Reliable_Trading

Reliable_Trading Updated 

Yesterday, we made good profits in both transactions. We first shorted at 3030, and then went long when gold fell to around 3005, successfully winning 6 consecutive victories. Now gold has rebounded above 2020. I think the rebound is not over yet. It is likely to hit the resistance level of 3030 today, followed by 3038. At the same time, the possibility of...

Reliable_Trading Updated 

We noticed that gold has just stepped back to the key support level of 3000-3005. The strength of the support here has been seen by everyone last week. As long as it does not fall below this level, gold will most likely rebound again. Therefore, I think that the support area of 3000-3005 can be considered as a short-term long order, and the target is set at 0.618...

Reliable_Trading

Today we shorted gold near 3030, and finally took profits at 3015. Friends who followed the trade made a lot of profits. Congratulations to everyone! In the previous article, I said that as long as the two suppression levels of 3030 and 3038 are not broken, gold will still be bearish. Now that the gold price has fallen as expected, our view can continue to remain...

Reliable_Trading Updated 

Last week, the US dollar index recorded its first weekly rise this month as Fed officials said they were not in a hurry to cut interest rates. Affected by the strengthening of the US dollar and market profit-taking, gold once touched the $3,000 mark in the US market. Subsequently, due to the uncertainty of geopolitics and the US economy, gold rebounded. At...

Reliable_Trading Updated 

Since the first article yesterday, I have said that we should be alert to the risk of callback in the last two days of this week. As expected, the price of gold has fallen to the integer mark of 3000, and we have also ushered in the 4th consecutive victory of shorting gold. The support near the integer mark of 3000 is definitely relatively strong, which is why I...

Reliable_Trading Updated 

In yesterday's article, I reminded everyone to be wary of the callback risk in the next two days this week, and gave a short selling range of 3045-3050, and finally closed the position at 3027 for profit. When the gold price rebounded again, I again gave a sell range of 3040-3045, and hit the take profit at 3030. When it rebounded again in the evening, we sold in...

Reliable_Trading Updated 

In the previous article, I reminded everyone to be alert to the risk of callbacks, and led everyone to sell at 3045 and close positions at 3027, with a very good profit margin. As of now, it is a very correct decision for us to close positions at 3027 in advance to lock in profits. The current price has rebounded to 3042. However, don’t think that the short...

Reliable_Trading Updated 

At present, gold is still struggling in the range, but the hourly chart shows an obvious head and shoulders trend, with the head at 3057, the shoulder at 3045, and the neckline at 3022. Once the hourly chart stands below 3022, the market is expected to fall further to the 3000 mark. Only if it falls below the 3000 mark can it fall better!!!

Reliable_Trading Updated 

The overall effect of this Fed interest rate meeting and Powell's speech was significant, boosting the falling US stocks, and the continuous rise of gold during this period is releasing this positive impact, and there is a great possibility of early digestion. At present, the bullish sentiment of gold is still rising, but I am negative about whether this sentiment...

Reliable_Trading

ETH Technical Analysis and Trading Strategies – March 19 Market Overview: On the daily chart, ETH closed with a small positive line yesterday, continuing the short-term rising pattern. However, the price is still below the moving averages, and despite the golden cross signal, the fast and slow lines are still below the zero axis, indicating a lack of strong...

Reliable_Trading

BTC Technical Analysis & Trading Strategy – March 19 Market Overview: This week, Bitcoin (BTC) has remained in a consolidation phase, exhibiting an alternating bullish-bearish daily pattern. Despite the formation of a golden cross on technical indicators, BTC has failed to break new highs or sustain its upward momentum. Over the past two days, price action has...

Reliable_Trading

As the United States hits the Houthi armed forces hard, the situation in the Middle East heats up again. After two days of volatility, gold has reached a new high today, and the historical high has been refreshed to 3028. Since the 3000 integer mark has been officially broken, the bulls will definitely follow suit, so the bullish trend is certain, and I only need...

Reliable_Trading

In last Friday's article, I said that there is no reason to chase the 3000 integer mark, and I also compared the pros and cons of long and short with you. Then the gold price fell back to 2980 as expected, and the friends who followed my copy trading all made good profits. From the 4H chart, the current 3000 points are at the top position, and the possibility of...

Reliable_Trading Updated 

Due to the dual push of trade war panic and expectations of a rate cut by the Federal Reserve, gold has experienced a surge. While constantly setting new historical highs, it has reached the 3000$ integer mark in one fell swoop. Trump's tariffs have become a key driver of gold's safe-haven buying. A global trade war is escalating as Trump threatens to impose 200%...

Reliable_Trading

My view has been bullish recently. We seized the opportunity in the previous rise and made profits many times, but we didn't catch the big rise today, which is really regrettable. When the gold price was weak at 2948, my plan was to wait for the gold price to fall back to support 2930 before intervening, but I didn't expect that it would suddenly start a violent...

Reliable_Trading

Yesterday, our strategy was to wait for the pullback support before buying, and the result was very good. Gold fell back to the support range of 2902-2908 as expected, and then continued to rebound. Now the price has reached 2948 OANDA:XAUUSD , which is infinitely close to the historical high of 2956. During this period of time, my view has always been bullish,...

Reliable_Trading Updated 

Gold Market Update & Trading Strategy Since yesterday’s rebound, gold has been consolidating at higher levels without significant volatility. As I mentioned before, failure to hold above $2920 would lead to a minor pullback before continuing its upward move. This scenario has played out as expected—gold retraced to $2909 before rebounding to $2925 OANDA:XAUUSD ...

Reliable_Trading Updated 

Gold Market Analysis & Trading Outlook Gold experienced a pullback yesterday, finding strong support at the key defensive level of $2880, which led to a strong rebound. However, the price is now facing resistance again at $2920. Our long positions have already been closed for profit, and we are preparing for the next trading setup. I expect gold to go through a...