Tuesday, 2023.12.26 For gold, the daily direction is bullish, and the 1-hour direction is bullish. During the day, go long on dips. In the short term, wait for the price to fall back and a bullish signal appears on the five-minute chart to enter the market. The bullish target in the market outlook is 2115, and after a breakthrough, we will look at 2199; You can...
Gold, the upward trend is intact, long positions are held, and the long target is 2070-2089
Spot Gold Trend Band (Holding): Short below 1935, Stop loss 1955 (moved to 1930), target 1890
Spot gold daily trading plan: Short in 1944, stop loss in 1990, target 1890-1836-1748; Specific waiting for short selling signal
Medium to Long Term Strategy for Spot Gold: Short in 1944, stop loss in 1990, target 1836-1848
Last week, spot gold rose more than 3%, the largest weekly gain since July. This morning's opening gold short jump after high opening to fill the gap, if the break 1960 followed bullish, if fall below 1950 to see the callback; Operation suggestions: Gold 1960-1962 regional long, stop loss 1952, target 1975-1990;
Technical side: At present, after gold breaks through the downtrend line, it rises strongly and the market outlook is expected to continue to rise! The operation is mainly based on bargain hunting, and the short-term goal above is 1970-1990; Below 1933-1910; Fundamental: The final result of the American election has not yet been announced, and there is still the...
Trading plan: If you rebound in 1890-1895, you will see that the bearish signal is short, stop loss is above 1911, target is 1850, and if you break it, see 1836-1763;
Wang Chao (gold speculators): Spot gold trading strategy on Tuesday, 7.28 Direction: bullish Spot rose fiercely on Monday, standing firm at the 1900 mark shortly after opening, and then rose like a rainbow. Breaking through the three barriers of 1910, 1920, 1930 and 1940 in succession, and taking a break in the afternoon, However, it rose slightly as a whole,...
Wang Chao: Spot Gold Trading Strategy on Wednesday, June 24 Direction: bullish Spot prices declined slightly during the Asian session on Tuesday, and then began to rise all the way, once breaking through the $1,770 mark. It continued to hit a new high since October 2012, and narrowed the increase in late trading, but it still closed above $1,760. At the close,...
Wang Chao: 6.20 spot gold trading point of view on Saturday. Direction: bullish. On Monday, under the influence of fears of a second outbreak, global assets turned green, global stock indexes fell, and the Dow tumbled 700 points at one point. At one point, American oil fell more than 5%, and gold tumbled nearly $30 to as low as $1704.27 an ounce. In the early...
Wang Chao: Views and Strategies of Spot Gold Trading on Tuesday, June 16 Direction: Oscillation On the first golden week, the spot market started to decline from around 1730, and the U.S. market dropped to 1704 U.S. dollars. Then began to pick up, recover some of the decline. As of the close, spot gold fell 0.29% to $1724.58/ounce. Technical analysis: in the...
Wang Chao: Views and Strategies of Spot Gold Trading on Monday June 15 Direction: Oscillation Spot gold surged and retreated last Friday, while U.S. stocks advanced all the way. The peak was 1742.78 U.S. dollars/ounce, and U.S. stocks began to fall back after opening to below 1730 U.S. dollars. As of the close, spot gold rose 0.13% to $1729.65/ounce. Technical...