Hello everyone. You can also look at gold’s daily chart. There is also a top divergence structure on the gold daily chart that corresponds exactly with the US dollar. Moreover, the golden MACD here has a hard-coded structure and its shape has taken shape. Therefore, the probability of gold falling here is very high. You must not chase the long side of gold...
Gold has now fallen below the trend line on the hourly chart, so gold may have returned to the downward trend. On the hourly chart, there was a five-wave downward trend starting from 1993, and it is currently going down in the third wave. First of all, I don’t know if the bottom of the current three waves will be 1965, but I definitely can’t chase...
In Monday's article, I told everyone that the target position for this rise is likely to be 1970-1980. Sure enough, when it hit this range, it also fell down again. So yesterday I also reminded everyone to short gold in the 1970-1980 range, and gave a 1955 closing order. This week you can find an interesting pattern from 1930 to 1950 on Monday, 1950-1970 on...
After today's CPI data was released, spot gold rose to around 1971 in the short term. In yesterday's Monday article, I told everyone that the gold price change window was coming. As expected, gold rose sharply from around 1931 to around 1950 yesterday. Today it continues to rise again under the influence of cpi, and it is currently near 1971. I also informed...
At the beginning of last week, gold started a downward trend near 1990. After breaking through 1980, it opened up room for decline. As of Friday's close, it closed at 1932. At the opening today on Monday, gold opened lower again, pierced 1932 and then recovered again, and currently continues to fluctuate at low levels. Then after the support here in 1980 is...
Last week, the market experienced a super week brought about by the Federal Reserve’s interest rate decision and non-farm payrolls. However, as the overall market is still at the end of the trend dominated by risk aversion, the overall market still shows a relatively obvious differentiation pattern. Last Thursday, I also mentioned to everyone that we should be...
Last Friday, I also informed everyone to enter the market and go long around 1980-1975, and also told the final TP price from 2000-2010. Looking at this week, if you want to wait for the market to start, you will definitely have to wait until the second half of the week. Because this week will usher in the release of ADP data and non-farm employment data, it...
Gold fell to around 1971 in the short term after the release of stronger-than-expected GDP and durable goods data in the United States. Today's highest reached 1993, and it also fell sharply by 21 US dollars from the high. Gold is now firmly above 1980, and it seems to have once again chosen to continue a wide range of consolidation. In fact, we can easily...
Although gold recovered its losses yesterday, the downward trend has not changed. 1977 is exactly the Fibonacci 50% division position on the hourly chart, and 1977 is also the upper trend line suppression point on the hourly chart. Therefore, the probability of gold continuing to fall here still exists. It can be seen that the current trend line support...
Judging from the 4-hour chart: Gold is currently at risk of a correction. The trend line of the 4-hour chart shows that gold is showing a downward correction trend. Moreover, the current trend line of the 4-hour chart is currently falling step by step, which means that the high point of gold will only get lower and lower. We use 123 to find 4 to judge. You...
Gold is correcting after a week of downward trend. It has almost reached the bottom price area. So I think gold can start trying to buy gold at this level. Gold will form an upward trend at least today and over the next 2 days. So we can stay long today through Thursday. Don’t be overly bearish on gold these days. Gold may rise at any time.
Crude oil currently lacks news, so it is in a downward trend in the short term. And the United States is suppressing the price of crude oil. Unless Saudi Arabia maintains strong production cuts, crude oil will continue to fall in the short term.
Hello everyone. Gold is still showing a downward trend. From the current point of view. The support of gold's daily chart is 1823-1815-1805. Gold fell from 1947 to 1827 today and has reached 120 US dollars. So I think gold may see a small uptick starting tomorrow.
Hello everyone. From the current point of view. Gold is still in a downward trend. So if you buy one now, you will be very passive. But it’s okay to buy short-term gains. Only you can grasp it. The main trend is still the trend of rebound shorting.
As oil giant Saudi Arabia cuts production. As a result, crude oil continues to rise. This is what I told you before. Keep buying crude oil. But there is absolutely nothing wrong with short-term selling. Just can't hold it for long. It can be closed at any time if there is profit. The main trend is still upward. Unless several major oil countries can lift...
Hello everyone. Crude oil rose to a price of 88 yesterday. Today's pullback is a good opportunity to buy. I think prices will find support rising from current levels.
Hello everyone. A new week of trading has begun. Gold is currently rising near 1931. Today the resistance of gold is at 1935-1940. So we can choose to short gold under this price.
Hello everyone. Gold has now fallen to around 1922. There is currently support above 1920 for gold. I think it will rise at this level. Therefore, you can choose to buy gold in the 1923-1920 area to rise. The current stop-loss price for gold is 1915. As long as it does not fall below 1915, gold will rise. Otherwise, it will continue to decline. Good luck to all...