Mia-Signal

Mia-Signal

Gold has once again tested support without breaking it, indicating short-term upward momentum. During the Asian and European sessions tomorrow, consider focusing on low buys, with resistance continuing to be monitored around the 2750-2758 area. The upcoming election news during the US session is likely to have a significant impact on the market, so while seizing...

Mia-Signal Updated 

On Friday, gold prices experienced a slight decline, mainly under the pressure of a stronger dollar and rising U.S. Treasury yields. However, weaker-than-expected U.S. job growth fueled market speculation for a Fed rate cut, cushioning gold’s decline. In October, due to hurricane disruptions and an aerospace industry strike, U.S. nonfarm payrolls saw a modest...

Mia-Signal Updated 

After the initial rebound from a significant drop, it appears the market is ready for a secondary retest of the bottom support range. Keep a close eye on the 2742-2732 support zone. Should prices drop into this range before the data release, and if the data turns bearish, expect further downside with targets in the 2718-2712 range; in case of a stronger bearish...

Mia-Signal Updated 

Today, influenced by negative data, gold experienced a significant drop. After completing the take profit on my short positions, I entered long trades. I believe many of you are in a similar situation, holding long positions in the 2767-2730 range, which has led to our accounts being in a trapped state. However, after such a large decline, a market rebound is...

Mia-Signal Updated 

The market is currently closed. On the 2-hour chart, there are three long lower shadows, indicating strong support below. Although the MACD indicator is facing a bearish crossover, the presence of this strong support suggests a potential for a second surge in volume. Therefore, during tomorrow's Asian and European trading sessions, if the support level in the...

Mia-Signal Updated 

Yesterday, gold prices experienced a significant surge, reaching a high of 2790, which is very close to the psychological level of 2800. In the near term, bullish sentiment is likely to continue probing this important threshold until prices approach 2800. However, it's important to note that due to this substantial increase, market indicators have begun to show...

Mia-Signal

Today, I highlighted the likelihood of a gold pullback near 2754, with support in the 2745-2736 range. As expected, the price dipped to around 2746, delivering solid profits for those who followed this strategy. Currently, DXY shows signs of an uptrend, which could intensify during the U.S. session, likely pressuring gold to drop further. Support remains focused...

Mia-Signal Updated 

I'm not sure if everyone followed the signals before last Friday's close, but if you did, today's trade should definitely be profitable. Currently, after filling the gap from today’s lower opening, gold has once again begun to decline, forming a pattern similar to a double top. While there is some support at the current level, it is not strong. From the...

Mia-Signal Updated 

Yesterday, after experiencing a rebound, gold faced resistance again and pulled back, which is largely in line with our expectations, allowing everyone to achieve good profits. Currently, the short-term trend remains downward. As I mentioned yesterday, we are primarily watching the key support zone between 2718 and 2712. Today, gold touched this support area...

Mia-Signal Updated 

As expected, gold rebounded today, reaching a high of around 2743, and then the price fell again. The shorts who entered at high levels made profits again, and everyone made good profits. The current price is still falling, and the upper resistance is dense. Shorts seem to have become the focus of short-term trading. From the perspective of pattern construction,...

Mia-Signal Updated 

Today's fluctuations in gold have been massive, dropping from 2758 to 2708. Anticipating a decline, I mentioned continuing to short in my initial strategy, but I didn't expect the bears to be so aggressive, driving the price down by $50. Given this situation, even if there are sudden negative news reports today, it's unlikely that gold will drop more than $15...

Mia-Signal Updated 

Today, gold broke through the resistance around 2728 and returned to the vicinity of 2738. Indicators show that resistance remains significant, so I recommend continuing to sell within the 2738-2743 range. If prices continue to rise, I expect to encounter strong resistance in the 2746-2751 range. At that point, the market is likely to experience a pullback, and...

Mia-Signal Updated 

Today, gold prices rose to around 2758 before retreating. From previous trends, there is support around 2748, and the 2743-2738 range is also significant. Currently, the market structure is not favorable for bulls, making support crucial. In terms of trading strategy, I am leaning towards short positions today, with a key entry point at 2756, which I shared...

Mia-Signal Updated 

Recently, due to escalating international tensions, gold prices have soared, leaving Friday’s short positions in a losing state. From a technical perspective, short positions should have started to push back if it weren’t for the news. Currently, the MACD shows a continuous top divergence, but the ongoing war has rendered technical analysis somewhat powerless,...

Mia-Signal

Gold faced significant resistance around 2720, with bullish momentum weakening, which may indicate that the current upward phase is nearing its end. If holding positions over the weekend, I believe short positions are the more prudent choice. Selling can be executed in the 2719-2726 range, with support expected in the 2712-2707 range. If the market shows...

Mia-Signal Updated 

Gold has broken above 2700, followed by a slight retracement. Currently, a potential double-top pattern is emerging. Mid-term indicators still show bullish momentum, but short-term factors favor the bears. The trade strategy is to continue shorting. If the price reaches the 2718-2724 range, increase short positions, with a target near 2700. Double-Top Pattern:...

Mia-Signal Updated 

Yesterday, gold successfully held the support level between 2668 and 2663 during its pullback and subsequently began a consolidation and upward trend. As highlighted in my previous analysis, the strategy was clear: if the price held above this support, we would go long; if it broke below, we would wait for a rebound to go short. If you followed this analysis, I...

Mia-Signal Updated 

After forming a head-and-shoulders bottom pattern, gold has not broken the support level at 2656 and subsequently surged to around 2680. Currently, there is a need for a pullback in this pattern. Traders can initially take a short position, monitoring the support in the 2668-2663 range. If this support holds, consider going long; if it breaks, wait for a rebound...