SXPkings

SXPkings Updated 

Gold operation strategy reference: Strategy 1: Short (buy decline) 20% of the position in batches when gold rebounds to around 2627-2630, stop loss 6 points, target around 2615-2610, break to see 2605 Strategy 2: Long (buy rise) 20% of the position in batches when gold pulls back to around 2602-2605, stop loss 6 points, target around 2615-2620, break to see 2625

SXPkings Updated 

From the 4-hour analysis of gold, gold closed at 2627 again from the high this morning, but the market still did not reverse. On Thursday, we will continue to focus on the short-term suppression of 2630, focusing on the important suppression of 2640. In terms of operation, we will still treat it as a rebound short-selling for the time being. Don't be blinded by...

SXPkings Updated 

Engulfing Zones: The term "engulfed" on this chart represents price levels where strong price movements absorbed opposing orders, marking areas of liquidity shifts. The most recent engulfing level near $93,500 is a critical pivot. It has established itself as a short-term resistance point to watch. Support Zone: The shaded region around $91,000–$92,000 has...

SXPkings Updated 

We almost did it today ‘‘twas a close call but price failed to remain above $96,441 I’m going to start a SHORT position at the close of this monthly candle in the next few minutes. $90,696 will be short term target. $83,345 will be long term target.

SXPkings Updated 

As we approach 2025, financial markets are witnessing significant volatility in major currency pairs such as the Euro/US Dollar (EUR/USD). In this article, we will look at the technical analysis of this pair and examine a scenario where the price could decline to the channel floor support at 1.0241 if the key resistance at 1.0371 holds. Scenario Ahead In...