Gavin-analyst

Gavin-analyst Updated 

Gold has also been tossing in the past two days. It always does something bad during the session to avoid risks and push up, and then the market will be exactly the same, rising and falling. History always repeats itself like this, but every time gold rebounds, it never reaches a new high. , the highest today is only around 2197. It shows that the bulls are...

Gavin-analyst Updated 

Gold rose rapidly in the short term, rising by more than 20 points and approaching 2200 points again. This rise was mainly driven by key economic factors such as the recent decline in US dollar and Treasury bond yields, which gave gold prices strong support and a sharp rise. The gold market has been going strong recently. After setting a new record high of 2220...

Gavin-analyst Updated 

WTI crude found support at $80.63 and jumped higher. Oil traders believe demand may pick up and supply risks increase due to geopolitical woes. The U.S. dollar index is trading above 104.00, but is slightly weaker. Looking at crude oil on the daily chart, after reaching a new high of 83.60, oil prices have fallen back and adjusted. The strength of its pullback...

Gavin-analyst Updated 

Gold rebounded again and fell back. The gold bulls are not strong. The 1-hour moving average is still in the bearish shape. Gold rebounded twice to around 2180 and then began to fall, indicating that there are many resistances above. If the weak shock is weak, let’s continue to test the low 2160 area and break the level to 2150. , continue to focus on the 2183...

Gavin-analyst Updated 

The strategy of selling near 81.3 in early trading has already made a profit. The medium-term bullish trend of the daily line is very clear, and the overall trend is running in a stepped oscillatory upward pattern. The starting point of the previous wave of rise started at 77.1, bottomed at 78.5 in one hour, and then started to call back after rising to a...

Gavin-analyst Updated 

There is a high probability that gold will be positioned around the short-term moving average for range consolidation. The key support is focused on the 2146 line and the resistance 2195. Last week's breakthrough is just a breakthrough for the time being; in the past two days, it has entered a range consolidation, with the 2180 line resistance and the 2160 line....

Gavin-analyst Updated 

The last trading day first rose and then fell in the short term, and continued to fall back to adjust to the support level close to the lower trend line. The gold half-hour chart moving average crosses the short position, and is also suppressed by the downward trend line. The resistance of the gold trend line has now moved down to 2177 nearby In the short term,...

Gavin-analyst Updated 

Last Friday, oil prices still faced certain selling pressure for the third consecutive day, trading near last week's low of 80.30 points. From the daily chart of crude oil, oil prices showed a downward adjustment state after 83.60. The strength of its correction was limited, The short-term trend of crude oil (1H) was mainly volatile and downward. After the...

Gavin-analyst Updated 

Oil fell today, but it did not rise to a selling position and then fall as our analysis predicted. There are still 0.15 left from the strategic point. The short-term (1H) trend of crude oil is volatile and downward, with the resistance point moving towards the 80 support point. Test, the moving average system is arranged in a short position, the short-term...

Gavin-analyst Updated 

2186 was directly under pressure at the opening and continued to fall, piercing the sideways resistance of 2183. During the European trading period, it once pierced the 2170 support, and the low retraced to around 2162. Generally, after a sharp rise and then a sharp fall, the next step is It will enter a period of shock, with range fluctuations again. As long...

Gavin-analyst Updated 

According to the one-hour trend of gold, the short-term indicator energy column continues to shrink, and all momentum is lost. The current price remains above the short-term moving average, and the support is also located at 2165. It retreated close to this level last night and then stabilized, eventually rebounding to the highest level. The 2186 point indicates...

Gavin-analyst Updated 

Yesterday, the market surged higher and fell back to continue the downward trend. In the evening, it stopped falling and rebounded at 80.30. It is currently running at 80.90. In the short term, the upper limit is still suppressed by the downward trend line. There is currently the possibility of further falling and adjustment, although it has been for 2...

Gavin-analyst Updated 

Yesterday, the market first fell, then rose and then fell again, continuing to break through new highs. In the short term, it will continue to fluctuate upward along the No. 1 upward trend line, but it is not ruled out that it will fall further and adjust to reach the No. 2 support level below. We can clearly see from the attached picture below When the CCI...

Gavin-analyst Updated 

Gold closed at 2157 yesterday, but still failed to stand above the daily downward channel trend line 2162. The downward channel is running well, the 5-day moving average and the 10-day moving average are diverging downward, and the MACD fast and slow lines are about to form a dead cross state. Gold yesterday afternoon The lowest fell back to the 2146 line and...

Gavin-analyst Updated 

oil prices are up about 3% in just two sessions. Oil traders saw bullish positions pay off after an unexpected drop in U.S. inventories. The U.S. Dollar Index was trading at 103.00 following the release of the popular PPI data. The short-term (1H) trend of crude oil continued to fluctuate upward and broke through the 80 mark, testing a new high of 81.30. The...

Gavin-analyst Updated 

Through the analysis of the golden hour chart, we know that yesterday the market rose first and then fell and was unable to return to the downward trend as scheduled. From the attached picture below, we can clearly see that the main bulls' funds continued to flow out, and the main short sellers increased their positions significantly and began to control the...

Gavin-analyst

The short-term (1H) trend of crude oil found support at the lower edge of the range channel, turned upward, and broke through the resistance at the upper edge of the range. Oil prices once again hit the 80 mark. Oil prices fluctuated weakly below 80 in early trading, and bulls showed strong momentum. It is expected that crude oil will break through 80 in the...

Gavin-analyst Updated 

Gold surged higher and fell back in early trading and has now reached the No. 1 support level (2167). The momentum of the bulls is obviously insufficient. It has rebounded in place yesterday evening and continues to return to the downward trend. In the short term, we will focus on the No. 2 support level below (2161 line) once it falls below the heavy volume....