✅After the opening yesterday, gold retreated to confirm the first-line support of 2690, and then the gold price rose. The European session broke through the early high, laying the foundation for the rise of the US session. After breaking through the key pressure level of 2700, the European and American sessions retreated to confirm the support, and continued to...
✅Today, the price of gold broke through 2700 strongly and maintained the intraday gains. From the daily chart, the technical side showed a bullish trend, and the price of gold is expected to rise further. The overall bullish pattern has not changed. As long as the daily line does not close below 2660, the overall thinking is still bullish. In terms of technical...
✅Gold continued to rise after the CPI data during the US trading period, but gold did not break through strongly. After hitting the resistance level of 2696, it quickly fell back. Our short orders near 2695 have made a profit of more than $15. ✅The 1-hour chart shows that gold fell after hitting a high point. Now a double top structure has been formed in 1 hour....
✅In the past two days, the price of gold has been in a range of fluctuations, and the market has shown disorderly fluctuations, accompanied by repeated washing. However, supported by the previous weekly big positive line, the overall trend this week is still bullish. However, due to the obvious pressure from above, it may be difficult to break through last month's...
✅During today's US trading session, the price of gold fell rapidly and broke through the first support level of 2675. At present, the low of 2663 last Friday is expected to be tested again. From the current trend analysis, after this round of decline, the trend has obviously weakened, so it is difficult to optimistically expect the gold price to break through the...
✅The US non-farm payrolls data released on Friday had a significant negative impact on gold, but the main market players used the data to deliberately raise the gold price and create the illusion of attracting more. Despite this, the gold price ultimately failed to break through the 2700 mark. This shows that gold is currently in a strong pressure area,...
✅Friday's non-farm payrolls data was bearish for gold, but the trend was unexpected. Although there was a pullback, it eventually showed a bottoming-out and rebounding pattern. It rebounded after hitting a low of around 2664, and rose to a high of 2697, closing at around 2690. The daily line recorded four consecutive positives, and the weekly line also closed with...
✅The trend of gold in recent days has been relatively consistent, showing a pattern of fluctuating upward in the Asian session, continuing the upward trend in the European and American sessions, and bottoming out and rebounding in the US session. Yesterday's trend was basically the same. Three consecutive positive lines were recorded at the daily level, and the...
✅Gold has recently shown a trend of "small positive line oscillating and climbing", and it will continue to fluctuate in the short term, and the price space is limited. Although the daily K-line shows that the gold price has risen slightly, the continuity of the space has not yet been determined because the market is running in a narrow range of fluctuations. The...
✅Today, the price of gold has fallen significantly after a round of strong rise. The current gold price is under pressure near 2664 and has fallen back at this position. Our short position near 2660 has successfully made a profit of about $18. This point is also the area where gold shorts have been effectively suppressed many times recently, and the gold price...
✅The gold market experienced a large fluctuation yesterday, especially during the US trading session, affected by Trump's remarks, and the gold price fell by nearly $30. The short orders near 2645 that we arranged in advance successfully captured nearly $20 in profits. ✅From the overall trend, gold has not gone out of the obvious unilateral market, but maintained...
✅Today, the European session has oscillated and retreated to the 2625 line. The downward space is expected to be limited, and there is a need for rebound correction in the short term. If the European session rebound cannot break through the 2642 line, the US session needs to continue to pay attention to the oscillation and retracement market. However, whether it...
✅This week, the gold market experienced a trend of low-to-low recovery, with bulls performing relatively strongly. The weekly line recorded two consecutive positive patterns, and the 2596 line temporarily stabilized, showing a certain rebound momentum from the technical side. However, the judgment of the trend next week still needs to be cautious, for the...
✅This week, the gold market experienced a trend of low-to-low recovery, with bulls performing relatively strongly. The weekly line recorded two consecutive positive patterns, and the 2596 line temporarily stabilized, showing a certain rebound momentum from the technical side. However, the judgment of the trend next week still needs to be cautious, for the...
✅Today's market situation is as expected. Gold hit the 2665 pressure level in the one-hour trading and fell in the short term. During this period, the gold price rebounded again. Although it failed to test the 2665 high, our short orders near 2658 made a profit of nearly 150PIPS ✅The current market has also pulled back to the 2640 line, which is the second...
✅Yesterday, gold rose slightly in the morning and then entered a shock consolidation. The European and US sessions continued to rise, reaching the highest level of 2660, and the daily closing recorded a large positive line again. The daily gold line broke through the previous consolidation range and successfully broke through the upper rail resistance of 2639,...
✅Gold rose directly after opening in the morning, and the performance of the market is still relatively strong, but in the short term, gold is still suppressed by the resistance of 2639, and the current price is in a volatile pattern. After the New Year, gold re-stood on the key support level of 2620. Whether this rise can continue to rise remains to be further...
🎉Happy New Year, my dear friends🎉 At this time of bidding farewell to the old and welcoming the new, I extend my most sincere blessings and thanks to every partner who has always supported our gold trading club with a grateful heart! 💜Looking back on the gold market in the past year In 2024, the gold market has experienced a magnificent year. From the shock...