Gold prices will return to highs again. Buy gold nowLast night, the price of gold broke through a new high again, reaching the 2287 line. As expected last night. Then it continued to fluctuate until the European market opened because prices were on the higher side. Gold made a technical repair after the start of the European session. The price of gold plummeted by about $20 from 2287. The current price is 2268.
News: Risk aversion caused by the war in Gaza continues to ferment. Short-term bulls are still strong. gold. Dollar. as a hedging product. They all continue to attack.
Trend: Overall, buying at low prices is still the main trend. It is not difficult to see from the above picture that the short-term repair is only for a day. The general cyclical trend is still upward. From an hourly perspective, the current support position for technical repair is located at the 2259-2264 line. Combined with MA technical indicators, there is a certain pressure for long-short conversion at 2270. Once the 2270 position is established, it will inevitably rebound within the day.
During the day, buying is still the main focus. Today we focus on the impact of the announcement of ADP news. On Friday, we need to focus on the release of (U.S. non-farm payrolls after seasonally adjusted March).
trade:
Gold price is at 2263-2268 to buy
tp2283-2287
SL2254
Pay attention to controlling risks and positions during operation. Stay concerned.
Goldmantrade
Already made more than 5K profit and continue to make profitsToday’s gold trading conditions are as follows:
1.Xauusd:@2178-2180 Sell, TP:2277 Profit: +$130
2.Xauusd:@2174-2176 Sell, SL:2277 Loss: -$1055
3.Xauusd:@2184-2186 Sell, TP:2277 Profit: +$1995
4.Xauusd:@2273-2275 Sell, TP:2268 Profit: +$2150
5.Xauusd:@2168-2166 Buy, TP:2273 Profit: +$2720
There was not much profit in gold trading today, only a profit of $5900 was made. Because ADP data will intensify short-term fluctuations in the gold market, for the safety of account funds, I basically set a very small TP, which limits my profits to a certain extent. But my trading principle is that the most important prerequisite is to protect the safety of the account principal, and the second is to strive for profits.
We can see from the current gold trend that gold fell back again and tested support under the negative influence of ADP data. In the process, it did not fall below the 2265 position, so testing the short-term 2265-2260 area support is effective. Moreover, as gold fell back, funds waiting for long positions on the sidelines gradually entered the market, providing important support for pushing up gold prices.
According to the current gold trend and market sentiment, gold still maintains a complete upward trend, and if gold's correction is discontinuous, gold will continue its upward trend. For now, I think gold will also test the 2290-2300 area. So in terms of trading, we can first consider going long gold after waiting for gold to fall back, first focusing on the support of the 2268-2266 area below; secondly, when gold touches the 2290-2300 area again, we can try to short gold again!
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Profited 17K from short gold, and continue to short goldToday’s gold trading situation is as follows:
1.Xauusd: @2256-2258 Sell, SL:2266, profit and loss: -4000
2.Xauusd: @2263-2265 Sell, TP:2255 Profit and loss: +5532
3.Xauusd: @2273-2275 Sell, TP:2255 Profit and loss: +7184
4.Xauusd: @2276-2278 Sell, TP:2255 Profit and loss: +8520
In gold trading today, although one of them touched SL: 2266 resulting in a loss of 4K, overall, I achieved a good result of 17K profit in today's gold trading. If you follow my trading strategy, I believe you will also make very good profits.
At present, gold has reached its highest level near 2277 as expected, but then fell back to around 2251, giving up all the gains. According to the current gold structure, this position is expected to become a phased peak. Therefore, in our next trading rhythm, it is best not to aggressively pursue long gold above 2260. Secondly, in the 2270-2280 area, we can choose to short gold on highs in batches. I predict that gold will fall to the 2250-2245 area in the short term, maybe even tomorrow.
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Gold builds a double top structure, short gold!Dear friends, due to the escalation of the geopolitical conflict in the Middle East due to the Israeli air attack on the Iranian consulate, gold rose for a time and once again set a new historical high. The current maximum has reached around 2267.
Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective, this position should be a stage high point, but stimulated by the news, there is still a probability of refreshing this position. However, one thing that is certain is that I will definitely not chase long gold above 2260, even if gold really continues to rise. Because 2267 is actually a dangerous zone for me.
From the perspective of gold structure, gold may reach the top in the 2265-2268 area many times to form a top structure, and then gold is likely to start falling from there. From a structural point of view, I predict that the highest position of the top of gold can reach around 2278, almost close to 2280.
So in terms of trading, first of all, I do not recommend chasing long gold above 2260; secondly, you can try to short gold in small batches in the 2263-2265 area. If it remains relatively stable, you can also wait for gold to rise to the 2275-2280 area before shorting gold. .
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
Sell gold and wait for a sharp decline.
The price of gold is too high for the market price. A pullback is needed to get the market moving higher again. And I was the one who sold gold at high levels.
2158-2163 sell gold
tp2243-2248
sl2270
I will continue to update if there are opportunities to continue buying in the future. Stay concerned.
Swing short selling of goldDear friends, the current gold market has become an irrational market due to risk aversion and trend-following sentiments, so it is relatively more complex. Gold hit a high of 2265 overnight and then fell back. Then gold stopped falling near 2229 and then rebounded slightly. As of now, gold is trading near 2251.
According to the current gold trend, there is no doubt that gold still maintains a trend upward trend, so overall gold still maintains a intact upward pattern. But in the short term, today's 2256-2258 area will be a very critical position. If gold cannot break through this area during the local rebound, then gold will still need to continue its correction.
So in terms of short-term trading, I will try to short gold in small batches in the 2253-2258 area. If gold can build a local double-top structure, the demand for a gold correction will be clearer; on the other hand, when gold is near and above 2260 , I personally will avoid chasing long gold, and I will still look for suitable opportunities to short gold to avoid funds being trapped at high levels.
So relatively speaking, when others were extremely crazy about chasing gold, I changed the direction and started looking for opportunities to short gold;I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Short gold first, then plan to go long goldDear friends, gold has repeatedly broken new highs and hit the 2265 line. At present, gold still maintains a strong unilateral upward trend. However, as far as current trading is concerned, I do not advocate continuing to cash long gold. Because gold continues to be very overbought and deviates too far from technical indicators, there is currently a short-term need for a callback to repair indicators.
So I have clearly informed everyone that we can try to short gold in the 2163-2165 area in small batches (the specific content of the trading signals is in the channel at the bottom of the article). First try to seize the profits of the short-term correction of gold. After the correction of gold is in place,we will still follow the gold trend and be long gold. In this way, we can grasp the profits of both long and short sides,
I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
Gold will also test the 2180 area, don’t rush to chase long goldDear friends, there must be only one question for everyone now, and that is, will gold continue to fall?
I think gold will continue to fall, because gold fell back immediately after touching 2198, and the candlestick body still closed below 2195, once again showing a long upper shadow line, so the pressure above is still relatively obvious. In addition, gold only touched around the 2184 position during the decline. I think the gold's step back is not in place, so gold still needs to continue to step back. I think it will at least test around the 2180 position again.
So I think gold still needs to continue to adjust. Of course, we still hold a short position in gold and are still making good profits overall. If you follow my trading strategy, I believe you will also have good profits like me. We can continue to hold it and wait for gold's deep correction, so that our profits will be better!
I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
The current price of gold 2178 can be sold directly! TP2160!Yesterday, in my last analysis article, I clearly told everyone that 2185 sell immediately and 2176 buy directly!
The back-and-forth trading allowed us to make a good profit in yesterday's very low volatility
So how should you trade today?
Today is still around 2160-2188 this range to trade can make 100% money!
The price of gold is now 2178
Gold 2178-2180 sell
tp2168-2160
I will update the trading signal according to the market fluctuation!
If you want to get the latest trading signals, you can join my discussion group and contact me
Gold will continue to riseGold market analysis
Two trading days gold 2038 directly rose to 2119, this is not a normal regular market, such a unilateral rise in the no top signal before we do not guess what the top in the top, 2119 cycle is not the top, but the short term early step back on the 1 hour chart has shown that it is a small top of the horizon, today's big trend bullish, Short term to see high repair, there has been no rising market, increased the need for a repair adjustment, note that only technical adjustment, the big cycle of bulls will not change at least this week, more is the main course, we expect this wave of bulls trend will adhere to the non-farm employment data to see if it can change.
Today, we are concerned about the suppression of 2119 back, back to the limit is 2088, but the current strength is difficult to go to this position, small support in 2100, this position is the integer threshold, will also be the main battlefield of the late long and short game, today's position of the long counterattack is 2100 and 2088
You can contact me for specific gold trading signals