US bonds break new highs. Truce? XUAUSD sell or buy?
Monday's high and fall. Mainly because of the emergence of the black swan:
Bessant (the new US Treasury Secretary) gave priority to maintaining the status of the US dollar as the global reserve currency, and the total US national debt exceeded 36 trillion US dollars. Then the geopolitical "truce" signal.
Objectively speaking: This does have a short-term and drastic impact on the rise in gold prices. Therefore, the gold price quickly fell after the Asian session's high of 2721. The first is weakening demand. The second is that the increase is too high. The third is bad news. Combining these points, it is normal for the gold price to fall by $60.
The gold price in the London market continued to fluctuate and rise at a low level. After reaching the lowest position of 2658, it continued to rebound to 2675 in a few hours. So should it be a time to buy or sell now? George believes: From the current trend, there is still room for rebound in the short term. This is an oversold rebound range. About 2680-2685. Then the New York market opened and fell again. This is the expected trend. Combined with the above news, the impact is huge. Usually the New York market will react more strongly on the chart. So adjust the long-term thinking in the short term and switch to selling at high positions. Observe whether the position of 2685-2690 can be reached first.
The current price is 2675, which is about a dozen points away from the upper position. If you have sufficient funds, you can buy first. After making a profit, sell at a high position. Conduct swing trading. The market changes in real time. So the content shared here is all timely.
Want to get real-time trading precision strategies? Then start by leaving me a message.
GC1! MGC1! XAUUSD GOLD 
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Bessant (the new US Treasury Secretary) gave priority to maintaining the status of the US dollar as the global reserve currency, and the total US national debt exceeded 36 trillion US dollars. Then the geopolitical "truce" signal.
Objectively speaking: This does have a short-term and drastic impact on the rise in gold prices. Therefore, the gold price quickly fell after the Asian session's high of 2721. The first is weakening demand. The second is that the increase is too high. The third is bad news. Combining these points, it is normal for the gold price to fall by $60.
The gold price in the London market continued to fluctuate and rise at a low level. After reaching the lowest position of 2658, it continued to rebound to 2675 in a few hours. So should it be a time to buy or sell now? George believes: From the current trend, there is still room for rebound in the short term. This is an oversold rebound range. About 2680-2685. Then the New York market opened and fell again. This is the expected trend. Combined with the above news, the impact is huge. Usually the New York market will react more strongly on the chart. So adjust the long-term thinking in the short term and switch to selling at high positions. Observe whether the position of 2685-2690 can be reached first.
The current price is 2675, which is about a dozen points away from the upper position. If you have sufficient funds, you can buy first. After making a profit, sell at a high position. Conduct swing trading. The market changes in real time. So the content shared here is all timely.
Want to get real-time trading precision strategies? Then start by leaving me a message.
GC1! MGC1! XAUUSD GOLD BTCUSDT BTCUSD DXY Note
After the members of the fast trading strategy bought at 2675, the gold price successfully reached the expected position of 2685-2690. Then the members continued to add sell orders, and they are still making a lot of profit. But this is not the final goal. The target period of decline is 2673-2668. If you are not a member, but you want to trade, you can continue to sell at the current price to make some profit.Note
Perfect drop. Expand your profits again.Note
BigNote
Don't continue to go long for the time being. After all, the bottom of the gold price has not yet formed. If you are an investor holding multiple positions. A point I think you can focus on. How to quickly solve the problem of long orders or losses? You can leave me a message.
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