TX-7

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I must remind you that my strategy is very long, but it is rich in analysis and details. Be sure to read it carefully. This is a great learning opportunity and I hope you don’t miss it. 8.2 Sharing of gold strategies and operation ideas With the escalation of the Middle East conflict crisis and the Fed's dovish stance, yesterday's multiple data were bullish for...

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8.1 Sharing of golden strategies and operational ideas This week's gold market can be said to be a trading variety that global investors are paying close attention to. First of all, it is a super data week, coupled with the escalation of geopolitical conflicts again, making investment enthusiasm high. After Israel launched two consecutive political conflicts, the...

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Sharing of gold strategy and operation ideas on July 31 Yesterday, Israel launched an airstrike on the capital of Lebanon, targeting the commander of Hezbollah, which led to an increase in risk aversion. Safe havens such as gold and silver suddenly soared in the case of a decline. This morning, the news that the top leader of Hamas was assassinated in Iran again...

TX-7

2410 is the last line of defense. Before it breaks through, all the rises are just rebounds rather than reversals. The Israeli attack on Lebanon just now can only be regarded as an emergency. The risk aversion caused by the emergency comes quickly and will retreat quickly without follow-up. Therefore, we must not be anxious and pay close attention to the 2410...

TX-7 Updated 

There is not much to say today. What should be said has been explained in yesterday's post. My current strategy remains unchanged. I still maintain a bearish view and will continue to hold short positions. Yesterday I said that it is obvious from the 4-hour chart that gold has formed a head and shoulders top pattern and a plunge is about to begin. As the risk...

TX-7 Updated 

7.29 Gold Sharing and Trading Strategy Last Friday, gold rebounded due to PEC data, and the escalation of the conflict between Israel and Lebanon led to an increase in risk aversion, and the price of gold once rushed to $2,400. However, political risks obviously overshadowed the subsequent Fed interest rate decision. The data reflected by PCE showed that...

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OANDA:XAUUSD TVC:GOLD COMEX_MINI:MGC1! COMEX:GC1! Gold fell back to the 2400 integer mark yesterday, and rebounded under the impetus of two favorable data, and the Indian government announced plans to reduce the import tariff on gold and silver from 15% to 6%. India's increased demand for gold may push up global gold prices, as India is the world's second...

TX-7 Updated 

As expected, gold is now adjusting after a sharp drop last week. Yesterday, under the influence of Biden's withdrawal from the election, the price of gold fell to 2384, but then rebounded to around the 2400 integer mark, and did not form a unilateral market. From the overall trend, the low point is constantly moving down, so we can continue to be bearish in the...

TX-7 Updated 

Gold rose strongly to around 2412 at the opening of the market this week. This is because Biden announced his withdrawal from the US presidential election, which led to the escalation of chaos in the election and caused market concerns. After last week's decline, the shorts have been released. Today, I think there is a high probability of shock adjustment and...

TX-7 Updated 

TVC:GOLD OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! Yesterday, the U.S. dollar index recorded its largest daily gain since June 20, as the July Philadelphia Fed manufacturing index was significantly higher than expected, showing signs of a strong U.S. economy. At the same time, market expectations for a ceasefire agreement in the Middle East have increased,...

TX-7

From the 1H chart of gold, the current price is still above the trend line. Yesterday's bottoming action did not break the trend line, but stepped back to the support of the previous high of 2450 and then rose again. My view remains unchanged. If the trend line is not broken, we will continue to be bullish. As long as it falls back, we can buy at the...

TX-7

TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! OANDA:XAUUSD Our bullish signal at 2365 has reached the entry price, and we continue to maintain the bullish trend. From the gold 1H chart, we can see that the current moving average continues to show a golden cross bullish upward momentum, and the price does not break the 2365 support level. As long as the next trend...

TX-7 Updated 

As I said yesterday, gold will continue to rise if it does not fall below the rising trend line, and there will be a callback demand in the short term. The gold price fell from 2442 to 2430 and began to break through strongly, reaching a new historical high of 2482. Judging from the current market trend, my view remains unchanged. The rising trend line will...

TX-7 Updated 

At present, gold is still rising from a big trend. If it cannot fall below the rising trend line, the gold price will continue its current upward momentum. However, after yesterday and today's strong rise, gold has a short-term correction demand. Only a fall can have better room for growth. It should be understood that today it has risen by $20 from the bottom...

TX-7

The overall performance last week was good and the winning streak was maintained. I hope it can be continued this week. Gold's opening performance today was average, and the upward trend was not as strong as last week. The short-term pressure of 2420 has been unable to break through many times. This is likely to be a signal of peaking. At the same time, the high...

TX-7 Updated 

Yesterday, I felt that CPI would fluctuate greatly, so I did not participate. In fact, it was true. It was sideways before the data, and rose directly from 2378 to 2425 after the data was released. The fluctuation range was very large. With the significant positive CPI data yesterday, the gold price broke through the 2400-point integer mark in one fell swoop....

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Yesterday we successfully touched the TP of 2352 at 2365Sell. From the previous trend, it is not difficult to see that the support of 2352 is still very strong. It has been unable to be broken through 4 times, and this rebound has directly broken through 2365-2370. resistance, the market is turning again, and we must respond flexibly to follow the changes in the...

TX-7 Updated 

From the overall trend of gold prices in recent times, it is a trend of rising first and then falling back. The daily line forms a downward signal of dark cloud covering the top, and the short-term bullish trend has come to an end. At the same time, it rebounded after falling to the second support level of 2352 yesterday, and now it is around 2365. After breaking...