#XAUUSD 2024.4.3 📈Market Direction During the last 3 days of this week, the market will fluctuate very strongly due to news about unemployment, especially Norn-farm on Friday. I remind you to reduce volume and always manage capital when entering orders. About today, the opening price of gold is above the pivot and POC so the direction is BULLISH. I will wait...
#XAUUSD 2024.4.2 📉Market Direction Today, the opening price of the gold gate is above the pivot but below the POC. I like the direction of the POC better so my opinion is BEARISH. We have 2 untested virgin POC at 2214 and 2193 so I expect the price will come back here to test before returning to the main trend which is up. 📉Zone Analysis - 2261: zone m15 -...
Gold rose again after the opening of the day, and rose strongly to around 65, which also allowed the bulls to perfectly release the energy of the impact. At the same time, it is also very likely to continue to wash away the short orders that were stranded in the early stage, so the short-term counterattack will also It directly exhausted the energy of the...
Yesterday gold had a strong increase to test virgin POC at 2200 H4 and then returned to 217x price. It is important that you understand POC to judge upcoming situations. So today, the opening price of gold is below the pivot but above the POC. I prefer to follow the direction of POC so my expectations are BULLISH. We will wait for a reversal signal when the...
Gold has stretched significantly today. The upper resistance area is currently the selling area, and the lower area is the selling area: Gold buying area: 2181-2183 (sl2178.5)/2171-2174 (216735) sell area 2201-2203/2212-2210 Select transactions based on specific prices.
Market Direction Today, the opening price of gold is below the pivot and POC so the market direction is BEARISH. The 2-day relationship is lower so we will consider selling at key levels when there is a signal. My personal opinion is that I hope gold will fall to 2149/2150. If you break through this point, gold will return to 2136/2139. Conversely, if gold...
After the FED meeting, the uptrend is still the dominant trend The main trend is still uptrend so we still prioritize BUY positions From now on, I will plan appropriate price zones That's why today we will have 2 buying zones: BUY ZONE 1: around round number 2200 BUY ZONE 2: Zone 2190 Key areas BUY ZONE: 2199 - 2201 AND 2189 - 2191 TARGET: 2220 I will...
XAUUSD There will be a Federal Reserve interest rate decision in less than four hours, and gold prices will fluctuate greatly. The trading suggestions I gave are as shown in the figure, gold rebounds in the 1/2139-2143 area. You can try buying here once. 2/If it falls below this area 2139-2143, then the next range is 2121-2124. You can try to buy here. 3/If gold...
#XAUUSD Plan trading for Monday There will be no news tomorrow, so if there is no GAP, gold will stay sideways and continue to compress, waiting for FOMC news this week. The yellow H1 frame is compressing with a decreasing top and unchanged bottom. Manage capital, always set stop loss until gold breaks then I will review, I expect gold to fall to 211x this...
Today I am still paying attention to the strong resistance area 2159-2163 of gold. If the price of gold reaches this area, we will first try to buy gold. buy 2159-2163. Target 2183-2195 If gold breaks the 2159-2163 area, then I think gold will test the 2145 area.
With the release of cpi data, gold fell from 2185 to around 2150. Tomorrow, gold will be supported at 2165-2168/2170-2174 above and 2145-2141/2132-2136 below. I think gold will break through above and then fall. We can rely on the upper pressure point to sell gold. Buy gold at the pressure point below. sell 2165-2168/2170-2174 buy ...
Gold has completed an astonishing continuous rise to new highs. Next week there will be CPI data, which may be a factor that promotes gold's continued rise. Next Monday, I don’t think gold will have major fluctuations. It will be mainly bullish and fall in the short term at 2185 and 2195. So I think Gold Monday is a shock trend It is recommended that you buy...
For crude oil on Monday, focus on the first-line support of 77.0 at the bottom and the first-line resistance of 80.5 at the top. At the same time, pay attention to the upper and lower breakthroughs before making changes. Crude oil operation suggestions: 1. Go short after rebounding near 80.5, stop loss 0.6 US dollars, target around 78.5-77.0; 2. Retrace...
Eurusd's operation advice for next Monday is to pay attention to 1.092 below and 1.096 above in the short term. Buy low and sell high. The subsequent upward trend will focus on the top of 1.098.
In terms of gold, not only did the daily line continue to close in positive territory, but even the hourly line did not adjust, it just continued to hit highs. Therefore, the importance of trends must be recognized at this stage. Especially in yesterday’s form, there are several technical points that need to be considered: 1. It rose and broke through the high...
Gold is still in an uptrend. Tomorrow I will focus on two key points. 2142-2145/2114-2120. If gold undergoes a deep correction, it will steadily continue to rise, accompanied by rising information. I think gold is steadily rising. On the contrary, if gold rises directly, it will fall sharply due to lack of support below. Therefore, I will continue to pay...
Gold rose sharply on Friday without any retracement at all. Gold also broke through the previous high in 4 hours. Now gold is continuing to go long. Gold’s previous high of 2065 is also a direct Yang breakthrough. Gold will step back to 2065 next week and continue to go long. Gold's daily line has a big positive line. It is difficult for gold to fall sharply...