Nee_sh

Nee_sh Updated 

Gold has arrived its major resistance area. let's see if Gold could gain its four year high in the next few days.

Nee_sh Updated 

Bitcoin got a $1000 boom in 30 min later this afternoon. But dramatically, it fell back inside the long term trend line after the touch of $8087. Let's see if the bitcoin could break the trend line and getting another boom. Yellow bars are the support and resistance areas.

Nee_sh Updated 

Gold touched its strong support at 1289 on Thursday, and it appeared a swing on Friday. I think gold will probably have a pull back to the 1303-1314 area, then heading to 1250. If gold breaks the resistance, no short position. On Wednesday, FED announced that the Balance-sheet reduction process will begin next month. Also, the possibility of a December rate hike...

Nee_sh Updated 

I think it's a good place to long dollar for short term.

Nee_sh Updated 

I said Gold may touch 1140 two weeks ago ( my last post) and i also said USDOLLAR will keep strong before FED's rate decision two month ago. If you short the gold, now you are a big winner. Actually, i closed all of my short position at 1160 and wait for a bounce. But now it seems worse than my expectation, the Gold touched 1135 today, and it seems still have...

Nee_sh Updated 

I said we are going to 1180 or even lower two weeks ago, where gold is still at 1225. And now gold just touched 1161, if you started to short Gold at 1275, now you are a big winner! Back to the topic, i still think Gold has potential to move down a little bit. The USDOLLAR will stay strong before FED raised the rate. But i don't recommend to add any short position...

Nee_sh Updated 

I placed my short position today at 3.35. If it goes higher, i will consider to add more short. Trade with care.

Nee_sh Updated 

From my last post, i explained my idea about the DXY, and i think USDOLLAR will go higher very soon. Also, FED will add the rate on December. Gold might bounce back a little bit, then we will go to the new low. I will short the pull back and look Gold to 1200.

Nee_sh Updated 

Last night, Trump was voted as the next US president, the gold price just like a rocket, but it comes back after few hours. Not only the gold, S&P and USDOLLAR are also bounced back to their previous position (even higher!). I insist that the US election will not have a great impact on the market, also FED will raise the interest rate on December, So Gold may have...

Nee_sh Updated 

GOLD stopped at 1276 for twice this week. if we have a breakout at 1276, i will long GOLD. If not, we may drop to the previous low. Also, Nov 2 (Next Tuesday), FOMC Rate Decision will be very important. Now USDOLLAR reached its solid top, let's see if it will have a big correction.