Gold market trend analysis and operation strategy

已更新

Gold technical analysis
Daily resistance 2445, support below 2401
Four-hour resistance 2425, support below 2401

Gold operation suggestions: Yesterday, gold reached 2364 and stabilized and rebounded. Finally, the gold price rebounded further in the US market and closed above the 2400 integer mark. The overall price finally returned to the 2400 mark after a wide range of long and short tug-of-war around the 2364-2458 range and fluctuated. Judging from the current trend, the support below will focus on the 2400 mark today, and the pressure on the top will focus on around 2425-2434. During the day, we will rely on this range to sell high and buy low.

From the current trend, today's support below focuses on the 2400 mark, and the upper pressure focuses on the 2425-2434 area. Sell high and buy low in this range first.

BUY:2401near SL:2395
BUY:2425near SL:2422
BUY:2445near SL:2440
SELL:2470near SL:2474

交易开始

The yield on the 10-year U.S. Treasury note hit its lowest since mid-2023 as recession fears intensified after a dismal July jobs report. Still, gold prices, which have risen more than 16% so far this year, could regain their footing going forward, given ongoing economic and political uncertainty and expectations of rate cuts from the Federal Reserve, which should bode well for zero-yielding bullion. Gold prices are still up about 17% this year, supported by expectations of a shift by the Fed toward monetary easing. Lower borrowing costs are good for gold, which pays no interest. Swap traders are pricing in at least five 25 basis point rate cuts by the Fed in 2024, with a 16% chance of an emergency rate cut before the end of its next scheduled meeting on Sept. 18, amid concerns the U.S. economy is sliding into recession. Increased purchases by central banks and Asian consumers also helped boost gold prices. Heightened geopolitical tensions in the Middle East, with Israel preparing for attacks from Iran and regional militias, also supported gold prices.

交易开始

I hope my analysis and strategy can help you. If you have any ideas, you can also leave a message to share.

交易开始

Investing is a long-term solution, not a one-time investment, so don't be hasty. Even if you are losing money now, there is nothing to be afraid of. As long as you make the right choice, everything you lose will come back

交易开始

I promised too much, but what you got was far from what you got. The trust between people gradually disappeared. What I want to do is not a one-time transaction, but a long-term win-win relationship. I can help you establish your own investment philosophy, so that you can go further, create brilliance, and achieve win-win cooperation.

交易开始

There is no 100% correct answer here, only reasonable operation ideas. You can control the proportion yourself. There is no unprofitable investment, only unsuccessful orders! Whether you make money or not depends on your grasp of the buying opportunity. Making money depends on opportunities, investing depends on wisdom, and financial management depends on expertise.

交易开始

If you have any ideas, please feel free to communicate with me. I will also share my thoughts and trading experiences every day. I hope my analysis and strategies can help you.

交易开始

I have met many investors who are still losing money and are confused. There is no unchanging market, and there are no unchanging investors. They need to keep learning and adapting to adapt to the market. With many years of industry experience, we provide you with valuable investment information

交易开始

Hello everyone, if you have any thoughts or opinions about today's market changes, you can leave a message in the comment area to share your thoughts. If you have any questions, I can help you

交易开始

Let's see what happens in the next few days?

交易开始

If you want to understand. You come to the market to make money. Also for fun. Then follow me. Do as I say and your profits will double. Let your profits grow. As long as you stick to it, your weekly stable profits will be at least between 50% and 200%. Don't wait until your account balance reaches 0 to realize there is something wrong with your trading methods.

交易开始

Hello everyone, if you have any thoughts or opinions about today's market changes, you can leave a message in the comment area to share your thoughts. If you have any questions, I can help you

交易开始

Many friends have made a profit through our signals. Most people have made a lot of money. Many friends did not listen to my advice and chose the wrong way. They thought they could make a profit. When trading, we often only buy but not sell, but forget to set a stop loss, which will lead to a large loss in the trading account. In serious cases, it may even burn your account. If you still have money in your account and want to recover all your losses, or you are a novice trader, you can contact me. No matter how much money you have, you can get my help! This way you can have more time to spend a happy weekend with your family.

交易开始

I have met many investors who are still losing money and they are confused. There is no unchanging market, and there are no unchanging investors. They need to keep learning and adapting to adapt to the market. With many years of industry experience, we provide you with valuable investment information. This week's profit plan has been completed. If you need the latest and most accurate internal profit signal, contact me and I will help you!