David_financial_analyst

David_financial_analyst

During the European session on Friday, gold prices retreated from the all-time highs earlier this week and are currently trading around $3,034, showing a short-term profit-taking trend. The pullback in gold is mainly attributed to profit-taking and technical rebalancing, but this has also weakened the sentiment of the entire metal market. Silver is more volatile...

David_financial_analyst

News--- The Federal Reserve's monetary policy meeting in the early morning of the 20th decided to maintain the federal funds rate at 4.25%-4.50%, which was in line with expectations, and hinted that the rate may be cut twice this year by a total of 50 basis points. Chairman Powell said that inflation progress may be delayed, although the United States has not seen...

David_financial_analyst

The main US crude oil futures broke through the $68.00/barrel mark and was last reported at $68.01/barrel, up 1.64% on the day. US crude oil prices fell slightly during the session and traded along a minor downward trend line in the short term. At the same time, the stochastic indicator sent a negative signal compared with the price trend after reaching the...

David_financial_analyst

Gold quickly rose in the morning trading today, so we remind you to pay attention to the adjustment of gold and do not chase high positions. Gold hit the highest point of 3057 near stagnation, and started the road of falling back and adjustment. We also went long near 3044 in the real market, and the target was 3053-55. In the afternoon, we went long at 3045 in...

David_financial_analyst

We continue to be bullish and long. We have publicly arranged long orders at 2932 and 2928 for gold before, emphasizing a very strong closing, and the game cycle rises. As expected, a new high was reached. All long orders were closed at 2943, and another 15 points of profit was collected! The European Handicap has once again arranged multiple orders of 2932 and...

David_financial_analyst

From the golden 4-hour chart, after successfully breaking through the historic 3000 mark, it is obvious that there is no resistance position above for reference, so we have to return to the integer range approach. For example, the 3050 line will be particularly critical in the market outlook. The short-term moving average group currently shows a perfect long...

David_financial_analyst

The United States' comprehensive tariffs on Asia could affect global economic growth and oil demand, leading to oversupply and increasing pressure on oil prices. The US-Canada trade war and additional sanctions on Russia and Iran will increase volatility in the oil market. On March 18, the price of imported goods in the United States unexpectedly rose again,...

David_financial_analyst

After yesterday's high-level shock correction, gold directly started the rising mode today. The highest in the US market reached around 3038. The geopolitical situation added fuel to the flames. We have repeatedly emphasized in recent days that the 3,000 mark is not the end, and all ideas have come true. In the evening, we continue to maintain bullish long...

David_financial_analyst

-------News page--- U.S. inflation data for February was released. The data showed that U.S. inflation in February fell more than expected across the board. The decline in inflation also gave the Federal Reserve more room and possibility to cut interest rates. It also slightly reduced concerns originally caused by tariffs. However, with the full implementation of...

David_financial_analyst

Market Review The US dollar index rose after fluctuating this week, and fell to its lowest level since mid-October last year at the beginning of the week. After Trump's latest threat to impose tariffs on European imports, the US dollar index fell back above the 104 mark and then fell again. Spot gold continued to rise, setting a new high, breaking through the...

David_financial_analyst

From the perspective of the trading session of the day, the price of Bitcoin showed a fluctuating upward trend after the opening. Driven by the bulls, the price once surged to around $84,336.71. This upward momentum was partly due to the continuation of the positive market sentiment brought about by the golden cross in the market the previous day. However, after...

David_financial_analyst

Gold's overnight daily line continued to close positive. After a long period of high fluctuations, last night it used the CPI data to pull up and break through the range after a washout, forming a continuous positive trend. To maintain this momentum, there are still high points to see. The top continues to pay attention to the impact on 2956. In the 4H cycle, the...

David_financial_analyst

On March 12, the price of US crude oil futures electronic disk rose, but the overall daily K-line still showed a suppressed bearish rhythm. The daily RSI fell to 28 (oversold zone), but there was no bottom divergence; the MACD kinetic energy column continued to expand in a negative direction, and the short momentum dominated. However, technical indicators may also...

David_financial_analyst

Bitcoin once fell below the $80,000 mark on March 11, reaching a low of $76,700 (a four-month low), and then rebounded to a range of $81,000-83,000 on March 12. The market panic index entered the "extreme panic" area, and funds continued to flow out of cryptocurrency ETFs, with a net outflow of more than $400 million in a single day in early March. The recent...

David_financial_analyst

From the daily level, although gold closed with a negative line yesterday and was below 2890, it did not start a downward trend as some market participants expected. These people, obsessed with the fact that the high price of gold is difficult to sustain, prematurely judged that the market will fall sharply, ignoring the tenacity of the gold bull trend and the...

David_financial_analyst

BTC fell below the key level of $80,000, reaching a low of 77,424. The decline was mainly attributed to macroeconomic uncertainties, including the escalation of the tariff war, the uncertain prospects of the Fed's interest rate cuts, and market concerns about economic slowdown. Although the Trump administration has previously released policy signals in support of...

David_financial_analyst

BTCUSD price experienced violent fluctuations, falling below the key support of $80,000 during the day, reaching a minimum of $79,933, with a 24-hour drop of more than 7%. It triggered the liquidation of more than 210,000 people, with a liquidation amount of $583 million. Although the Trump administration announced the establishment of a strategic reserve of...

David_financial_analyst

Last Friday, the overall technical aspect of gold did not show a long-short breakthrough trend. Instead, under the influence of the positive non-agricultural employment data, the overall price showed a high-rise fall and suppressed shock pattern. The closing price was near the 2915 mark and reported a suppressed shock cross K. The overall gold price continued the...