Hello ladies and gentlemen! The capital market is always unpredictable. Last week, gold was still falling sharply. This Monday, gold rose directly as I predicted. People who have followed me for a long time know that on Monday, I made it clear that gold will bottom out this week, opening up room for growth. . Gold rose directly after the market opened on...
This week clearly indicated that the gold price should rise to recover the market, and the gold price began to open low bullish ideas near 2330 at the beginning of the week. The first stage of the rise of the target 2350 arrived, and now the price is moving towards the second stage of the rise of 2368 target position, yesterday's public 2347 near the dry price...
The one-hour gold price bottomed out and rose, and the short-term trend continued to be bullish. In the early trading, we went long at the 2336 line. Gold rose as expected and reached 2344 to harvest profits. In the short-term, we gained 8 US dollars in profit! Good start to the week! At present, the bullish position in gold has not ended, and the upward trend...
Unexpectedly strong U.S. economic data made the market uneasy about the outlook for U.S. inflation and interest rates, which in turn affected gold price trends. A business survey released by S&P Global supported the view among many traders that the Federal Reserve is likely to keep interest rates higher for longer. This expectation has heightened market...
There is no right or wrong in the market, the only one who is wrong is you. When you find that the direction is reversed, get out immediately. Don't take chances. Just hold on to the profits, and you can achieve long-term and stable profits. At the beginning of this week, gold directly broke the all-time high and sprinted to the 2450 mark, and then entered the...
This time, unlike four years ago, the surge in gold in 2020 is due, on the one hand, to the sudden epidemic, which has led to market uncertainty about the future, and, on the other, the massive monetary easing by the Federal Reserve. Today, the Federal Reserve has already tightened policy and has been clamoring to raise interest rates. Fed Governor Bowman...
The ups and downs of the market test the deceitful minds of traders. It seems to be going up but it feels like it is going to fall. Most of the time, the market is in such a chaotic state. Investors involved in the transaction have different personalities and moods. Different will cause hallucinations, so most investors choose subjective assumptions in this...
The recent trend can be said to be a small unilateral rise. After this week's daily trend correction, it will quickly make up for it the next day. The energy of the bulls is very strong, and its trend is also very rhythmic! Also on Friday, the price of gold rose close to $50, which also proves the strength of the bulls from another perspective! The gold...
The highlight of Wednesday is the evening CPI data. Data aside, gold's technical picture is a bullish trend. It retreated and corrected on Monday, stabilized and rebounded on Tuesday. The daily cycle still relies on the support of the short-term moving average to move upward. 2277 is already the low point of the retreat. It continues to rise slowly during...
This week, as signs of stabilizing U.S. inflation increased the possibility of the Federal Reserve cutting interest rates as early as September, spot gold was boosted and took the opportunity to rise. On Thursday, it once approached the $2,400 mark, and then began to fall back under pressure of $2,397. The European market continued to fall, and the US market...
CPI and “horror data” spark optimism! Expectations for the Federal Reserve's first cut in September surged, and gold hit a new high in the past month! The U.S. non-seasonally adjusted CPI annual rate in April was 3.4%, down from 3.5% in the previous month. The core CPI monthly rate in April dropped to 0.3% as expected, the lowest since December last year....
On the last trading day, spot gold opened at $2,336. The European market began to fluctuate upward, touching around $2,348. After the opening of the U.S. market, PPI reported negative gold prices, and the market price returned to below $2,338 but did not stay longer as expected and continued to develop in a higher direction. It finally tested the $2,360 level...
There is no difference between me and others, no better or worse than others. The mistakes I make will be made by others, and it is difficult for me to avoid the mistakes made by others. We all live the same life, there is no need to feel inferior or proud. On Monday, as the one-year U.S. inflation forecast exceeded expectations, the U.S. dollar index...
The gold weekly level has formed a "big positive resistance line" pattern, and we are firmly bearish this week. Judging from the 30-minute chart, 2364 was blocked in early trading, and a downward trend has been formed here. In addition, if it is going to fall sharply, it will not give you an ideal short-selling opportunity. The decline may start in advance. If...
The main tone of the gold market this week is centered on the further development of the situation in the Middle East and the escalation of the conflict between Russia and Ukraine. At the beginning of the week, as Hamas and Israel were tense in the Gaza Strip after the peace talks broke down, Russia deployed non-strategic nuclear weapons, and the price of gold...
If the market breaks through 2350, we can take advantage of the trend and move it to the 2410 position, forming a high range of 2330-2410. Gold is currently following this pattern. If we continue to exert our strength, we can go long around the low. According to the current development intensity Gold in the US market has a high probability of impacting 2400...
Gold broke through the unilateral rise after a long period of consolidation, and continued to rise. The technical trend continued to be bullish in the short, medium and long periods. After a long period of consolidation, the daily MACD turned above the 0-axis and once again increased the volume, supporting a unilateral rise. The 4-hour level has since 2275...
Gold has surged higher as a risk aversion in the U.S. market. However, gold has surged higher and fallen twice in the short term. Another inverted V trend is not impossible. After all, the rise is stimulated by risk aversion news and may not continue to rise. The current price of gold is directly short! After gold rose for an hour, it surged higher and fell...