Gold rose from around 1990 to the 2030 line and then began to fall. It is currently around 1995. On the 60M chart, the strong resistance is around 2008, and on the 1D chart, the strong resistance is around 2015. From the small-level chart, there is a short-term rebound demand, but in the daily-level chart, the MACD divergence plus dead fork is not optimistic....
I published an article on Bitcoin transactions earlier, with the target above 40,000, interested friends can read it. In terms of trading today, I think it is still dominated by bulls.
Gold surged strongly yesterday, breaking through $2000 to around $2025. My friends made a profit of 300% in yesterday's trading, and I congratulate them! So far, the highest point for gold is around $2028, at which point we need to look to past trends for reference. In recent years, gold has only risen above $2050 in 2020 and 2022. Based on past trends, there...
From the 1D chart of EURUSD, we can see a pattern resembling a U-shaped bottom, with three bottoms around 1.05. Currently, it has reached the phase resistance level, but the pattern is not yet complete. The strong resistance level should be around 1.098-1.1. It is not difficult to see from the 30m chart that there is support around 1.091-1.088, and 1.086 is a...
Gold launched a long-term upward attack in the support area of 1954~1950 yesterday. There was basically no adjustment on the way to continue the strong attack. The current strong pressure is at 1988-1992. Once it breaks through here, it will open up short-term upside. (support 1974-1965) Gold operation recommends buying in 1974-1977, target 1984~1988,...
Under the stimulus of risk aversion, gold rose from 1800 to 2000, and then began to oscillate. From a short-term perspective, it formed a double top pattern, which I shared with you last week. Interested friends can go and take a look. Now let's talk about the trading strategy in detail based on the 4-hour chart. As we can see from the chart, when it first...
Gold has reached the TP line near 1986 today, and long positions around 1975 have gained a complete victory! Currently, the candlestick is oscillating near 1978, with a small support at 1974 below, followed by 1963. A simple breakthrough provides an opportunity for us to go long, but if the body falls below, the nature changes and the support becomes...
Gold broke through the 1975 resistance level, which changed from resistance to support. The current resistance level is around 1986, and the shape is bullish. The transaction is mainly to step back on the support and do more. The supports are: 1980, 1977, 1974, 1969 Resistance 1986, 1994, 1999 When the resistance is touched, if you like the game, you can...
Gold oscillated in the range from 1950 to 1975, there was very strong resistance around 1969-1971, and the support was around 1963-1959, so trading during the turbulence period can be carried out around these positions. If the upward attack around 1969 is under pressure and cannot be broken, then go short, around TP1963 If the 1959 support is not broken, go...
After forming a head and shoulders pattern, gold dropped to around 1935 and then rebounded to above 2000 to form a double top. Subsequently, the price fell again to around 1945 before rebounding. Yesterday, the price rallied to the range of 1969-1975 before succumbing to selling pressure. If viewed from a macro perspective, this pattern resembles a double...
Gold rose to around 1963 and started to fall back. A small double bottom is not ruled out here, but the premise is that there is support around 1945-1943. If it falls below, look at around 1933 below. The upper resistance is currently in the 1963-1969 range. Trading straregy: sell: 1960-1969 tp: 1945-1933 sl: 1972 buy:1933-1937 tp:1942-1948 sl:1931 1945 has...
Gold fell below the weak support, rebounded after reaching the support around 1969, and fell back under pressure around 1978. At present, the weak support from 1975-1971 has turned into resistance. sell: 1971-1978 tp: 1963-1959 sl: 1981 buy:1959-1963 tp:1968-1971 sl:1954 1978 strong resistance, short near 1971, weak support 1969-1966, strong support around...
The 4-hour gold pattern is similar to a double top. Once confirmed, the market will start to fall sharply. This is a very good profit opportunity FOREXCOM:XAUUSD FXOPEN:XAUUSD
Gold fell after touching above 2,000 again intraday on Friday. As of the close, it was reported at 1978. During the transaction, I had already reminded my friend TP in the group. There are some small supports near 1977, but this support is not very strong. As long as the bearish power is strong enough, breaking this support is a high probability. I used the...
Gold dropped from around $2009 to the vicinity of $1935 in 2020, rebounded to around 1969, but failed to break through the level of 1988 and fell again. Therefore, from a technical perspective, 1988 can be considered as a resistance level, while 1969 can be seen as a support level. After rebounding to around 1986, gold fell back under pressure, found support...
Risk aversion broke out again. Gold rose sharply in the U.S. market yesterday, breaking through the resistance level of 1961-1965. It was under pressure in 1983 and remained in a range today. There is weak support around 1975-1973, and the best support is in the range of 1957-1961. If it falls here, as long as there is no news that is not good for gold, there...
OIL broke through the resistance around 69.8-70 yesterday, and the resistance has now turned into support. The new resistance is around 70.8. If the support does not break, you can go long USOIL. The first TP will continue to be placed at 70.7 yesterday's TP. If Break through 70.8, the next TP target is 71.2-72.4. SL temporarily set to 69.47 I have...
GBPUSD is currently testing support around 1.231, once the support is confirmed to be valid, it will rise to around 1.240. So today we will focus on the support around 1.231. When the support is confirmed to be valid, we can go long, and the target is around 1.240-1.244. I released the trading strategies of EURUSD and GBPUSD today, and I will continue to...