In the gold trading strategy today, before the release of the ADP data, I have been reminding everyone not to easily open a long position in gold, mainly to short gold at a high level.Five minutes before the release of the ADP data, I was still reminding everyone that I am more inclined to short gold at a high level. From the perspective of the whole day,...
Today we achieved a comprehensive victory in gold trading We shorted gold in the 1970-72 area yesterday, including chasing gold all the way down during the decline today, and achieved very good returns.Gold has been falling all the way today, and the bulls have no ability to resist, and every time gold rises during the decline is an opportunity to short gold. I...
The trading signal I announced to you today: Xauusd: @1970-72 Sell, TP: 1955 Although gold is currently in a strong rebound trend in the short term, it is clear that the 1970-72 area still has strong resistance in the short term, so the current rebound trend of gold is difficult to continue.In the process of rebounding, it is very easy to have a trend of...
First of all, I want to say that it is definitely not possible to chase more gold above 1980. Obviously, the high point of 1985 must be maintained at least until the end of this week. It is impossible for the 1985 high to be broken this week, and the probability of this is very small. If it is broken here at 1985, then it will look to the upper suppression...
The price of gold broke through the 1970 mark in the European market just now, and once refreshed the 1972 high point. At present, it fell back from the high point of 1972 again in an instant, and returned to the bottom of 1965 for consolidation. First of all, for the U.S. dollar, I currently think that the U.S. dollar is likely to fall here for the last time,...
On Thursday, data showed that inflation was cooling but the labor market remained tight. Gold is currently hovering near a one-month high, reaching a high near 1963. The U.S. dollar index fell below the 100 mark for the first time in 14 months, its lowest level in more than a year, amid expectations that the Fed may soon end its rate hike cycle. The so-called...
I told you in the previous article that once gold stands above 1940, gold is bound to hit 1960-65. The current market is also in line with my expectations, reaching the top range of 1960-65. Judging from the current trend of the gold structure, gold has reached the top position of the head-and-shoulders bottom. It stands to reason that this round of rebound...
Although the bullish potential of gold is strong today, my trading signal of shorting gold at the 1938-40 position also captures short-term profits very well. Now I am not trading gold, because gold is currently fluctuating back and forth between 1930-33, and there is not much profit margin, so I am not trading for the time being. At present, the gold bulls are...
After the release of the U.S. CPI data, gold rose by nearly $15 in the short-term and then fell back. So far, gold has reached a high near 1958. Gold is currently suppressed on the weekly line, and the suppression point of the upper moving average is at 1955-56. As long as the daily line closes below 1955, the market outlook will inevitably continue to pull back....
Today, with the support of CPI data, gold broke through the 1950 integer mark in one fell swoop, and the gold bulls have an absolute advantage. Before the release of the CPI data, I have reminded everyone that the CPI data is not easy to predict, but there is a high probability that it will be bullish for gold, and according to the current structural trend, gold...
I reminded in the previous article that this week is likely to be an opportunity for bulls to set sail, and gold will definitely challenge the 1938-40 resistance area. Clearly gold is moving pretty much in line with my expectations and is currently challenging my expected resistance zone. Well, gold is currently challenging the 1938-40 resistance area and has...
The gold trading signal I announced today is to go long on gold around the 1920 position, and to increase your position on the long gold near the 1916 position. Both have successfully reached our profit target at the 1923 position and achieved good returns. At present, the most important position of gold is still in the 1920-15 area.In yesterday’s article, I...
Yesterday and today, I specifically reminded that gold can be long gold around 1920. Although gold has fallen back, we still have some profits. As of today, the current lowest level of gold has just reached around 1920. The position of 1920 is a magical position, and I am 100% going to be long gold in this position. First of all, from the perspective of the...
Our overall profit last week was very good. In the case of an average transaction volume of 2 lots, we also made a profit of 10K last week. Of course, if your transaction volume is more, the more profit you will definitely earn , indicating that our trading strategy is very effective. After touching around 1935 on Friday night, there was a short-term correction...
The signals I announced today are shorting gold around the 1923 position, shorting gold around the 1927 position, and long gold around the 1902 position, all of which have achieved very good returns. The current trend structure of gold is exactly the same as the line chart in my last article, including the rebound height, so gold is exactly as I expected,...
Today must be a day full of opportunities for the gold market. Gold fell to the lowest line of 1915 yesterday. This round of rebound has basically come to an end, so gold has returned to the bearish trend. Later, the US ADP data and initial jobless claims data will be released, which will affect the gold market, and this is also a very good opportunity for us. ...
The gold trading signal I announced today is to do long gold near the position of 1921-1923, and successfully reached our profit target position of 1928, and achieved good profits. From the perspective of the US dollar, the US dollar has been suppressed around 103.4 and failed to break through. Therefore, from the perspective of space and time, the probability...
The U.S. market is closed today, so the gold market will end early, and it is expected that there will be no relatively large fluctuations during the day. However, the gold long order we bought in the 1910-1912 area today successfully reached our profit target 1918 position and achieved relatively good profits. According to the current trend of gold structure,...