1. $Gold - main 2506(GCmain)$ The market is really unexpected. After falling by $70, the US market can actually make a V-shaped reversal and rise by $100! The main reason is that large Wall Street institutions and large global major buyers are harvesting the market! Now the dense resistance is around 3240. If it breaks through smoothly, it will fill the gap left by the previous decline! Continue to stand above 3300! ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of C
Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2506(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Yesterday I already said that the key support around 3270 will be broken, and has been successfully broken! Today, gold will continue to dip! 3100 will not be guaranteed! Continue to keep sell orders trading!Image2.Gold Trading Alert: Gold Price Plunges to New One-Month Low! Is it a good opportunity to bottom out or a precursor to a crisis? Concerned about the ‘horror data’Thursday (15 May) Asian morning trading, gold low hovering, currently trading at $3183.50 near. Gold prices fell more than 2% on Wednesday, the lowest $3,167.94, a new low since April 10, closed at $3,177.
GOLD: Continue to Fall Sharply! The Market Turn to be Positive?
Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2506(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Continue to fall sharply! Partners have made a maximum profit of 200 points! The New York market is about to start, and gold will most likely fall below $3,200! 2.Gold's slide suddenly accelerated in the Asian market on Wednesday (14 May), with gold prices just dropping to $3228.66, hitting an intraday low ! In the short term, according to the 4-hour chart, the mildly bullish 200-period SMA is providing support around $3225.40, but at the same time, the 20-period SMA has accelerated to the downside after breaking below the flat 100-period SMA, in line with increased selling
$Gold - main 2506(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold is on the verge of something big! Watch out for the US CPI to blow up in a big surprise! If the U.S. CPI data is hotter than expected, it could push gold prices down towards the 50-day moving average at $3,145. Next good support levels are expected at $3,100 and the 10 April low of $3,072. If the US CPI data surprises to the downside, gold prices could regain the 21-day moving average (currently at $3,311). Once this level is breached, bulls aim to test the downtrend line resistance at $3430. A sustained break above this resistance would open the door to record highs of $3,500 for gold prices. Expect today's trading range to be at 3293-32
$Gold - main 2506(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Technical: From the market structure, since 3200 points to start the rising market, gold did not appear obvious pivot finishing, accumulated a strong pullback energy. H1 trend, the current adjustment is more likely to fall zigzag or rectangular oscillation in the form of the unfolding, rather than a strong breakthrough. The reason is 1: the weekly pressure level has not been effectively digested; 2: the market has not yet appeared new good drive. The probability of a pullback in the short term is much greater than the continuation of the unilateral upward trend.It is expected that after the opening of next Monday, gold will continue to maintai
Hello everyone! Today i want to share some trading analysis with you!1.TECHNICAL: $S&P 500(.SPX)$ Gold's rally has paused and opened the door to a sharp decline as the price has fallen back below $3,400.Momentum, as depicted by the Relative Strength Index (RSI), suggests that buyers are losing momentum. That's not good for gold, and a drop below $3,300 could intensify the downtrend and head for the cycle low of $3,202 on 1 May. If gold climbs above $3,350, this could push the price back towards 3,400! ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:
Hello everyone! Today i want to share some macro analysis with you!1.Gold prices attracted some buying on the low side and popped above $3,400 during the Asian trading session on Thursday. U.S. President Donald Trump said he was in no hurry to sign any deal, lowering hopes for a quick resolution to the trade war. This, along with geopolitical risks from the Russia-Ukraine war, the Middle East conflict and the dangerous military confrontation on the India-Pakistan border, supported safe-haven gold. Opan an account to hedge you losses in the cloudy market!Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!For whom haven't open CBA can know more from below:Find out more here:
Hello everyone! Today i want to share some macro analysis with you!1.Monday opened with a short climb in gold! It touched a high near 3272.5! Currently the technical side of the pullback adjustment! VIP group of Asian market signals sell orders successfully profit! Congratulations! Note: In the short term, gold still has the risk of retracement! Asian markets continue to keep sell orders trading mainly! $XAU/USD(XAUUSD.FOREX)$$Gold - main 2506(GCmain)$ 2.Friday (May 2), the U.S. Bureau of Labor Statistics (BLS) released the much-anticipated April non-farm payrolls report, the data showed that the U.S. economy added 177,000 jobs, exceeding market expectations of 130,000, showing that the labou
$Gold - main 2506(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Important data NFP data will be released! TECHNICAL: Gold prices are experiencing a pullback as buyers failed to hold the 23 April low of $3,260 and are now targeting the $3,200 handle. The Relative Strength Index (RSI) is falling towards the neutral line, suggesting that sellers are entering the market.Therefore, if gold prices effectively fall below $3,200, the next support level will be the $3,167 high of 3 April. Once that level is lost, the next target will be the 50-day simple moving average (SMA) of $3,080. Gold is expected to continue to trade in oscillators in the Asian European markets! Trade to keep sell orders trading! Trade in the
Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2506(GCmain)$ fell below $3,250 and retreated more than $40 from its daily high! Touching near 3244, a belated decline, gold is now falling below key support locations! Intraday, the downtrend is expected to continue! Trade with the trend and keep sell orders trading!Image2.Gold chose to continue entering sell orders at 3238-40, TP:3220 SL:32503.I have always believed that gold will retrace in the near future! And reach 3250!Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!For whom haven't open CBA can know more from below:Find out more here: