In the past day, gold reached a high of around 2364, just one step away from the resistance. Today's focus is still on whether the resistance is broken or not. Judging from the current market situation, I still want to try the resistance. It depends on whether I can accumulate enough bullish power in the 2347-2334 range during the backtest. If I can, then...
Gold currently continues to focus on the resistance near 2368, which is the focus of the current trend shift, so if you are trading in the general trend, this position cannot be ignored. If it cannot break through 2368, bulls may counterattack at any time, so the risk of going long at a low level is relatively small. But once it breaks through 2368, you need...
Gold began to rebound after falling to near the starting point of this rise. Now it is approaching the resistance level, the indicators have begun to weaken, and it is facing another direction choice. If it breaks through, there will be a large rise, followed by a downward trend. If it cannot break through and falls back first, it means there is another chance...
The current shape of gold is similar to the head and shoulders. Analyzing the shape combined with indicators, there is a high probability that it will rise first and try resistance. Therefore, the trading strategy continues to be long first and then short, focusing on the 2358-2369 range. If a head and shoulders are formed, a decline to 2280 is inevitable. At...
Gold continues to fall. It has dropped nearly 60$ from 2410 to now. The current main support is around 2352. The trading is long first and then short. On the rebound, focus on the resistance near 2378. There is data today, please pay attention to risk control when trading during U.S. market time. Friends who want to follow my trading data, please contact me in advance.
After falling below the support, it fell rapidly. It has now reached the support platform and the rebound resistance is near 2400. The probability of a direct rise is unlikely, so we continue to focus on shorting after the rebound. The lower support first focuses on the vicinity of 2378.
The price is close to the support and is currently rebounding after a decline. The focus today is to observe whether the support is effective and whether the small-level resistance can be broken. Before that, trade around the 2400-2427 range. If the resistance cannot be broken through and falls below the support, then the short-term rise will be over, and the...
Gold has reached a new all-time high, and the power of the bulls has not yet been completely exhausted. Usually, after a new high, there will be some resistance to the rise. However, judging from the current trend, if the support is effective, it is likely to reach a new high. The difficulty of transactions will increase as volatility intensifies in the near...
Pay attention to the strong resistance near 2392-2403. There is a high probability of stepping back to support.
Gold focuses on observing the support near 2358. If it falls below, there is a high probability that a double top pattern will appear, and the price will return to the 2347-2333 range again. When it cannot break the 2347-2353 resistance, the next space will be the 2318-2307 range.
The current chart pattern of the large level (4h) is in a short trend. After the small level has fallen, there is a rebound demand, so this week's trading focus is mainly on short selling after the rebound. Friends who want to catch the rebound market should pay attention to risk control and it is best not to be too greedy! The short target will first look at...
Gold hits the resistance level, and the indicator needs to be repaired. Go short first and pay attention to the support near 2352. Go long if it does not fall below. The rebound resistance is near 2368-2373. If it cannot reach the breakthrough, go short again, with the target near 2343-2337
Judging from the graph, there will be another decline, and there is a high probability that a strong support will be formed near 59500. I have marked the approximate position on the graph. After the price reaches this point, start going long, rebound to near the upper resistance, and take profits in batches. Pay attention to risk control during the...
There is a high probability that the Asian session will rise tomorrow, so if you want to trade in the Asian session, you can go long on gold first. First look at the area around 2327-2332, where there is resistance, followed by 2336-2343. The probability of breaking through this position is not high. If you really want to break through, you must first test the...
If gold breaks through and stabilizes above 2327 tomorrow, consider the 2338-2345 range. At that time, the probability of a fall back is high, and you can choose to short. If it falls below the support near 2335, the target can be set near 2328. If it encounters resistance near 2335 and cannot break through, first consider the support of 2327-2323. If it falls...
Hi guys, my family and I traveled for two weeks for my father's birthday. I hope everything is going well for everyone in these two weeks! Gold successfully reached our target of 2280 on Friday. This time the profit is very good. At present, from the perspective of the pattern and indicators, there is a need for a rebound, so you can start to go long at a low...
After a sharp rebound, the rise has slowed down near the resistance level. The indicators need to be repaired. Pay attention to the support between 62000 and 61300. If the support is effective, go long. For the current transaction, shorting is safer and the probability of making money is higher.
Gold fell again at the opening of Monday. Currently, the support is at 2286-2278, and the resistance continues to be observed near 2313. The focus of this week's trading is to short at high levels, with the final target near 2218. If the shorts are strong and fall below the support near 2278, strong support will appear in the range of 2274-2269 in a short...