In the 15m chart, it first formed a head and shoulders top, and then formed a double top, and the short position will come again, and it is easier to make money by shorting.
Starting today in the U.S. market, there will be initial jobless claims data, and the superposition of the two will have a great impact on gold. More importantly, gold is now near 1900. Usually, there is support at the integer mark, which makes the data more important. If it is bearish for gold, will it fall below or rise in the opposite direction? If it is...
Today we shorted gold in 1930-1933, and completed the stop profit in 1924-1923. When it came around 1926, I traded short again and I still hold it now. On the 30m chart it has the tendency to form a head and shoulders top, once formed it will drop lower and my shorts will take profits again. I will share more information with you on the channel, you are...
Last Friday, gold rebounded, broke through 1923, rose to 1937 resistance and then fell back. In the process of backtesting support, it directly fell below 1928-1923 and reached our target of 1918. Over the weekend, the Wagner incident broke out, and the risk aversion sentiment made gold open higher today, recovering 1928 again. Observing the 1h chart, it has...
Today, our target 1920-1913 has been reached, and now, in its 15m chart, the trend of building a bottom has begun, which portends a rally to follow. Judging from the previous trend, I judge that its resistance is in the 1923-1932 range. Therefore, my point of view is that you can choose to go long first and then short, or you can wait for the rebound and...
In the past three weeks, gold has been oscillating in the 1970-1930 area. Within this range, 1940, 1955, and 1969 have been tested repeatedly. Yesterday’s closing price was around 1958, which is considered to have broken through the resistance of 1955. However, in the 1h chart, the form of MACD is at a high level, with a downward trend, and the K-line...
Yesterday, gold was resisted at 1939. When the news about Powell appeared, it quickly fell below 1920, and then rose rapidly. Haha, Powell is really a great helper for the bears. There is still important data today, and Powell will attend the hearing again. Guess, will gold fall today? Except for the fundamentals, in the technical form and 2h chart, MACD...
Judging from the current trend, gold will inevitably fall below 1900 next, so my point of view is to short at a high level. You can go long, but you can't stay long for too long, and don't trade too much volume, because it may make you feel miserable. The safest way is to rebound and short until below 1900.
In the 2h chart, MACD has a golden cross trend. It is necessary to observe the support of 1950 and the resistance of 1955. If the support falls below, the formation of this golden cross will fail, and it will continue to fall. It is expected that there will be support near 1940. If the 1950 support is valid and the golden cross is formed, it is expected to...
Yesterday, I traded in the 1956-1932 range and successfully made a profit. Now the market is oscillating around 1934. There will be initial jobless claims data later. It is expected that it is more likely to be beneficial to gold bears. The trading point of view is to short, and the range is 1944-1907 . Trading Signals: sell:1935-1944 tp:1920-1907
USOIL30m chart, after the arc bottom is formed, encounters resistance near 70, forming M top (double top), MACD death cross, judging from the shape, it should be a pullback and then rise, so, my trading point of view is to be short first , and then go long. Trading Signals: sell:69.3-69.5 tp:68.5-68.3 buy:68.5-68 tp:70.3-71
There is resistance in 1955, support at 1938, if it falls below the support, look at 1933, so today's trading point of view is in the range of 1932-1956
Today, the CPI data is good for gold bulls, but instead of rising, it fell, indicating that the bears are very strong. It fell from 1971 to 1941, with a drop of $30 in the middle, and it is now very close to the previous low of 1938. The deviation in the technical form is already very large, and it needs to be repaired. Usually, the previous low will be...
Today, my plan was to continue to long it at a low level, but when the data was released, it didn't rise much. I told everyone that if it doesn't break the 1966-1969 resistance soon, it will continue to fall. then we all saw it, it failed to break resistance, so we changed plans, a short trade is made. Just imagine, if we hadn't changed our strategy in time,...
Today we continue to do long gold at a lower position according to the plan we have formulated. In the 1D chart, the resistance of MA20 has been broken, and the arrangement of K lines also shows signs of forming a small bottom, which is beneficial to bulls. The 1h chart shows that the price has broken through the suppression of all moving averages, and MACD is...
We plan to trade long in the 1958-1948 range today, and the current minimum is 1949. 45m in the chart. The dead cross of MACD has formed. As I said, after the dead cross is formed, its short power will begin to weaken. This is the time for us to trade long positions. Now, our long trades have begun. From the graphic point of view, the current resistance is at...
In last Friday's trading, the strategy I gave was short selling, and at the same time I briefly explained today's trading, I believe all the friends in the channel know. Today, gold rebounded after stepping back on the support of 1955, which is in line with our plan to be long gold. First of all, congratulations to friends who participated in long trading,...
In the past week, a lot of things happened in the market and a lot of data was released, but because of data hedging, gold did not fluctuate greatly, with a minimum of 1933 and a maximum of 1983. Nevertheless, we also made good profits. I love it so much! Now, follow me as we make beautiful plans for our deals this week! This week, there are not many important...