Last Friday, gold fell by $100 under the pressure of NFP data. But to be honest, this $100 drop is not the first time; Friday's drop is also common! But this trend comes out, how to operate, how to locate, how to deal with, is very critical! I also know that many people bought gold last week, resulting in huge losses. But I have been selling. So judgment is the...
Yesterday's trading idea was to sell gold at 2428-2433. The first target price is 2410. Today it also dropped to the target price as expected. Let me talk about the current market situation, pay attention to the downtrend line in the picture, I wanted to see this trendline continue to decline yesterday and then drop to 2380 or even lower, because after the...
As for gold, the US market retreated after yesterday's new high of 2450, bottomed out and rebounded, and the daily line closed in a cross. There are several technical points: 1. Today, it directly rose and broke the high, forming a watershed morning low of 2408. This extremely strong market must be a bet on the rise of the European market. On the one hand,...
Crude oil started to fall from the daily high of 88 in a double top pattern, and now it has successfully broken through the key watershed of 81, and the lowest drop to around 77 has eased the decline. It has not been able to break through the 77 mark recently, indicating that there is a lot of buying support, but the trend is still bearish. As long as it does...
On Tuesday (May 21) in the European session, gold rose by about $15 in the short term and is currently trading at 2414-2422. Gold hit a record high of $2450 on Monday due to the news of the death of the Iranian president, which also triggered a discussion on whether gold has the hope of hitting the $2500 mark in the short term. However, as the US session...
Gold broke through multiple levels yesterday and Wednesday, 2360-2365, 2380-2385, and is currently hovering at the 2400 resistance. From the current point of view, the upward trend of gold should not be over yet, so here we still have to be wary of the possibility that gold will continue to rise. Judging from the current 4-hour chart: At present, gold's...