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Interpretation of gold short-term operation ideasAfter a surge in the morning, gold was suppressed and fell again in the afternoon and has been in a narrow range of fluctuations! Evening operation ideas: If the European session does not continue the Asian session's pull-up and continue to strengthen, the probability of evening fluctuations will increase. After a sharp pullback, it is not easy for gold to turn strong in the short term, so before yesterday's opening is broken, the possibility of continued pullback will increase! Short-term suppression of the US market: 3330-35, look at a high and then fall Support below: 3310-3300-3293 Data reference: The Federal Reserve will release the Beige Book of brokerage conditions at 2 a.m. Trump will sign an executive order at 5 a.m.
TVC:GOLD
by AIan_Gold
4
Gold re-surged at $3,400. China denies tariff negotiations with International gold prices rebounded as investors bought on dips after a sharp drop in the previous trading day, while the market focus remained on U.S.-China trade tensions. As of press time, spot gold rose 1.6% to $3,340.79, reaching a high of $3,367 in the Asian session. Gold fell more than 3% on Wednesday, the biggest one-day drop since late November last year. In addition, the decline in the U.S. dollar index made dollar-denominated gold cheaper for overseas buyers, which also supported gold prices. Quaid's analysis: Although the White House has repeatedly released signals this week that relations with Beijing may ease, China said on Thursday that there are currently no ongoing negotiations with the United States on tariffs. China's strong attitude also affects the current trend of gold. In addition, the data released by the United States today on the number of initial jobless claims in the United States for the week ending April 19 and the monthly rate of durable goods orders in March also directly guided the trend of gold. Quaid believes that the current trend of gold is still in an upward stage; gold is still supported by many favorable factors, and the "gold bulls" may eventually break through the $3,500 mark firmly. Quaid recommends the operation strategy: 3335 long, 3330 stop loss, and look up to 3380. Every decisive decision is paving the way for account value-added. Every decisive decision paves the way for account appreciation. Trust your own judgment, and gold will crown you.
OANDA:XAUUSDLong
by Quaid-1
Technical analysis of short-term gold operationsGold rebounded to $3,339 and fell back after encountering resistance. It accelerated its decline after the opening of the U.S. market. After falling to $3,260 and stabilizing, gold began to rebound, and was still suppressed by the integer of $3,300 until the closing. Gold broke upward at the opening of Thursday, rising to $3,367, and fell back to $3,314 after encountering resistance and stabilizing. It is currently trading at $3,337. Overall, gold further retreated to $3,260 to stabilize, and rebounded to $3,367 and encountered resistance, which is basically consistent with the lower space of $3,250 and the upper space of $3,385 given by us. Gold rebounded after hitting a new low in a week on Wednesday, mainly because Bessant said that tariff negotiations will not start soon and will be conducted at the current trade level between China and the United States. Trump did not propose unilateral reductions in tariffs on Chinese imports and denied any upcoming tax cuts, which increased uncertainty and caused some safe-haven funds to flow back into the gold market.
TVC:GOLD
by AIan_Gold
2
Gold surged and then fell back to fluctuate, pay attention to 33 The first goal of trading is survival, and the second is profit. 📌 Driving events After experiencing the biggest drop in five months, gold prices rose on Thursday (April 24) and returned to above the 3300 mark. After US President Trump hinted that tariffs on China might be reduced and expressed no intention to remove Federal Reserve Chairman Powell, the market's risk aversion has cooled down. Gold hit a high of $3,367 during the Asian trading session, which can be regarded as ice and fire! 📊Comment analysis For participants in the gold market, the impact of this price plunge is self-evident. The stock prices of gold mining companies have fallen accordingly, and the production capacity that expanded in the early stage due to the rise in gold prices may face the risk of shrinking profits. At present, gold is under obvious pressure from above, and what needs to be paid attention to now is that the current round of gold adjustments is likely to continue, which means that it is not time to buy the bottom yet! 💰Strategy Package Except for the early morning wave, the strength of the hourly line rebound is actually somewhat weak. As for the European session, Labaron is more inclined to continue to be bearish, and the current first round of rebound pressure is around 3350! If the rebound is in place, you can continue to try short orders! ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
1
Is gold about to peak? Is the bull market still there?In fact, it is normal for a strong bull market to have a rapid washout. The logic of the bull market is not Trump's call to Powell. Trump's tricky operation is only a plus for the rise of gold, not a must. The logic of the rise of gold is that the repayment ability of US debt is questioned and the hegemony of the US dollar is challenged. The fact of the long-term fiscal deficit of the United States and the visible growth of US debt are the real driving forces. As the International Labor Day is approaching, the bulls in the Asian market often choose to leave or reduce their positions in order to reduce warehouse interest and realize profits, which will cause a phased downward adjustment. In other words, from the perspective of the future, the underlying logic of the bull market has not changed. Holders of physical gold do not need to worry too much. They are optimistic about the strong bull market of gold in the future. The decline is often an opportunity to get on the train again. In the past, they waited for adjustments, and after adjustments, they were afraid that the bull would be gone, which made them worried about gains and losses. Technical analysis: The current gold price is in a stalemate stage of long-short game. On the one hand, the path of the Fed's easing policy has been basically clear, and the US dollar is facing correction pressure; on the other hand, the stable global risk sentiment and the strong performance of the stock market have weakened the attractiveness of gold as a safe-haven tool. The repeated signals of global trade negotiations have also made the market direction unclear. From a technical point of view, gold has received support after the correction to the 26.3% Fibonacci retracement level near 3317 this week, and has returned to above $3,300 in the short term. The upper resistance focuses on the position of 3360. Once it breaks through, it will open up the space leading to the 3400 mark. Quide Strategy Analysis: After the early Asian market rose, it fell back and fell below the support levels of 3351 and 3330 analysis. Now the market rebounded near 3325, which is also in line with the trend of pulling back and forth. In the big trend, the gold rally did not exceed 3380, so there is still downward demand, that is to say, it can only be regarded as a rebound on the way down. In the short term, this wave of gains stopped at 3367. Now it broke through 3351 and pierced 3316 to rebound. The main focus on the upper side is the support-to-resistance level of 3350. With 3350 as the protection, go short to see the gold price break through 3314. If it breaks down effectively, it can move down to see the turning point of the rebound between 3283 and 3260. On the whole, in terms of the short-term operation strategy of gold, Quide recommends rebound shorting as the main strategy and callback longing as the auxiliary strategy. The upper short-term focus is on the 3360-3370 line of resistance, and the lower short-term focus is on the 3310-3300 line of support. Market trading signals are fleeting. Market trading signals are fleeting, and Quaid hopes that traders will seize every trading opportunity and become ace traders in the gold market.
OANDA:XAUUSD
by Quaid-1
Gold fluctuates in a wide range, and the short-term trend is upwGold fell by $240 in two trading days, but the rebound was also very fierce, from yesterday's low of 3260 to 3367 in the early trading. The current volatility is still very large. The high and low points of $100 often appear, and it is normal to fluctuate by dozens of dollars. So pay attention to the market. There is no shortage of opportunities. Just grab what you can grasp. The daily cycle has stepped back to the MA10 position. It has entered a critical stage. If the bulls recover, the strong rhythm is still there. It is too early to say that the peak has been reached. Pay attention to follow the market and don't be stubborn. The short-term resistance is 3386 and the 618 position of the decline and rebound is 3408. It is recommended to wait and see in the European session and look at the trend. Intervene in the US session.
TVC:GOLDLong
by AIan_Gold
1
Gold profit taking continuesThe gold market opened at 3337.5 yesterday due to the profit-taking of the previous day. After the market fell back to 3315.6, the market rose strongly to fill the gap. The daily line reached a high of 3386.7 and then fell strongly. The daily line reached a low of 3259.6 and then the market consolidated at the end of the day. The daily line finally closed at 3287.9 ​​and the market closed with a long upper shadow line. After this pattern ended, today's market continued to be empty. In terms of points, the short positions at 3496, 3468 and 3442 the day before were reduced and the stop loss was followed up at 3400. SELL:3340 45 50 Stop loss: 55 TP1:3330 TP2:3320 TP3:3300
TVC:GOLDShort
by AIan_Gold
1
XAU/USD(20250424) Today's AnalysisMarket News: The United States hit a 16-month low in April. The total number of new home sales in the United States in March was an annualized to a new high since September 2024. Technical analysis: Today's buying and selling boundaries: 3311 Support and resistance levels: 3436 3389 3359 3263 3233 3186 Trading strategy: If the price breaks through 3311, consider buying, the first target price is 3359 If the price breaks through 3263, consider selling, the first target price is 3233
OANDA:XAUUSDLong
by Toml1314
Early Asian session. Latest market analysisIn early Asian session, spot gold rebounded slightly and is currently trading around $3,345/oz, supported by bargain hunting. The U.S. session continued its trend of retreating from record highs, falling nearly 3%, hitting a low of $3,260.08/oz and closing at $3,288.18/oz. People familiar with the matter revealed that the Trump administration is considering reducing tariffs on imports from Asian powers, adding that any action would not be unilateral. Quaid Analysis: People are very relieved about the possibility of negotiations between major powers, and we are seeing this trend have a significant impact on the market. Driven by central bank buying, tariff war concerns and strong investment demand, gold prices have risen by more than 26% since the beginning of 2025. A large number of long orders are facing profit-taking needs, and investors need to beware of the risk of further correction in gold prices. From a technical perspective, gold prices hit $3,500, soared before this level, and then reversed sharply, which increases the risk of further correction in the short term. The preliminary monthly rate of durable goods orders in the United States in March and the number of initial jobless claims in the United States for the week ending April 19 will be released on the Asian trading day. Investors need to pay attention to them. In addition, they need to continue to pay attention to the relevant news on the international trade situation and the geopolitical situation. Action suggestions: Go long at 3345, stop loss at 3340, watch 33380 If Quaid's analysis can help traders, then Quaid will be very happy.
OANDA:XAUUSD
by Quaid-1
Gold once fell below the 3,300 mark, can it rise again? 📌 Driving Event Spot gold (XAU/USD) once fell below the 3,300 US dollar mark, a significant correction from the previous historical high of nearly 3,500 US dollars. The market's risk appetite has increased, making the attractiveness of safe-haven assets weakened in the short term. However, repeated news about the direction of US policy and the Fed Chairman's movements may still affect the market in the medium and long term. 📊Comment Analysis From the perspective of market sentiment, the strong rise in gold prices in the early stage mainly relied on safe-haven demand and speculation about subsequent monetary easing. However, the short-term trend has led to some profit-taking in safe-haven assets due to the recovery of the equity market. This change in sentiment reflects the current market's optimism and caution about the US macroeconomic environment: once risk appetite weakens again, gold may be supported again; if risk appetite continues to rise, gold prices may continue to retreat. Overall, the market is in a state of repeated game, and sudden news can easily lead to large fluctuations in gold prices, and we need to continue to pay attention to the evolution of risk sentiment. ✅ Outlook for the future Short-term outlook: In the case of short-term technical continuation signals, gold prices may remain weak, and the support around $3,300 and $3,230.00 is worth paying attention to. If volatility further increases, it is not ruled out that prices will rebound quickly or bottom out rapidly. Medium- and long-term outlook: The upward structure at the daily level has not been completely destroyed. If the uncertainty of US policies increases or economic data is weak in the future, it will once again drive the recovery of safe-haven demand. Gold prices may still regain their upward momentum and hit $3,500 or even higher. On the contrary, if the equity market continues to strengthen, gold prices will face deeper correction pressure. ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose a lot size that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDShort
by Labaron
2
Gold "skydived" from $3,500, where will the landing price be?Fundamental analysis: the game between policy signals and safe-haven demand From a fundamental perspective, Trump's moderate statement is the core driving factor of this round of gold correction. However, as tariff expectations cool, investors are beginning to reassess the attractiveness of risky assets. The three major U.S. stock indexes closed higher on Tuesday, and the 10-year U.S. Treasury yield fell slightly, indicating that the market's confidence in the economic outlook has recovered. Against this background, the safe-haven premium of gold has been weakened, and profit-taking has accelerated. In addition, the Fed's policy expectations are still an important variable affecting gold. At present, the market generally expects the Fed to continue to cut interest rates in 2025, but the pace and magnitude depend on inflation data and economic performance. If the expectation of interest rate cuts further heats up, the US dollar index may be under pressure, thereby providing some support for gold. Technical analysis: pullback pressure and key support The gold price fell below the support of $3,300, and the next key level points to $3,282, which coincides with the low point on April 17. If the decline continues, $3,150, as the pivot point in early April, will become an important defensive line for bulls. On the contrary, if the price stabilizes and rebounds, the pivot point of $3,415 will be the first resistance level, and further upward movement needs to pay attention to the higher resistance of $3,464. It is worth noting that the current price is far away from the resistance level of $3,415, and the rebound momentum may be limited in the short term, unless new fundamental catalysts appear to push the RSI back to the overbought area. Quaid's comprehensive analysis: The gold market has entered a consolidation phase after a rapid rise, and short-term correction pressure still exists, but in the long run, safe-haven demand and fundamental support remain solid. Quaid recommends that traders pay close attention to US policy trends, the trend of the US dollar, and the performance of key technical levels to grasp the market rhythm. At the same time, Quaid will always pay attention to international news so as to make timely analysis and suggestions for traders; to help traders get out of the current predicament.
OANDA:XAUUSD
by Quaid-1
Gold continues to pull back to the turning point!!!In the 4-hour chart, the price found support near the 3284 area (the recent swing low) and rebounded. Buyers stepped in at this position and set risk below this support level in an attempt to push prices higher again. Sellers hope that the price will fall below this level to push the price further down to the 3167 area. 1-hour chart On the 1-hour chart, a short-term downward trend line can be seen, which is currently limiting the market's bullish sentiment. Sellers may establish positions near this trend line and set stops above the trend line with a target of 3167.
TVC:GOLDShort
by AIan_Gold
Gold is falling wildly, is a key position coming?As of press time, spot gold has fallen wildly to below the support level of $3,300, having hit a record high of $3,500.05 the previous trading day. At present, gold has fallen more than 5% from its historical high, and the fundamentals seem to be changing. Quaid believes that gold has reached a key "turning point". After a strong rebound, the precious metal not only gave up all its gains, but also fell to a new low. The sharp rise in gold prices is mainly due to the market pricing of "stagflation" risks, but as this risk is gradually eliminated, gold may experience a significant correction, especially considering that "long gold" has become one of the most crowded trades in the market, and its parabolic rise is an obvious signal. From a larger cycle perspective, gold is still in an upward trend, because the real yield may continue to decline against the backdrop of the Fed's easing policy. But in the short term, if good news about tariffs continues to be released, gold prices may fall further, and the market will adjust according to the new environment. Daily chart analysis From the daily chart, gold has given up all of Monday's gains. From a risk management perspective, buyers may look for a more cost-effective entry position at 3290 in the hope of further gains, while sellers hope that prices can break further down, thereby increasing bearish bets. 4-hour chart analysis In the 4-hour chart, prices found support around 3300 and rebounded. Buyers intervened at this position and set risks below this support level in an attempt to push prices higher again. Sellers hope that prices fall below this level to push prices further down. Quaid's analysis: The current market is crazy. If it can fluctuate and adjust around the 3300 support level, the downward trend will stop and it may rise to 3400. If this support level fluctuates and falls, it may plummet to around 3150. Traders can wait and see for a short period of time before trading. I hope Quid's analysis can help you get out of your current predicament. I also wish that all traders can fight for their own money waves in the market and achieve financial freedom under Quaid’s advice and analysis.
OANDA:XAUUSD
by Quaid-1
GOLD: Two Prominent Buying Areas to buy Gold From!Hey there! So, gold took a dip after hitting the $3500 mark, and it’s now at $3370. But here’s the thing, we think it might bounce back soon because it’s filled the liquidity gap. There are two possible points where it could turn around: right now or at $3330. Keep an eye on it and trade safely! Good luck! Thanks for your support! 😊 If you want to help us out, here are a few things you can do: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️
OANDA:XAUUSDLong
by Setupsfx_
22
Gold falls from highs, medium-term bullish structure remains uncSpot gold prices continue to fall, extending the correction of the psychological level of $3,500. At the same time, senior Trump administration officials hinted that they are "paving the way" for a trade agreement with Asian powers, further boosting investors' confidence in the global economic outlook, thereby weakening demand for safe-haven gold. Fed policy expectations still support gold's downward space. Despite improved risk sentiment, the market still expects the Fed to launch a new round of interest rate cuts in June, with three rate cuts expected throughout the year, which makes gold's medium-term trend still optimistic. At present, weak US economic data and the president's erratic trade policy have further suppressed investors' confidence in US dollar assets. Quaid believes that the market's expectations for the Fed's interest rate cuts have supported the structural upward trend of gold, even if it faces a technical correction in the short term. Technical aspects show that gold may adjust in the short term, but the support below is strong. Quaid's analysis: The current adjustment pressure faced by gold comes more from short-term market sentiment repair and technical profit-taking, but the medium- and long-term fundamentals are still strong. The Fed's interest rate cut expectations have not changed, the US dollar has a clear medium-term weakening trend, and geopolitical factors are still highly uncertain. Gold is still in a bull-dominated pattern overall. Operation strategy: 3325 long, stop loss 3315, take profit 3350. If it stops rising at 3350, traders can flip the operation strategy and short at this position.
OANDA:XAUUSDLong
by Quaid-1
1
Analysis of gold short-term operation ideasGold price is currently trading below 3330. The downward trend in Asian session broke through the 3315 position in the morning. Our short position also successfully harvested a wave of big profits. Gold price showed signs of rebound in early European session. Now the upper pressure level can be moved down. The short-term pressure level is 3318, followed by the second highest point on the way up at 3357. The lower support level focuses on 3285. After effectively breaking through, we can focus on 3245. Now gold price is trading near the early low of 3315. The prudent operation idea is to go short at 3320 for protection at 3331 and wait for the gold price to reach 3285. After the break, wait for the rebound to 3300 and go short again to see the position of 3245. Long positions are not recommended.
TVC:GOLDShort
by AIan_Gold
1
Gold operation strategy, how to grasp the ups and downs of the mAt the end of the Asian market, spot gold maintained a sharp decline in the day. The current gold price is around $3,305/ounce, and it plummeted during the day. Gold prices fluctuated this week, hitting a record high of $3,500/ounce, and then encountered resistance and fell to the $3,300/ounce level. The main reason for the record high in gold prices was that the market was worried that the Federal Reserve would lose its independence after US President Trump verbally attacked Federal Reserve Chairman Powell. US President Trump said on Tuesday evening local time that he had no intention of firing Federal Reserve Chairman Powell. Trump also said that tariffs on Chinese imports would be "substantially" reduced from the current 145%. Quaid believes that the hope of easing Sino-US trade tensions has driven a positive shift in risk sentiment and a recovery in the US dollar. Investors used this as an excuse to take profits on their gold long positions. Latest trading analysis: The gold daily chart shows that the 14-day relative strength index (RSI) has fallen back from the overbought area to the bullish area. The latest decline in this leading indicator supports a new round of decline in gold prices. However, as long as gold prices can hold the $3,300/oz level, gold buyers still have hope. If the gold correction deepens, gold prices may challenge the 21-day simple moving average (SMA) of $3,163/oz. Before that, the $3,200/oz mark may provide some support for buyers. On the other hand, if the upward trend resumes, gold prices may re-break through $3,400/oz and then aim for the historical high of $3,500/oz. Gold has been volatile recently. If traders are not doing well in gold operations at present, I hope Quaid's analysis can make your investment smooth. Welcome all traders to communicate.
OANDA:XAUUSD
by Quaid-1
1
Interpretation of gold short-term operation ideasThe gold market opened at 3423.4 in the morning yesterday, and then the market fell back to 3411.6, and then the market rose strongly. The daily line reached a high of 3500.4, and then the market fell under technical pressure. Subsequently, the market took profits and went down. The daily line gave a low of 3365.8 and then the market consolidated. The daily line finally closed at 3381.2, and the market closed in an inverted hammer pattern with a very long upper shadow. After the end of this pattern, the market continued to be short after opening low today. In terms of points, yesterday's short positions at 3496, 3468 and 3442 were reduced, and the stop loss was followed up at 3445. If it opens low today and falls directly, give 3292 long stop loss 3285. The target is 3336, 3350, 3365 and 3374. Exit the market and continue the short stop loss at 3381. The target is not released and the loss is held in stages.
TVC:GOLD
by AIan_Gold
Tariffs ease, risk aversion drops, gold continues to be bearishAfter hitting the integer mark of 3500 yesterday, gold fell back by nearly 200 US dollars. Today's early trading opened lower and directly swallowed up the overall rise of yesterday. Will gold continue to correct or turn around? From the current decline, the range from the high point of 3500 to the current low point of 3315 is close to 200 US dollars. Considering this round of decline, it has exceeded the range of short-term correction. Therefore, traders should guard against the probability that the gold price will enter a turning point in the short term! After the current decline is too large, the main area is to go sideways to correct the main force. The overall rebound will not be too large. Main area: around 3380-3400 Defensive support below: double bottom around 3280 Operation suggestion: Do not carry orders, heavy positions, lock positions in sudden change cycles, and bring stop losses! "Specific operations are subject to actual trading"
TVC:GOLDShort
by AIan_Gold
Gold price plunged nearly $200. The signal of cooling down the tIn the early Asian session on Wednesday, spot gold opened nearly $40 lower and hit $3,313.51 per ounce, down nearly $200 from the historical high of 3,500 hit on Tuesday. Because U.S. Treasury Secretary Benson hinted that international trade tensions would ease, which stimulated optimism in the stock market and boosted the dollar to a near one-week high; spot gold closed down 1.2% on Tuesday, closing at $3,380.95 per ounce. Bob Haberkorn, senior market strategist at RJO Futures, said: The latest remarks suggest that the trade war with the Asian giant may ease, but this is the time to start selling. After Benson said that the tariff deadlock was unsustainable, the U.S. stock market rose by more than 2%, suppressing the safe-haven buying demand for gold, and the rebound of the U.S. dollar also suppressed the price of gold. Quaid believes that its roller coaster trend is still continuing. I hope traders will pay attention to the speeches of several Fed officials later this week, hoping to find clues to future monetary policy at a time when people are worried about the independence of the Fed. And I will analyze it for you as soon as possible and give you reasonable suggestions. Current strategy: Relative to the market situation: as long as the price can continue to rise, it means that the current situation is just a volatile market, not a peak retracement, which is also a feature of the volatile trend; at the same time, the current market is not extremely strong after a sharp drop, and it is still in a volatile rise; therefore, do not go long, but go long after the retracement support.
OANDA:XAUUSD
by Quaid-1
Gold hits 3500 retracement adjustmentGold Technical Forecast: From a technical perspective, gold is confidently moving along a bullish trajectory. There is no doubt about that. But the signals now sent by the Relative Strength Index (RSI) and other momentum indicators are worth paying attention to. The daily RSI reading is close to 80, which has entered the severely overbought area. However, this does not necessarily indicate impending doom. It just confirms what we already know: buyers are in control. So, is the price close to a top? Possibly. But I would not sound the alarm bells just yet. These high indicators are more of a warning than a battle cry. It is more of a "stay alert" than a "get out of here". Spot Gold Technical Levels to Watch Gold's climb to a record $3,500 was impressive, but as expected, it has begun to retreat slightly from this psychological high, most likely due to some conventional profit-taking. There is no natural resistance above this level; all we have are round numbers. However, on the way down, the situation is different. Technical Analysis Initial support includes Monday's high of $3,430 and the round number mark of $3,400 on the daily chart. Looking further down, $3,357 is last week's breakout level, followed by reliable support at $3,300. If a more meaningful pullback occurs, $3,245 and $3,167 will be worth watching, both of which were previous resistance ranges and are now likely to become support levels.
TVC:GOLDShort
by AIan_Gold
1
Gold rose 90 points and then fell back? Maybe there will be a suIt rose from the early trading, rose to the 3500 mark and was under pressure, and then returned to the 3409 line at the lowest. If it does not fluctuate by more than 100 points every day, is it not the ultimate safe-haven asset? My heart really can't stand it. Brothers who have observed carefully should have discovered that the current round of gold rise started from 2961, and rose by 500 US dollars in just 14 days. Only when today's upper lead is really closed, can we say that the bulls will cool down a little! But this is not the first time. For example, last week's weekly line retreated, and it was directly pulled up at night. This week's opening rose by more than 100 points. The current market retreat is to go long. No matter what point you are at, as long as it is currently rising, then you can only witness one thing, that is, rising! At present, I am not optimistic about the continued decline. The market sentiment of long positions also leaves me no choice. The current long positions have not reached the top. The best opportunity is to look at the integer support of 3400, which may give the bulls an unexpected surprise! I am Quide. Seeing my analysis strategy, no matter the past gains and losses, I hope that you can achieve investment breakthroughs with my help and turn every tide of the gold market into our wealth wave.
OANDA:XAUUSD
by Quaid-1
1
Gold price breaks through a new high of 3500 and enters the key Gold price hit a new record high of 3500. After reaching this point, it showed obvious pressure and went down to find the 3461 area. This is the largest correction since the rise of 3284 last Thursday. Today's early trading price also continued to rise and break through the new high, but there was an episode, that is, it first broke through the high of 3444, then fell sharply to 3412, and finally confirmed the strong rise at 3418 to break through the new high, and continued to break through the sprint Until noon, it sprinted to 3495 and suppressed the decline to find 3473 support, and then pulled up again to sprint to break the high of 3500. This time the decline was relatively strong, falling to the 3461 area So far, the rising process can be slightly slowed down and enter a wave of adjustment Accumulate momentum to provide power for the next round of start-up During the adjustment process, pay attention to the golden section line This wave from Since the rise from 2970, the largest adjustment squat is 0.382, and now this position is 3417, which is close to the Asian market acceleration starting point 3418. The two together become the stabilizer of the bullish trend: 0.382 position 3417 area This is the first focus of today. During the adjustment process, pay attention to the position of the golden section line 0.382 position is 3417, close to the acceleration starting point 0.500 position is 3391, close to the 3384 area along the channel line 0.618 position is 3366, close to the four-hour lifeline The current price space is large and the speed is fast. Articles and analysis are only auxiliary, and are more temporary reminders. Plans cannot keep up with changes. The three key points mentioned above can be kept in mind. If there are price variables during the process, they can also be adjusted accordingly.
TVC:GOLD
by AIan_Gold