Gold's target next week is 3400+ Gold, which has lost control, has completely entered the trend pattern of direct breakthrough of the V-shaped reversal structure. As shown in the figure: A=B Next, the gold price will have a greater probability of entering a crazy stage and rising rapidly. I don't recommend that you blindly follow my advice to go long. But the...
Gold range: 3160-3135 As shown in the figure: Four-hour cycle Gold's current range: 3110-3130 Key pressure range: 3130-3135 The bottom price of this wave of strong rise is: 2970, which is the strong support area of the double bottom structure. Yesterday, the gold price adjusted around 3050, and started to rise strongly around 3060. Next, we have to consider two...
Gold 3030 Directional Watershed 4.9 Intraday Trading Strategy: Short Position: Short in the 3025-3030 range, strictly stop loss near 3037. Target: 2985-2990-2970-2950 below. Long Position: Long in the 2970-2980 range, strictly stop loss near 2955. Key Risk Control: 3030 Directional Watershed Technical Logic: The 4-hour chart shows that the 3020-3028 area...
Current pressure of gold: 3015-3020 As shown in the figure: We now integrate the downward channel 0 of gold into the chart and draw a very clear conclusion The most direct pressure facing gold is the 3000 watershed The convergence pressure comes from around 3015-3020 The downward support has touched around 2955 Obviously In the coming days, gold will most likely...
Analysis of gold trend:(2080-3050) In the early Asian session on Monday (April 7), spot gold continued to fall, once losing the 3000 integer mark, and refreshed the low since March 13 to 2976.97. Affected by the rising concerns about international trade, US stock index futures continued to fall sharply, and the stock markets of Japan, Australia and New Zealand...
Gold is about to test the 3000 support From the current market, gold continued to fall on Friday and encountered a large amount of selling. It has now hit a low of 3016. Source: The non-agricultural data of the US market will be released tonight, which is obviously bearish, and the gold price has fallen from a high level. At present: the weekly moving average...
Gold price is above 3130, long at low price As shown in the figure 12345 form channel changes respectively, and the trend accelerates upward Principle: Trends are abstract So we draw specific channel lines to intuitively feel the trend You can see that the channel angle reflected by 1-5 is constantly expanding. The reflected gold price trend: emotions are...
Today, the gold price needs to be alert to fall back to 3080. As shown in the figure: Four-hour cycle: The gold price has clearly begun to build a peak. So at present: The 3145-3150 area will become an important pressure stage. The 3115-3110 area will become an important support stage. From the perspective of structure and selling pressure, once the gold price...
Gold prices still have room to rise on Monday As shown in the figure: Four-hour cycle The 1234 rays diverging from point A represent the changes in the angle and intensity of the trend in development The process from 1 to 4 shows that the risk aversion of gold prices is getting heavier, and the trend of forced short selling is becoming more and more obvious I...
Gold prices still have room to rise on Monday As shown in the figure: Four-hour cycle The 1234 rays diverging from point A represent the changes in the angle and intensity of the trend in development The process from 1 to 4 shows that the risk aversion of gold prices is getting heavier, and the trend of forced short selling is becoming more and more obvious I...
Bitcoin will usher in trend opportunities again As shown in the figure: I used the channel within the 4-hour cycle to construct the latest oscillating trend of Bitcoin. From a macro perspective, Bitcoin has entered the late stage of oscillation and will face a new trend outbreak in the next week. All key support and resistance levels are sorted out for...
Gold is expected to peak faster on Friday Gold continued to rise sharply, breaking through the 3000 support, and then the bulls directly rose, forcing the bears to rush to 3080-90. Yesterday, the European session pulled up and broke through the high point, and the US market bottomed out and rebounded and continued to break through the high point, showing that it...
Can gold set a new high? Let's look at the key suppression level! News analysis: 1: Impact of Fed policy: Bostic's hawkish remarks (expecting one rate cut) and Powell's attitude of not rushing to cut interest rates will suppress gold in the short term; but if economic data is weak (such as a decline in PMI), it may strengthen the demand for safe-haven...
Gold may fall sharply on March 27 Technical key position game: Gold has risen by more than 15% this year, and hit a record high of $3057.21 on March 20. It currently needs to break through the 3035 watershed to confirm the continuity of the upward trend. Daily level: Prices fluctuate in a narrow range, and there is pressure for a correction. 3000 integer mark,...
Today, beware of a sharp drop in gold prices: 3005--3010 From a technical perspective: As shown in the figure: Four-hour cycle After gold was blocked near 3021, the short-term downward pressure increased, forming an obvious downward channel. The upper short-term resistance is concentrated in the 3020-3025 range The lower support is at 3005-3000. If the gold...
Gold will continue to rise to 3040-3045 today Gold opened at 3024 today, rose to 3026 briefly, and then fell under pressure, hitting the intraday low of 3013. Then the gold price stabilized at a low level and is currently hovering around 3025. The European session focuses on the upper resistance range of 3030-3035. From a technical point of view, if the gold...
Gold price test on Monday: Pressure around 3040-3045 There is no doubt that gold will definitely face short-selling pressure next. Gold's current fluctuation range: 3000-3060 Head and shoulders top in four-hour cycle, the top is around 3058, and there is a high possibility of a double top structure next So I estimate that the next top is in the 3040-3045...
Friday Gold Recommendations Fundamental Analysis: Current gold prices are supported by the Fed's expectations of rate cuts and geopolitical hedging needs. Weak US economic data has strengthened market bets on a June rate cut, while escalating tensions in the Middle East (such as the conflict in Yemen and Gaza) and uncertainty in trade policy have further boosted...