Retrace Complete...but we need 1 more Sweep on Gold!This pullback is what I waited for and it took all week for it to happen. Not sure if I will get the bullish move today being that it is Friday. But if they hit the level I'm looking for I will try at least once. Keeping expectations low since its the end of the week. but things are shaping out for us to have a STRONG bullish week next week.
Commodities
SPY/QQQ Plan Your Trade Update : Finding Confirmation & MoreThis video will become the start of more advanced training videos to help all of you understand how to use your own skills/tools/resources to try to find the best opportunities.
As I state in the video, I will never tell you what to trade. EVER!
It is unethical and illegal. I'm not a broker or financial advisor.
I'm a software developer/trader and I like to try to unlock the secrets of the markets using price action and inference models (and more).
This video teaches you how to use my CRASH INDEX and the SuperTrend indicator as a way to develop better allocation and risk protection skills for your own trading.
Let's face it - trading is about developing a process to consistently GET PROFITS. It doesn't really matter if they are 10%, 20%, 30% or more. If you are able to consistently execute good trades and PULL PROFITS - you will grow your account- right?
So stop swinging for the fences. Learn to develop skills that keep you on the right side of these big trends.
It's not that hard.
In this video I try to teach you to use Daily, Weekly, 240 min, 120 min, 60 min, 10 min, and 5 min data using my Crash Index to help you learn to trade the SPY/QQQ.
The Crash Index is suited for the SPY/QQQ in most cases. There are instances where the Crash Index may reflect some type of counter-trend - so remember to use Fibonacci Price Theory on the underlying symbol (SPY or QQQ) as final confirmation.
And, remember to try to understand primary trending (longer-term trending) vs. short-term trending. If you are going to try to trade a "counter-trend" swing - cut your trade allocation down by 50-60% (or more). Counter-trend swings are usually going against the major/primary trend.
Anyway, watch this video once or twice. I hope it helps all of you understand and build your own skills to trade more efficiently.
The trick is to get it down to a process where you know how to allocate your capital and you know how to confirm/invalidate trade setups/triggers.
Once you get to that point - you turn into a trading machine. The only step of the process that is really difficult to handle/manage is the BOOK IT phase. If you book your profits early - you may feel bad about leaving profits out there you could have had. But, a PROFIT is a PROFIT.
And the goal of trading it to PROFIT more than you LOSE - right?
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Hanzo : Gold15m : Reversal Zone / Next Move is Confirmed🆚 Gold – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
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💯 Main Focus: Bearish After Retest at 3354
We are watching this zone closely.
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👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 3350
• Liquidity Grab + CHoCH at 3400
• Strong Rejections seen at:
➗ 3325 – Major support / Key level x5 Retest
➗ 3360 – Proven resistance
Beyond The Plan Your Trade Videos - Trading Algos/ConfirmationMany of you follow my morning Plan Your Trade videos - and I thank you for your loyalty and dedication.
The Plan Your Trade videos are specifically deigned to highlight my SPY/GOLD Cycle Patterns and, over the course of the past 9+ months, I've started trying to teach all of you Fibonacci Price Theory and the concept of the Excess Phase Peak pattern (and Cradle Pattern).
My goal is to teach you to learn to understand price structures, setups, and actions as a way to try to advance your technical analysis/trading skills.
There are so many others out there trying to teach you to use indicators and other types of analysis to try to identify trading opportunities/setups. Some work, some don't.
Technical analysis using Indicators, Elliot Wave, or other forms of predictive analysis/AI are only about 50-75% accurate at best (IMO). Nothing is 100% perfect.
After 35+ years of trying to unlock the secrets of price action to devise a 100% accurate trading system, the closest I have come is a system that generates about 65-75% accuracy - but still manages to take some losses.
I do believe I can find that 100% accurate system (hopefully before I die). But the reality is it is almost impossible to accurately predict price movement 10-20+ days in advance with any degree of accuracy.
Over the past few weeks/months, we've seen the SPY/QQQ move through various stages/phases.
Over the past 4+ weeks I've been warning of the broad-consolidation phase that is currently setup on the SPY/QQQ. I believe this huge consolidation range is very dangerous for traders and that extreme volatility will create lots of risk/opportunities for those capable of trading within this range.
But, at the same time, failing to take advantage of tools to help traders hedge, daytrade, or otherwise balance allocation/risk levels is something I really don't talk about much.
I like to say "I do the research - you make all the trading decisions".
This video highlights some of my advanced algos and how I use them, in conjunction with the EPP and other patterns, to try to gauge market opportunities vs. risks.
Trust me. I've learned not to GO BIG on trades over the past 20+ years because I've blown up a few accounts trying to get greedy.
Right now, I focus on trying to be on the right side of trends (if possible) and to balance my portfolio in 10-20% increments.
For example, if I believe GOLD is going to move higher, I may start out with a 5-10% allocation into GLD or UGL (start small). If that trade works and Gold starts to make a move higher, I may try to add a bit more to that initial trade. If it doesn't work out, I may try to add a little bit more at a better entry price level - but I focus on not letting that trade occupy more than 15-20% of my total portfolio.
That way, if I take a loss on the trade, it is a small loss compared to the overall account capital.
If I take a 50% loss on a 20% allocation - that is only a 10% loss on the TOTAL ACCOUNT SIZE.
Get it?
So, the reason for this video is to show you how you can still use technical strategies/indicators to try to confirm you intraday trading and swing trading opportunities. I like to use the SuperTrend strategy on charts to identify general trending.
I'm urging you to consider my Plan Your Trade videos as "one component" of your skillset. You need to use your own skills/techniques/analysis to try to manage risks vs. opportunities as you continue to trade.
I highlight some of my algos because they become another "component" of my analysis when I'm trading. If I don't see broad market capitulation related to Daily trending - then I try to stay VERY CAUTIOUS. If I do see some capitulation within my algos suggesting the markets are starting to trend upward or downward, then I may try to take advantage of that opportunity.
Ideally, the process of trading is to use everything you like and can rely on to help confirm you decision-making. Then, fall back to a efficient trade allocation process that attempts to limit your risk level.
The biggest mistake I see people make is to go ALL IN or TOO HEAVY into a trade thinking they can't lose. Yes, you can lose. So can I.
That's why it is important to contain risks and protect capital at all times.
I'll try to create another video showing you how I use the SuperTrend indicator to help confirm some of my intraday analysis for trades.
Get Some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
Silver is Again in the Bullish directionHello Traders
In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET
today XAGUSD analysis 👆
🟢This Chart includes_ (XAGUSD market update)
🟢What is The Next Opportunity on XAGUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
SPY/QQQ Plan Your Trade For 5-8 : EPP & Cradle Pattern UpdateThis video highlights why I continue to stay very cautious of this upward price move in the US markets.
It also highlights that the current trend is BULLISH - not BEARISH. When I post the videos in the morning, I've been selecting BEARISH as the general trend because I believe the markets are going to roll over into a breakdown phase. Until that happens, though, the markets are in a BULLISH price trend - attempting to possibly break above the current Ultimate High.
This is more of an instructional video - trying to show you why I continue to urge caution related to trends and why I belive we may have many months to go before the US markets really start to make a bigger "exit trend" type of move (exiting this broad consolidation range).
The other thing this video should teach you is how to identify EPP and Cradle patterns more efficiently and how to use them.
Ultimately, everything I share with all of you is designed to help you understand price as the ultimate indicator.
If you can grasp these concepts and understand how each phase of price structure presents opportunities, then you should be able to time and execute your trades very efficiently.
As I've stated in the videos, because of family medical issues over the past 60+ days, I've moved away from daytrading and gone back to a 2-5+ week swing trading style.
Simply put, I'm driving all over the place taking care of my family, seeing doctors, and other stuff - so I can't stare at my PC/Phone while the markets are open.
I'm also taking very low risk trades. If I decide to get into a trade, I'm usually avoiding the SPY/QQQ and selecting some SPDR sector (or other ETF) that allows me to play the move I expect without risking a fortune doing it.
Anyway, I hope you enjoy this video. I'll probably create one more after this video posts.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone,
Once again another smashing day on the charts today. After sharing updates and completing targets on our 1h chart idea; please now see update on our 4H chart idea, which is also playing out as analysed.
We started with our Bullish target hit at 3282, followed with ema5 cross and lock opening 3343, which was hit perfectly. We then got ema5 cross and lock above 3342 opening 3404, also got completed. The cross and lock confirmation gave plenty of time to get in for the action.
No further cross and lock with ema5 above 3404 confirmed the perfect rejection, which we are seeing now, with price testing the lower Goldturns for support.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
3282 - DONE
EMA5 CROSS AND LOCK ABOVE 3282 WILL OPEN THE FOLLOWING BULLISH TARGET
3343 - DONE
EMA5 CROSS AND LOCK ABOVE 3343 WILL OPEN THE FOLLOWING BULLISH TARGET
3404 - DONE
EMA5 CROSS AND LOCK ABOVE 3404 WILL OPEN THE FOLLOWING BULLISH TARGET
3439
EMA5 CROSS AND LOCK ABOVE 3439 WILL OPEN THE FOLLOWING BULLISH TARGET
3503
BEARISH TARGETS
3224
EMA5 CROSS AND LOCK BELOW 3224 WILL OPEN THE FOLLOWING RETRACEMENT RANGE
3190
3138
EMA5 CROSS AND LOCK BELOW 3138 WILL OPEN THE SWING RANGE
SWING RANGE
3088 - 3046
EMA5 CROSS AND LOCK BELOW 3046 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
3015 - 2988
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
USOIL:Strategic Analysis on ThursdayThe Ministry of Energy of Kazakhstan stated that the country has no plans to cut oil production in May. The country has continuously exceeded production limits, creating tensions within OPEC+. The Ministry of Energy in Astana said that the largest oil-producing country in Central Asia will have an average daily production of crude oil and condensate of 277,000 tons in May, remaining the same as in April, while the average daily production in March was 260,000 tons. OPEC+ has agreed to significantly increase production for two consecutive months, surprising traders and pushing down oil prices. This move is largely driven by Saudi Arabia, the leader of OPEC, which hopes to punish member states such as Kazakhstan that have continuously exceeded production limits. Crude oil has shown a trend of stabilizing and rebounding at a low level today, stabilizing and rising around $57.7, and showing a volatile upward trend. The key today is whether the upward trend of crude oil can continue to break above the level of $60.6.
you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
Gold XAUUSD Possible Move 📊 SMC Analysis + Trade Signal
Market Structure Overview:
Accumulation: led to strong bullish rally from 3330 to 3435.
Distribution: Multiple liquidity sweeps between 3365-3394
Breakdown: Clean BoS confirms bearish shift from distribution.
Current Action: Liquidity grab at bottom 3320/30 likely a retracement.
🔔 Trade Signal: SHORT
Entry: 3,360 – 3,370 (pullback to supply zone)
Stop Loss: Above 3,380 (last swing high)
Take Profit:
TP1: 3,340
TP2: 3,320
Bias: Bearish
Reason: Distribution + BoS + Pullback to premium
Show your support by hitting follow, support, and boost.
Pay attention to 3360 and go short if it does not break🗞News side:
1. China and the United States hold talks on trade issues
2. India-Pakistan conflict escalates again
3. Geopolitical risks
📈Technical aspects:
At present, gold has fallen below the trend line support. In the short term, we should focus on the battle for 3360. This point is not only the previous support-to-resistance level, but also the key signal for judging the trend reversal. If it cannot hold on to this position, the short trend will continue; if it recovers effectively, it may return to above 3400. Before losing the defensive line (the last starting and falling point) 3360-3362, the bears will still have the upper hand. It just so happens that the 4H lifeline is also in the 3360-3362 area. If the suppression is successful, the price will enter the 3362-3284 area from the lifeline to the lower track.
The rebound layout of the US market operation is short-selling, with the target at 3340-3330, and further support at 3310-3300.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD OANDA:XAUUSD
XAU/USD: Bullish Momentum Builds Near Breakout Zone, Key SupportGold (XAU/USD) is gaining strength after rebounding from trendline support, forming a sharp impulsive move and now hovering near a potential breakout zone. Momentum remains bullish, as the price reclaims previous highs and eyes the upper resistance boundary around 3,495.000.
The structure favors trend continuation as long as price remains above the key support zone at 3,345.000, where trendline and previous day’s high converge. A sustained move above 3,400 could confirm a breakout, but the risk of a false breakout remains.
Currently, the price is consolidating above a critical intersection of trendline and horizontal support near 3,300. This level must hold for bulls to retain control. A bounce from this zone would support a move toward the upper resistance, with the next target at 3,495.000. However, a break below 3,345.000 may invalidate the setup and lead to deeper correction
XAUUSD: 8/5 Today’s Market Analysis and StrategyGold technical analysis
4-hour chart resistance level 3410, support level 3310
1-hour chart resistance level 3380, support level 3310
30-minute chart resistance level 3350, support level 3320.
Trump said that he would hold a "large press conference" at 10 a.m. Eastern Time tomorrow, and may sign a trade agreement with the UK. Therefore, the news affected the gold price.
Russia implemented a ceasefire from 0:00 on May 8 to 0:00 on May 11 local time. The temporary ceasefire between Russia and Ukraine and the repeated situation in the Middle East may support the gold price in stages due to the risk aversion demand.
Recently, affected by the news, the daily operation range of gold is very large. Today, we will first look at the 3320-3360 range of fluctuations in the short term. If it breaks through, follow the trend and strictly stop loss!
Buy: 3323 SL: 3318
Sell: 3355 SL: 3360
More free analysis daily sharing
Sugar Is In A Higher Degree Correction; Elliott Wave AnalysisSugar has been trading lower since 2023 when we spotted final wave V of an impulse on the weekly chart. So from Elliott wave perspective, it’s trading in a multi-year higher degree ABC corrective decline, where wave C can drop the price even down to 78,6% Fibonnaci retracement and 14-12 support area before bulls show up again.
The reason why Sugar can go lower is a short-term daily Elliott wave structure, where we see a five-wave leading diagonal formation into wave A, followed by a bearish abcde triangle pattern in wave B. It can now extend the decline within wave C towards 14 -12 area which can be made by a lower-degree five-wave bearish cycle, just be aware of short-term pullbacks.
GOLD The Target Is UP! BUY!
My dear followers,
I analysed this chart on GOLD and concluded the following:
The market is trading on 3358.8 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 3377.5
Safe Stop Loss - 3352.1
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
Our NFP KOG Report worked pretty well apart from it being a Friday and us closing out positions for the weekend only for the move to complete on Monday. For this FOMC we’ll share the levels and potential reaction points on the red boxes as well as the red box target levels. Due to the range, it’s best to wait for the break and also for them to move the price to where they want, then hunt the trade once price has settled.
We have the immediate support level below 3360-55 which if held can push this upside to break the recent high and that 3480-90 level again. Break of that level we have red box region 3330-20 which is where we could get a RIP but that will give us the flip with potential for the order region 3350-55 to turn into resistance unless broken. For that reason, a down move for now could only give scalps for decent captures on tap and bounces.
3320 is the line in the sand, if broken below we’ll get the long from the 3290-95 region which will come next week.
Note, these days it’s only Trump that manages to move the markets aggressively, so this FOMC is most likely already priced in. Not worth attempting the immediate levels so we’ll rather wait for the extreme levels.
RED BOXES INDI LEVELS:
Break above 3395 for 3406, 3410, 3420, 3430 and 3435 in extension of the move
Break below 3375 for 3370, 3366, 3356, 3351 and 3345 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
SPY/QQQ Plan Your Trade For 5-8 : Carryover PatternToday's Pattern is a Carryover pattern in Carryover mode.
After yesterday's FOMC news (unchanged), the markets are seeking a bit of direction. Bitcoin rallied and INVALIDATED a EPP Flagging pattern. In my opinion this suggests the SPY/QQQ may attempt to move a bit higher after the Fed decision.
Although, I still believe the global markets are reacting to uncertainty and tariff news within a very broad consolidation range. So, I'm cautious of trying to go ALL-IN on any long trades at the moment.
Until we break clear of the consolidation range, price could break strongly to the downside on news or geopolitical content. In reality, any type of big news could prompt a downward price move within an uptrend or a consolidation range.
It just seems as though the current global market environment is fraught with uncertainty - so I continue to stay cautious.
Gold and Silver pulled downward overnight. But I still believe metals will continue to rally - attempting to hedge against global risks.
With Bitcoin rallying a bit higher (still in consolidation) - let's see how the next few days play out.
I would be surprised if BTCUSD and the SPY rallied to new highs before the end of May. VERY SURPRISED given the status of the global markets.
But, the markets can stay completely irrational much longer than I can try to fight them. So we have to move WITH the markets - not against them.
Get some.
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XAGUSD Multi-year Channel Up targeting $40 at least.Silver (XAGUSD) had a strong rebound on its April 07 2025 Low and that maintains the long-term bullish trend as not only did it kept clear of the 1W MA100 (green trend-line) but also rebounded on the long-term 1W RSI Support Zone.
This kept the 2.5-year Channel Up intact and the current structure looks very similar to late 2023 - early 2024 before the Resistance break-out. The Bullish Leg of this Channel Up have so far been identical (+48.93%) so if we repeat that, we can expect Silver to reach $42. We have a more modest Target at $40, which falls exactly at the top of the Channel Up.
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Oil Rebounds to $59 as US Inventories Drop – Reversal Ahead?After recent declines, crude oil futures (CL1!) staged a modest recovery during Thursday’s session, trading near $59.10 per barrel. The rebound comes as US crude inventories unexpectedly dropped, easing concerns about oversupply and providing a short-term lift to prices.
Key Drivers Behind the Rebound
US Inventory Drawdown – The latest EIA report showed a decline in crude stockpiles, signaling stronger demand and helping prices stabilize.
Technical Support Holds Firm – The bounce aligns with a critical daily demand zone, which previously acted as a strong support level on the weekly chart.
Market Sentiment Shifts – While retail traders remain bearish, commercial traders (often considered "smart money") are increasing long positions, hinting at a potential trend reversal.
Traders should watch for follow-through buying to confirm whether this is a short-term correction or the start of a larger reversal.
Bottom Line: Oil’s rebound is fueled by fundamentals (lower inventories) and technicals (strong demand zone). With commercial traders betting on higher prices, the stage may be set for a bullish reversal—if buyers sustain momentum.
✅ Please share your thoughts about CL1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
XAUUSD - Gold trend after FOMC!Gold is trading above EMA200 and EMA50 on the 4-hour timeframe and is trading in its descending channel. A downward correction in gold will lead to buying opportunities from demand zone.
Barclays Bank has issued a warning that the likelihood of an economic recession in the United States is increasing. According to the bank, ongoing uncertainty in U.S. trade negotiations has weakened business confidence and reduced investment activity, which could potentially steer the economy toward contraction.
In a note to its clients, Barclays stated: “The longer this uncertainty drags on without tangible progress in negotiations, the greater the risk of a recession becomes.” While the bank still considers a mild recession to be the most likely scenario, it emphasized that this outcome could be avoided if trade tensions ease.
Barclays also pointed to challenges facing the U.S. stock market, warning that further gains in equity prices will be difficult. The bank cited downgraded corporate earnings forecasts and President Trump’s unpredictable policy decisions as major obstacles to continued market growth.
Meanwhile, investment bank Goldman Sachs reaffirmed its bullish stance on gold, forecasting that the price per ounce could reach $3,700 by the end of 2025 and rise to $4,000 by mid-2026. In the event of a U.S. recession, increased capital inflows into exchange-traded funds (ETFs) could push gold as high as $3,880. Additionally, in risk-heavy scenarios—such as shifts in U.S. reserve policy or concerns about the Federal Reserve’s independence—gold could surge to $4,500 by year-end 2025.
Analysts at CPM Group noted in their assessment that the U.S. government has recently pulled back from some of its tariff threats while also facing legal resistance and declining public support. They added that the release of weaker-than-expected economic data in recent days has raised speculation that the White House may backtrack on some of its more costly economic and political initiatives.
Nevertheless, the firm cautioned that this reduction in perceived risk is likely temporary. “The recent price drop may prove short-lived, as it seems unlikely the government will completely abandon its plans. Rather, those policies may be restructured and pursued with a new approach. As such, the latest dip in gold prices—or any near-term decline—could present a strategic buying opportunity,” they said.
CPM Group bases this outlook on the assumption that the geopolitical and economic forces that have supported gold and silver demand in recent months remain largely intact. Although some recent signals point to easing tensions, there are also indications that conditions could become more volatile later this year.
Finally, the analysts added a seasonal perspective, stating: “We expect gold prices to peak between March and May, followed by a corrective phase through August—a pattern that could pave the way for new highs later in the year. Therefore, another rally in May is plausible, and purchasing during pullbacks—or even at current levels—could be a rational decision in the very short term.”
Gold prices are plummeting, is a bear market coming?🗞News side:
1. China and the United States hold talks on trade issues
2. India-Pakistan conflict escalates again
3. Geopolitical risks
📈Technical aspects:
Today, gold surged to the 3410 line and then ushered in a sharp fall, with the lowest touching near the 3322 line. We also seized the opportunity to notify our VIPs to enter the market, and all VIP members made good gains. At present, gold is still following the news, and the fundamental influencing factors are relatively complicated. Retail investors who trade alone can easily get caught up in the recent gold fluctuations. The gold price fluctuated repeatedly around 3340. The European session focused on the conversion suppression of the 3350-3360 support area. The 4H Bollinger Bands showed a closing shape. If the gold price cannot stand above 3350, then the bulls need to be repaired in the short term before they can continue to rise. The European session focused on the 3350-3360 resistance above and the 3310-3300 support below.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD TVC:GOLD