Gold has fluctuated and gained momentum in the past two days, but there has been no major correction. Since gold is not going down, it is to gain momentum for an upward attack, and gold will approach a new all-time high. After breaking through the historical high, gold will directly hit 2500. Gold's 1-hour moving average continues to have golden crosses scattered...
Gold has soared, bulls continue to be strong, gold is only one step away from a new all-time high, and gold has the opportunity to hit a new all-time high The 1-hour moving average of gold continues to cross upward, and gold is currently in a bullish trend
The 1-hour moving average of gold is still in a bullish arrangement with a golden cross. The decline of gold is an opportunity to go long. Now the moving average support has moved up to 2416, and gold continued to rise after testing the 2416 support on Friday. Gold will observe the support near 2420 today The trend formation will not end so quickly. After...
The 1-hour moving average of gold has begun to turn. If it continues to form a golden cross upward, then gold will continue to rise. The previous high of 2418 has been converted into support. Since gold broke through the shock range last night and went upward, the bulls are better in the long-short competition.
The 1-hour moving average of gold continues to turn downwards, opening wide and forming a dead cross. There is still room for gold to fall, and gold shorts will continue to exert force. The resistance of the gold moving average has now moved down to around 2395.
Once the trend is formed, it will not change easily. I will stick to the bearish view and carry it to the end. The price of gold is running in a flag-shaped structure of a downward trend. Gold may break through 2380 at any time, so I stick to the high-altitude strategy.
Gold has fallen back after rising several times, but gold bulls are still powerless to turn the tide. Gold is still in a bearish trend and remains bearish after the rebound. The market fluctuations of gold are actually quite active these days, so whether it is a decline or a rebound, there is still a lot of room for it. You must be patient and wait for the...
The gold market has been ups and downs in the past two days, with wide fluctuations. There is no sustained large unilateral market. These two days are not suitable for chasing unilateral trends. However, gold is covered by dark clouds at high levels, and gold can still be shorted at high levels. For today's gold, you can go long first, and then go short near...
Gold is still in a double top pattern in the 4-hour chart. It is not so easy for the market to reverse so quickly for the time being. Gold still continues to see a bearish trend. Gold is still under pressure from the 2450 resistance and is falling rapidly. The strength of the gold bears is still there. Gold can continue to go short near 2440.
Gold did not break through the record high after the non-farm payrolls on Friday. Instead, it turned downwards and fell directly in a waterfall style. The lowest touched the 2410 line, a drop of nearly 68 US dollars. Before the non-farm payrolls data, I warned that gold had a double-top structure, so be careful about going higher. Then it fell back. Gold followed...
The 30-minute moving average of gold has begun to turn around, and the 30-minute chart of gold has a head and shoulders pattern. Gold has begun to be under pressure in the short term. Gold rebounded and fell high under the resistance of 2452. If gold rebounds near 2450, it can go short first.
After the Fed's interest rate decision, the Fed's interest rate cut cycle began to get closer and closer. The Fed was about to enter an interest rate cut cycle. Coupled with the increase in risk aversion, gold rose again, and gold broke through the previous high of 2432. Gold rose again after breaking through 2432. Now that 2432 has turned into support, gold can...
Gold has risen again due to the stimulation of risk aversion. Today, the small non-agricultural sector and the Federal Reserve's interest rate decision will both appear. What kind of sparks will gold create? Gold is likely to remain volatile before the data. Gold can go short on rallies below the high of 2413. Don’t chase the rise before the data.
Gold made two profits from short selling yesterday. Gold fell back after rising in one hour. The rise of gold yesterday was due to risk aversion. As long as risk aversion does not continue, it is reasonable for gold to fall back after rising. Gold rebounded to around 2385 at its highest. The moving average resistance is around 2388, and there is still a lot of...
As I expected, gold encountered strong pressure near 2400 and then fell rapidly.If gold rebounds to around 2390, you can continue to short