Roey_

Roey_

Gold is currently approaching support, but it is not difficult to see from the shape that shorts have an advantage over bulls. The current 30-minute chart shows that multiple tops have formed on the K-line shape, and the highs are constantly moving downwards. In this case, our transactions should be mainly short and supplemented by long, which can reduce...

Roey_

Initial jobless claims are about to be announced. From a technical perspective, the trend of gold today is biased towards the short side, but there is uncertainty in the data. If it is negative for gold, then it will follow the trend and have a sharp decline, and it is expected to fall below 1950. If the data is bullish for gold, there is a high probability that...

Roey_

The 1957 support level is confirmed, and the rebound tests the resistance near 1965. If it cannot break through, it will form a double top pattern. If it breaks through and performs a backtest to confirm that the 1965 support is valid, it will rise again and break through 1980.

Roey_

Today it started to rise after backtesting the support of 1961. Now it faces the resistance of 1974 and is trying to break through. From a morphological point of view, the probability of breakthrough is greater, so the transaction should be to fall back and go long ( 1971, 1969, 1966 ), with the target set at 1979, 1984, 1987.

Roey_ Updated 

Gold is currently back-testing support near 1961-1957. If the support is effective and breaks through the resistance of 1966-1971 during the rebound, its target is likely to be near 1986. This profit is huge, and I hope everyone can grasp it.

Roey_

BTCUSD is now close to the support level. If it does not fall below this support, it will rebound first to test the resistance level. If it breaks through, it will continue to rise and break through the previous high. If it falls below the support, the long transaction should be closed.

Roey_ Updated 

This is the 30m chart of gold. The shape is very similar to the previous decline. The key support is 1943 and the resistance is 1948. If it falls below the support, go short and if it breaks the resistance, go long. If you don’t have time to observe the market, you can find me

Roey_ Updated 

It is now oscillating in the resistance zone, the shape is in favor of the bears, if the news later is also in the bears' favor, then it will fall below 1950-1945

Roey_ Updated 

It broke through the resistance of 1928 and rose to around 1937. There is also resistance here. Now, the support of 1933-1928 needs to be backtested. If the support is valid, it will break through 1940. If the support is invalid, it will return to 1920.

Roey_ Updated 

The CPI will be announced soon, and gold will fluctuate greatly. Technical analysis will not have much effect. The market will return to the technical trend only 1H after the data is released. I plan to go short.

Roey_

The patterns of these two places are very similar. If it cannot break through 1928, we can refer to it for trading

Roey_ Updated 

I trade a lot today, besides gold, there are also USOIL and BTCUSD. In trading, I prefer to observe the 2h chart to determine my trading direction. Now, in my opinion, the 2h chart of gold is more beneficial to short positions, so I plan to focus on short positions in today's trading. From the previous graphics, its resistance is concentrated in 1930-1936,...

Roey_ Updated 

Today, 1H before the release of the data, I told my friends on the channel that I would be short. We succeeded, and the money we earned allowed us to spend a pleasant weekend with our family. Now, the market is around 1910 again, and its resistance is around 1916. In the next time, it will oscillate around this resistance, waiting for the arrival of NFP tomorrow!

Roey_ Updated 

Now, it is inevitable to choose a direction. It has touched 3 times around 1930, and there is no breakthrough, which proves that the resistance is very strong. Another is that the US market was closed yesterday. Today, we will use the resistance of 1930-1933 as a reference. If it cannot break through the resistance, we will be short. The support of 1921-1918,...

Roey_ Updated 

Its shape is similar to an M head (double top), and at the same time, it may also form a head and shoulders

Roey_ Updated 

Folks, we're back to feeling the NFP thrill this week! I'll be posting my views ahead of the data, remember to check, for now, let's trade today's market first. In the 30m chart, its form is a double top, I like to call it M top, its first decline has ended, and a small rebound to test the resistance near 1915, it did not break through, indicating that the...

Roey_ Updated 

Today, gold came to the 1916-1920 resistance zone as scheduled, and it has not yet completed an effective breakthrough. It needs to rush up to 1921-1923, and then retreat to 1918-1913 to confirm the support. When it completes this action and does not fall below 1913 , then, it will rise again next week. Another very important thing is next week's NFP data,...

Roey_ Updated 

Gold is now in an obvious downward trend. After today's decline, the important resistance should be around 1916-1920 tomorrow. Because it fell below 1900 today, the support has changed from strong to weak, so if there is no market tomorrow Bullish news appears, it is likely to be around 1986. Today's plan is very clear, if you are bullish, go long directly, if...