Allen_Ex

Allen_Ex Updated 

Hello everyone, welcome to Allen's strategy column. Yesterday I shared with you today's trading plan, focusing on the resistance from 1974 to 1989, and also talked about the trading direction. I am more inclined to rise. The market is in line with expectations. The support was tested during the Asian and European trading periods, with the lowest at 1961.It has...

Allen_Ex Updated 

Hi guys! Have a nice day and now we move on to trading gold. On the 30-minute chart, the bottom pattern is in place and it is trying to break through the resistance of 1948-1953. Once completed, it will return to around 1963-1965. Support us to pay attention to 1943-1939.

Allen_Ex

Hello everyone, welcome to Allen's strategy column. Today's CPI bullish gold has brought us huge profits. Judging from the existing trend, tomorrow's Asian and European market will focus on the support of 1953-1947. Of course, it would be best if it can not fall below 1957 , at the resistance level, we mainly consider the European and American trading time...

Allen_Ex

I traded a long gold order today. I believe that friends who followed me must have made money, and the profits were good. My signal is to go long in the 1947-1941 range, with TP set to 1953, 1957, and 1963-1967 respectively, and all goals are completed. If you missed today's transaction, it doesn't matter. In the future, I will share some trading signals...

Allen_Ex Updated 

1973 is the current key resistance, and if it breaks through, it will rise to 1979-1983. If it cannot be broken through, the support of 1969-1963 is very important. If it does not fall below, it will have a chance to return to 1973 I have posted the trading signal on the channel, if you need it, please go there to see it

Allen_Ex Updated 

Gold is now in the resistance and support range, and now the focus is on the resistance of 1963-1967. If it can break through, it will return to above 1980, or even 2000. If not, then it is likely to be a new head and shoulders pattern. The bottom is 1952-1943-1934 in turn. Therefore, our transactions can be carried out around this point of view.

Allen_Ex Updated 

Rebound resistance 1952, if it can find support in 1952-1955, then it has a chance to test the resistance of 1963, If no support is found, then the probability of returning to 1943 is very high. When the support of 1943-1941 is also lost, the next step is to test around 1936-1933, so the key now is whether the area around 1952 can be recovered. There will be...

Allen_Ex Updated 

Last week's API data showed a very large gap between the expected value and the announced value, but the market reaction was not so large. It should be due to doubts about the data. In addition, the crude oil volume announced today is bullish for the market. So although today's API crude oil inventory data is bearish for the market,but the market rallied. Now...

Allen_Ex

I regard it as a head-and-shoulders pattern, and the vicinity of 1985 is the key resistance level, so I reasonably believe that it needs to backtest the support and use the support to decide whether to return to 2000.

Allen_Ex Updated 

Yesterday, it pulled up quickly after falling, and after returning to the top of 1950, it tested the support of 1951 many times and did not fall below. At that time, I reminded on the channel that it might be going up. Today, it came above 1960. The key support is 1957, and the backtest is not broken. It will go above 1970 and may eventually test around 1980....

Allen_Ex

75-75.6 has strong resistance, we can be short.

Allen_Ex Updated 

Last week, it continued to oscillate in the 1950-1963 range. So far, the support around 1950 still exists, and the resistance is concentrated in the 1958-1963 range. In the case of a long-term sideways market without breaking, the probability of the market going down is relatively high. So the trade should be short rallies.

Allen_Ex Updated 

It first formed a head-and-shoulders bottom, then started to rise, and then continued to oscillate near the resistance until now. 1955-1952 is support, but the strong support should be around 1943. I think this will be a watershed between long and short.

Allen_Ex Updated 

It has fallen below the support of the middle rail of the Bollinger Bands, and the trend of the Bollinger Bands has turned short. It is a high probability event that it falls below 1950. When it rebounds, it cannot recover 1955, and it will continue to fall to around 1943.

Allen_Ex Updated 

Today's CPI is bullish for gold, gold has soared, and now it has fallen back. There is support in 1941, and there is also support in 1939-1933. Under the bullish trend, l backtest support is an opportunity to go long. Resistance in 1966-1972.

Allen_Ex Updated 

Today, the EIA is negative for oil, but it has not fallen much, which shows that the bulls are very strong, but now the technical analysis is expected to test the trend line. When it is confirmed that it is still valid, there will be more motivation to rise.