David_strategy

David_strategy

The release of CPI will determine whether gold can reach a new historical high, whether it can hit 2500 points or even higher In the early Asian session, gold fluctuated in a narrow range and is currently hovering around 2460 points. According to the 4-hour chart, it is currently going downhill, but the decisive factor will still be the US CPI July quarterly...

David_strategy

Short at 80 points Last week I predicted that the oil price would reach 80. As I expected, the oil price peaked at 80.58 and then fell back to around 78.4. The panic in the stock market last week led to a large sell-off of crude oil, which also gave us a good opportunity to enter the market. The oil market ignored the tension in the Middle East. Now the situation...

David_strategy

Get ready for gold to reach an all-time high and break through 2500 On Monday, gold rose by $40 to a historic high of 2477 points due to tensions in the Middle East, and then fluctuated sideways to 2460 If Iran launches a large-scale military attack on Israel, the price of gold will also rise This week, the release of US CPI data will be a key event in the market....

David_strategy

Yesterday, the deputy governor of the Bank of Japan said that "the market is unstable and there will be no interest rate hikes". This is a relatively "dovish" statement. In addition, the upcoming September interest rate cut conveys a good opportunity to enter the market. That is, the US dollar will still fall. Although the market is narrow today, the US dollar...

David_strategy

Strong short signal From the 4-hour K-line chart, the upper Yin line is too strong, the three Bollinger Bands are parallel, the gold price reaches the top of the Bollinger Bands, and the resistance is large. Support level 2415 2420 2435 Resistance level 2400 2395 2380

David_strategy

Continuing the plunge in stock markets on Monday, gold also headed for a low. The reason is that the market's expectations for the Fed to cut interest rates by 50 basis points in September have declined. The yield on the 10-year U.S. Treasury bond has risen to 3.94%. These two pieces of information have undoubtedly greatly weakened traders' confidence in entering...

David_strategy

From the 4-hour daily chart, gold has never been able to break through 2400 and has been fluctuating sideways. Then we can be bearish in a short period of time 2393__2395 Short stop 2403-2405

David_strategy

As the stock market fell last Friday, traders in major markets chose to sell a large number of transactions. Crude oil was of course not immune, causing a rapid drop in prices. Compared with the oil price in July, it fell by $10 and now fluctuates around $73. Everyone is worried about the US economic recession, but at the same time ignores an important...

David_strategy

Gold's trend today is relatively stable from the daily chart, maintaining a low range of fluctuations 2403-24035 long stop loss 2398-2400 2433-2435 short stop loss 2440-2442

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8.6 Gold Analysis 8.5 Gold fluctuated and fluctuated, with an overall decline of more than 0.74% From the daily chart, gold is still on an upward trend. Coupled with the interest rate cut in September and geopolitical tensions, gold still has a lot of room for overall growth in the later period

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The US dollar index rose 1.1% The largest single-day percentage since November Gold fell 2% Nikkei and Dongzheng index fell nearly 9% South Korean stock market fell 8% Basically, all Asian stock markets ended in a bloodbath Monday gold analysis Support level 24218 2420 Resistance level 2455 The market has been volatile recently. I hope every trader will enter the...

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8.2 US stocks collectively plunged Qualcomm fell 9% Nvidia fell 6% Tesla 6% Philadelphia Semiconductor Index fell 8% Intel fell short of expectations Is the above directly related to the news of interest rate cuts in September? The answer is "YES" What do you think of this comment area? Welcome to comment

David_strategy Updated 

Today's gold and US dollar trends are currently moving in both directions Currently, gold has fallen rapidly after reaching a high of 2477 and is hovering around 2430. The analysis of gold and the US dollar in the past few days is completely in line with my predictions. All the opinions I posted also confirm this result If you don't have a clear understanding...

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Market trends and analyst Ang Kar Yong, according to the CME Fed watch Tool, the market currently expects the Fed to cut interest rates in September with a probability of nearly 100%. Overall, the market expects the Fed to cut interest rates twice before the end of the year. If the July non-farm report is lower than market expectations, the unemployment rate rises...

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Market analysis: Yesterday, the gold market opened at 2448 in the morning, and then the market rose to a high of 2458.3, and then fell. The daily line reached a low of 2430.1, and then the market started to rise. The daily line reached a high of 2462. during the US trading period, and then the market fell back in the late trading. The daily line finally closed at...

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Iranian leader orders direct attack on Israel Supreme Leader Ayatollah Ali Khamenei issued an order at an emergency meeting for Iran to strike directly at Israel in retaliation for the killing of Hamas leader Ismail Haniyeh in Tehran, according to three Iranian officials reported by The New York Times. Iran and Hamas accuse Israel of assassinating Haniyeh, who was...

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At the beginning of the Asian session on August 1, spot gold fluctuated in a narrow range and is currently trading around $2,436/ounce. Gold prices rose by nearly $40 on Wednesday. The interest rate remained unchanged in yesterday's Federal Reserve meeting, which was in line with market expectations. Powell's speech later gave news of a possible interest rate cut...

David_strategy Updated 

Gold experienced a brief decline from July 29 to 30, reaching 2380, and then gradually rose and stabilized. It has now reached 2388 and will definitely break through the 2400 mark in the short term. Facing the upcoming Fed rate cut in September, it will further stimulate the decline of the US dollar. Then gold will be one of the main products for everyone to...