Traders-Marvin

Traders-Marvin Updated 

Gold prices rebounded briefly today, but are not out of the woods yet. Weaker-than-expected U.S. ADP employment data reduced expectations for the Federal Reserve to raise interest rates in November and triggered a sharp adjustment in U.S. Treasury yields. Friday's U.S. non-farm payrolls report and unemployment report will be key to determining whether gold prices...

Traders-Marvin Updated 

Gold's decline has been going on for a long time, and gold has been at 1820 support recently. However, the trend of the US dollar seems to have weakened, but the gold market is still languishing under the influence of interest rate hike talk. Observing the trend chart, we found that it was retested near 1826, and then fell back to around 1822. I think gold is...

Traders-Marvin Updated 

Gold opened strong, continuing its rebound from bottoming out late overnight. The U.S. dollar index fell back at the opening, and the 10-year U.S. Treasury bond yield also continued to decline after rising overnight, and the short-term peaking expectations continued to decline, boosting its gold price. but! Although the rebound momentum of the US dollar index has...

Traders-Marvin

Crude oil will continue to retreat when it falls. Crude oil fell sharply yesterday and closed down. The momentum of the oil price's opening decline has slowed down and has stopped falling. However, it is only a technical recovery, and the indicator signals are still biased downward. Amid the general downturn in global financial markets, oil markets remain under...

Traders-Marvin Updated 

Gold fell below the 1820 support level and is now in the 1820 area, which means that gold cannot rise in the short term, which is conducive to short-term gold selling. Good luck and happy trading.

Traders-Marvin Updated 

The gold market was in violent turmoil today. After the United States released the JOLTs news, the price of gold fell to around 1818 in an instant. Then the dollar fell sharply against the yen, quickly raising the price of gold to around 1831. All this happened within two minutes. . Observing the next trend of gold, it is currently around 1824. I think the support...

Traders-Marvin Updated 

The trend of gold has been falling. This trend will not change in the short term. The only possibility of change is the number of initial jobless claims in the United States for the week of September 30 on Thursday. This will be an important signal to determine the trend of gold. The release of this news is likely to send markets into shock. It is predicted that...

Traders-Marvin Updated 

n yesterday's trend, USOIL rose and fell very obviously. Today it is around 88.2 to 88.3, and the resilience at this position is very strong. I will test this support level and if there is no decline then I think it will rise to around 89.3 and 89.5. In addition, the United States will release EIA crude oil inventories for the week of September 29 in five hours,...

Traders-Marvin Updated 

Yesterday, the support level for gold was in the 1820 area, and today the gold price has been moving around 1822. In a few hours today, the United States will release ADP employment numbers and EIA crude oil inventories for the week. This will determine the trend of XAUUSD and USOIL. I still maintain a bullish attitude on the short-term gold trend. The...

Traders-Marvin Updated 

The market is changing rapidly. After the United States announced the number of JOLTs job vacancies in August, the dollar against the yen quickly fell below the 150 mark for the first time since October last year. The U.S. dollar index sharply touched 53 points in the short term, which will cause gold to rebound and rise.

Traders-Marvin Updated 

As the U.S. dollar continues to strengthen, there is no hope for gold to rebound.Now we can only wait for this market to stop falling and reverse before going long on gold. Before the market has an obvious reversal pattern, you must not guess the top.

Traders-Marvin Updated 

Edward Moya, senior market analyst at OANDA, told MarketWatch: "Spiking U.S. Treasury yields and a stronger U.S. dollar are gold's 'nemeses.' Looking at the chart, gold remains clearly oversold in the face of rising interest rates and rising U.S. Treasury yields. Hitting new highs, traders are more inclined to short gold.Gold is in the "danger zone" and if the...

Traders-Marvin Updated 

Crude oil currently lacks news, and it is in a downward trend in the short term.Through the analysis of the hourly chart of crude oil, we know that yesterday the market first rose and then fell above the 91.60 line and fell back, and then reached the 88.30 line. It is currently hovering around 88.50, with no hope of short-term rise.

Traders-Marvin Updated 

Although the gold price once fell to 1828 today, it now seems to be rising, which is consistent with my expectations. Now is the best time to go long. XAUUSD buy 1833 TP 1840 SL 1825 Good luck and happy trading.

Traders-Marvin Updated 

The price of gold is swinging today, rising to 1840 and then falling back to around 1835. I think it should rise next, while the fall is temporary.

Traders-Marvin Updated 

Today is Monday I have been observing the increase in gold prices. The market is still turbulent, climbing to 1844, and now falling back to 1838. My suggestion is that it will rise after a short decline.

Traders-Marvin Updated 

Experts predict that gold is about to rise in the fourth quarter, because the US dollar has peaked, and gold has now reached its lowest point after facing multiple sharp declines. The upward trend is inevitable.

Traders-Marvin Updated 

USOIL reached a peak of 93.000 last week, and the trading strategy this week is still long. First of all, it has experienced two declines and is now hovering around 91.100. My suggestion is to enter the market now and take profit at 91.800. Stop loss 90.700. Good luck and happy trading.