📊After breaking through 3,000$, gold entered the stage of accelerating to the top. The continuation of the medium-term bullish trend was confirmed, and there is still momentum to explore the 3030-3050 area in the short term. It is necessary to pay attention to the market reaction before and after the Fed's decision. If it fails to effectively break through 3050 and there is a high-level stagnation signal, you can gradually arrange medium-term short orders, with the target of retreating to the 2900-2950 area. It is recommended to adopt an event-driven strategy and strictly set stop loss protection.
📊Fed interest rate decision
--The market expects the interest rate to remain unchanged, and pays attention to the dot plot and the tone of Powell's speech:
--If a hawkish signal is released, it may trigger long profit-taking
--If the stance is dovish, it may help push the gold price to the last wave of highs
📊Time cycle resonance
--The 89th trading day from the low of 2536 (the key node of the Fibonacci sequence)
--Beware of the price forming a stage top near the time window
📊Trend turning signal monitoring
Top confirmation conditions: Daily closing below 2950 or 4-hour MACD top divergence + increased trading volume
Extreme market warning: If a long upper shadow K-line + RSI>85 appears after breaking through 3100, be alert to the risk of reversal
✅Trading strategy
🔰Long strategy: You can go long with a light position in the 2995-3000 area, stop loss below 2985, target 3030-3050
🔰Short strategy: Try shorting with a light position when it first touches 3050, stop loss 3065, target 3020
📛Risk Management
--COT positions: Commercial short positions are at a historical low, suggesting that institutional hedging demand is weakening
--Retail investor sentiment: AAII gold bullish ratio reaches 82% (extreme value area), beware of the risk of long killing long
--Position recommendation: No more than 15% of positions before the Fed decision, and 5% positions can be added after breaking through 3050
🔶The current market situation is in a high-risk state. Trading on your own may result in huge losses. Our professional guidance can help you avoid risks while obtaining continuous and stable profits🤝
📊Fed interest rate decision
--The market expects the interest rate to remain unchanged, and pays attention to the dot plot and the tone of Powell's speech:
--If a hawkish signal is released, it may trigger long profit-taking
--If the stance is dovish, it may help push the gold price to the last wave of highs
📊Time cycle resonance
--The 89th trading day from the low of 2536 (the key node of the Fibonacci sequence)
--Beware of the price forming a stage top near the time window
📊Trend turning signal monitoring
Top confirmation conditions: Daily closing below 2950 or 4-hour MACD top divergence + increased trading volume
Extreme market warning: If a long upper shadow K-line + RSI>85 appears after breaking through 3100, be alert to the risk of reversal
✅Trading strategy
🔰Long strategy: You can go long with a light position in the 2995-3000 area, stop loss below 2985, target 3030-3050
🔰Short strategy: Try shorting with a light position when it first touches 3050, stop loss 3065, target 3020
📛Risk Management
--COT positions: Commercial short positions are at a historical low, suggesting that institutional hedging demand is weakening
--Retail investor sentiment: AAII gold bullish ratio reaches 82% (extreme value area), beware of the risk of long killing long
--Position recommendation: No more than 15% of positions before the Fed decision, and 5% positions can be added after breaking through 3050
🔶The current market situation is in a high-risk state. Trading on your own may result in huge losses. Our professional guidance can help you avoid risks while obtaining continuous and stable profits🤝
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.