Reliable_Trading

Reliable_Trading 2 hours ago

Since the first article yesterday, I have said that we should be alert to the risk of callback in the last two days of this week. As expected, the price of gold has fallen to the integer mark of 3000, and we have also ushered in the 4th consecutive victory of shorting gold. The support near the integer mark of 3000 is definitely relatively strong, which is why I...

Reliable_Trading Updated  4 hours ago

In yesterday's article, I reminded everyone to be wary of the callback risk in the next two days this week, and gave a short selling range of 3045-3050, and finally closed the position at 3027 for profit. When the gold price rebounded again, I again gave a sell range of 3040-3045, and hit the take profit at 3030. When it rebounded again in the evening, we sold in...

Reliable_Trading Updated  5 hours ago

In the previous article, I reminded everyone to be alert to the risk of callbacks, and led everyone to sell at 3045 and close positions at 3027, with a very good profit margin. As of now, it is a very correct decision for us to close positions at 3027 in advance to lock in profits. The current price has rebounded to 3042. However, don’t think that the short...

Reliable_Trading Updated  10 hours ago

At present, gold is still struggling in the range, but the hourly chart shows an obvious head and shoulders trend, with the head at 3057, the shoulder at 3045, and the neckline at 3022. Once the hourly chart stands below 3022, the market is expected to fall further to the 3000 mark. Only if it falls below the 3000 mark can it fall better!!!

Reliable_Trading Updated  Mar 20

The overall effect of this Fed interest rate meeting and Powell's speech was significant, boosting the falling US stocks, and the continuous rise of gold during this period is releasing this positive impact, and there is a great possibility of early digestion. At present, the bullish sentiment of gold is still rising, but I am negative about whether this sentiment...

Reliable_Trading Mar 19

ETH Technical Analysis and Trading Strategies – March 19 Market Overview: On the daily chart, ETH closed with a small positive line yesterday, continuing the short-term rising pattern. However, the price is still below the moving averages, and despite the golden cross signal, the fast and slow lines are still below the zero axis, indicating a lack of strong...

Reliable_Trading Mar 19

BTC Technical Analysis & Trading Strategy – March 19 Market Overview: This week, Bitcoin (BTC) has remained in a consolidation phase, exhibiting an alternating bullish-bearish daily pattern. Despite the formation of a golden cross on technical indicators, BTC has failed to break new highs or sustain its upward momentum. Over the past two days, price action has...

Reliable_Trading Mar 18

As the United States hits the Houthi armed forces hard, the situation in the Middle East heats up again. After two days of volatility, gold has reached a new high today, and the historical high has been refreshed to 3028. Since the 3000 integer mark has been officially broken, the bulls will definitely follow suit, so the bullish trend is certain, and I only need...

Reliable_Trading Mar 17

In last Friday's article, I said that there is no reason to chase the 3000 integer mark, and I also compared the pros and cons of long and short with you. Then the gold price fell back to 2980 as expected, and the friends who followed my copy trading all made good profits. From the 4H chart, the current 3000 points are at the top position, and the possibility of...

Reliable_Trading Updated  Mar 14

Due to the dual push of trade war panic and expectations of a rate cut by the Federal Reserve, gold has experienced a surge. While constantly setting new historical highs, it has reached the 3000$ integer mark in one fell swoop. Trump's tariffs have become a key driver of gold's safe-haven buying. A global trade war is escalating as Trump threatens to impose 200%...

Reliable_Trading Mar 13

My view has been bullish recently. We seized the opportunity in the previous rise and made profits many times, but we didn't catch the big rise today, which is really regrettable. When the gold price was weak at 2948, my plan was to wait for the gold price to fall back to support 2930 before intervening, but I didn't expect that it would suddenly start a violent...

Reliable_Trading Mar 13

Yesterday, our strategy was to wait for the pullback support before buying, and the result was very good. Gold fell back to the support range of 2902-2908 as expected, and then continued to rebound. Now the price has reached 2948 OANDA:XAUUSD , which is infinitely close to the historical high of 2956. During this period of time, my view has always been bullish,...

Reliable_Trading Updated  Mar 12

Gold Market Update & Trading Strategy Since yesterday’s rebound, gold has been consolidating at higher levels without significant volatility. As I mentioned before, failure to hold above $2920 would lead to a minor pullback before continuing its upward move. This scenario has played out as expected—gold retraced to $2909 before rebounding to $2925 OANDA:XAUUSD ...

Reliable_Trading Updated  Mar 11

Gold Market Analysis & Trading Outlook Gold experienced a pullback yesterday, finding strong support at the key defensive level of $2880, which led to a strong rebound. However, the price is now facing resistance again at $2920. Our long positions have already been closed for profit, and we are preparing for the next trading setup. I expect gold to go through a...

Reliable_Trading Updated  Mar 11

Market Dynamics and Gold’s Price Action: Yesterday, the sharp declines in U.S. equities and Bitcoin significantly increased market liquidity. As a result, some investors liquidated their gold positions to reallocate capital into these markets. This shift led to a short-term decline in gold prices. However, gold found strong support at the Fibonacci 0.5...

Reliable_Trading Mar 10

Gold has just stepped back to the support range of 2890-2900 and rebounded again. In the last article, I said that stepping back on the support is a buying opportunity. Now the gold price has rebounded to around 2910. Friends who followed this view have made money. From the previous trend, the primary resistance above is 2920, followed by 2930. If it can stand at...

Reliable_Trading Updated  Mar 10

Recent Market Observations: We have noticed a consistent decline across multiple asset classes, including the U.S. dollar, U.S. equities, and even Bitcoin. One of the primary factors contributing to this downturn is the uncertainty surrounding Trump’s tariff policies, which lack transparency and are subject to frequent changes. This unpredictability has led to...

Reliable_Trading Updated  Mar 9

The market under NFP influence presents both opportunities and risks! And it is precisely because of risk that profit exists—there is no such thing as risk-free returns. As long as we manage risk effectively, we can maximize profitability. The February U.S. Non-Farm Payrolls (NFP) report has been released as expected, with the unemployment rate rising to 4.1%,...