Trader_Marvin

Trader_Marvin Updated 

Dear traders: As I expected, gold failed to fall below 2700 even during the recent bull-bear game. The 2695-2690 area has formed a support area that cannot be ignored, which is conducive to the continued rise of gold. At present, gold has formed a new low structure near 2700 many times in the local structure, so gold may form a new relay platform near 2700. Once...

Trader_Marvin Updated 

Dear traders: Although gold shows the characteristics of non-continuation of rising, it is still in an upward structure as a whole, so gold still has the potential to continue to rise, so I think 2725 is definitely not the highest point. At present, gold is in an upward trend, and the 2695-2690 zone below forms an unignorable support structure, while the 2680...

Trader_Marvin Updated 

I have published today's trading strategy in the channel, although gold’s decline has started to slow and localized rebounds are emerging, I believe the overall trend has not reversed, and the downward movement is likely to continue. Therefore, I do not think this is the right time to go long on gold. Opening long positions now could result in those positions...

Trader_Marvin Updated 

Dear traders: Gold is currently hovering around 2680, maintaining a bullish structure. However, based on the current price action characteristics, I am hesitant to continue chasing long positions. Over the past two days, there has been significant volatility, with many false signals emerging, making me cautious about blindly going long on gold. With the NFP and...

Trader_Marvin Updated 

Dear traders,gold has recently accelerated its upward momentum, reaching a high of $2674. As I’ve consistently projected, gold was set to rise toward the $2670–$2680 range, and now that prediction has been fulfilled! For those of you who have followed my trading strategies and maintained long positions, I trust you’ve achieved substantial profits in this bullish...

Trader_Marvin Updated 

Bros, gold has finally lived up to expectations, successfully reaching my projected target range of 2670-2680. Those who have been following my trading strategy know that I’ve consistently maintained a bullish stance on gold and frequently highlighted the target range of 2670-2680. Now, gold has hit the anticipated level of 2670. In the short term, gold has...

Trader_Marvin Updated 

Gold has been consolidating intraday, fluctuating primarily within the 2645-2655 range. From the structural perspective, it is evident that although gold has repeatedly faced resistance near 2655 in the short term, there is no significant downside retracement, resembling the previous staircase-like upward movement. This suggests that gold could utilize the...

Trader_Marvin Updated 

Gold affected by bearish PMI data, initially pulled back to the 2642 level before rebounding sharply to a high of 2656. It has since slightly retreated but remains in a consolidation phase overall. While gold's short-term bullish momentum has weakened somewhat, it is unlikely to establish a new downtrend in the near term. Recent pullbacks have consistently...

Trader_Marvin Updated 

Bros, as outlined in the trading strategy shared in my previous article, we went long on gold near the 2640 level. Subsequently, gold rallied as anticipated, hitting my target zone of 2655-2660. We manually closed our long positions around 2659, securing an easy profit of nearly 200 pips—a highly effective trading strategy! In the short term, gold reached a high...

Trader_Marvin Updated 

Although gold briefly dropped to the 2615 level yesterday, it quickly rebounded, indicating strong buying interest below. Many investors have been gradually accumulating positions during the pullback, which underscores gold's strong resistance to further declines. Additionally, gold has recently shown a tendency for sudden and unpredictable price swings,...

Trader_Marvin Updated 

Bros, earlier today, we initiated our first trade by going long on gold around the 2628 level, and we have now closed our long position near 2647. While we didn’t capture the absolute peak, we still secured an easy profit of nearly 200 pips. Currently, after touching the 2649 level, gold has slightly pulled back and is now trading around 2642. Despite gold...

Trader_Marvin

Bros, during the second pullback, gold touched the 2639 level but failed to decisively break below it. Clearly, the bullish structure of gold remains intact. In fact, as long as gold holds above 2635, it indicates that the bulls have not entirely lost control. I believe this pullback is merely a healthy correction within the broader uptrend, serving as a...

Trader_Marvin Updated 

Bros, as I mentioned in my previous article, gold remains in a clear bullish structure. The recent short-term pullback is merely a consolidation phase to accumulate bullish momentum for further upside. As anticipated, gold retraced to the 2650-2640 zone, reaching a low of around 2650 before rebounding. Currently, gold has recovered to approximately 2658. In line...

Trader_Marvin Updated 

Currently, gold's rebound has stalled around the 2665 level, followed by a pullback to a low of approximately 2652. Many are likely wondering how far this retracement might extend. From the current structure, despite the pullback, gold remains in a clear bullish trend. During its upward movement, gold gained strong momentum, breaking through multiple resistance...

Trader_Marvin

Bros, just like the trading strategy in my previous article, we accurately captured the trading opportunity of shorting gold near 2646 and long gold near 2636. I made over $10K in profit on two trades,which is a great trading strategy! My original plan was to close the long position near 2650, and then go long gold again after gold faced resistance near 2655 and...

Trader_Marvin Updated 

Currently, gold has risen sharply and broken through the short-term high of 2638. There is no good position to continue chasing the rise of gold. The highest gold has reached near 2646. I do not intend to continue chasing the rise of gold near this position. On the contrary, I have continued to short gold near 2646. When gold falls back to the 2640-2630 area, I...

Trader_Marvin Updated 

Bros, gold has shown a strong rebound within the lower timeframes, surging from 2605 to 2615. While the momentum of the rebound appears strong, it has failed to break through the resistance zone of 2618-2625. This suggests that gold may be depleting bullish momentum within the short-term cycle through accelerated upward movements. From a technical perspective,...

Trader_Marvin Updated 

Bros, gold rebounded after touching 2596 overnight, and has now rebounded to 2617. Although gold has gradually recovered, the momentum behind the rebound appears notably weak, leaving the sustainability of the recovery uncertain. Furthermore, despite the rebound from the 2596 level, there are no clear signs of bottoming out, which suggests that gold currently...