently, the situation in the Middle East has been relatively stable. Although Iran and Israel have their own quarrels, no obvious conflict has been seen, which means that the two sides have reached a certain consensus and have entered the stage of quarreling. As long as either party does not cross the threshold, the overall situation can be resolved. Therefore,...
Gold surged sharply this morning, breaking through the 2400 round number mark, breaking the shock balance of the past few days. The gold bulls returned strongly. The main reason is that they were affected by the war. Stimulated by this news, the gold bulls were very strong. And this sentiment will not be laughed off like the data, so I think the bulls will...
Gold ultimately failed to break through to a new high last night and was still hindered by the resistance of the 2400 mark. After yesterday's pullback, the strength of the gold bulls was severely damaged. Therefore, today's strategy is mainly to focus on the high Sell. Now gold has reached the short-term resistance level of 2378, here Can sell. technical...
The U.S. dollar index continued to strengthen, posting its fifth consecutive daily gain as Powell signaled that the Fed has no plans to cut interest rates in the short term. Risk aversion limited gold's losses despite Powell's attempts to blunt market expectations for a rate cut. Spot gold approached the 2,400 mark intraday, but then fell back. After gold...