In the morning, we openly went long, 2496 line went long, gold went out of shock, and now it is at 2500, with a profit of 4k+ The hourly line of gold obviously supported, and the K line consolidated the bottom signal again. This 2493-2490 area is obviously the previous low point, and it is also an obvious support. The bottom signal is consolidated again. The K...
Through the analysis of the hourly chart of gold, we know that the market rose first and then fell on the previous trading day. Affected by the delivery period, the main bulls once again opened positions at the 2492 line below. We can clearly see from the chart below that when the previous wave fell back to the 2493 line, the main bulls opened positions again,...
Gold is long near 2490. In the 4-hour period, there is a pressure level of 2530 on the top and a first-line support of 2492 on the bottom (it cannot fall after being touched multiple times). It is not a unilateral trend at present, so it still takes a long time to fall back. The middle track of the Bollinger Bands runs horizontally, and the price of gold is...
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8.29 Data 1. The European market rose slowly. If the market is extremely strong, there will not be a large retracement. As a result, the US market has a large retracement. 2. The US market quickly bottomed out at 2503, which is the 618 position of the previous day. Relying on the 618 position to rise, this position is the same as the previous day, and it...
(August 30) In early Asian trading, spot gold fluctuated slightly and is currently trading around 2515. Gold prices rose by about 1% on Thursday, closing at 2521. Due to rising concerns about geopolitical situations, gold prices once rose to around $2528, approaching historical highs, but the upward revision of the US GDP in the second quarter and the number of...
Gold overnight short at 2526 fell as expected, profit 60K+, continue to short in the morning rebound! If gold does not break the historical high, gold will still fluctuate at a high level. Gold overnight short at 2526 fell as expected. Gold is now fluctuating. If gold does not break the historical high, gold rebounds and is still under pressure. If gold does not...
In the early Asian session on Thursday (August 29), spot gold suddenly rose rapidly in the short term, and the price of gold just broke through $2,515/ounce, rising more than $10 during the day. Previously, spot gold closed down $19.95, or 0.79%, at $2,504.59/ounce on Wednesday. On Friday, the core personal consumption expenditure (PCE) price index, the...
In early Asian trading on Thursday (August 29), spot gold fluctuated in a narrow range and is currently trading around 2520. Gold prices fell 0.8% on Wednesday to close at 2504. Affected by the strengthening of the US dollar, investors are paying attention to key inflation data from the world's largest economy to find clues about the scale of the Fed's possible...
Gold has been rising in the middle of the night these two days. Gold has reached a high level again. Every time it goes up, we have to consider whether gold has finished adjusting and has begun to turn. The choice now is to repeatedly build a peak or accumulate momentum to break through; but since gold has not broken through yet, we will continue to short at a...