Gold tip to buy near 4840, after a final pullback to 4834 it rebounded, currently at 4886, successfully realizing 46 points! #SEC澄清加密资产分类 #美国2月PPI超预期 #英伟达GTC大会
Gold/XAUUSD narrow fluctuations, continuing to buy low
Yesterday, during the day, gold maintained narrow fluctuations, with the range compressed between 4992-5044. There were two indications to buy low at 5000 during the day, both resulting in considerable gains. After a midnight drop to 4973, the range was compressed again.
Currently, the daily chart shows a small doji candle, with both bulls and bears appearing cautious. The 4-hour chart is running between 4970-5040, and the 1-hour chart has entered narrow fluctuations, with downward momentum gradually weakening, continuing to buy low in the short term.
Yesterday, gold first short then long, 13 consecutive wins, perfect conclusion!
Wave 1: 5022 enter short 5015 exit gained 7 points Wave 2: 5018 enter short 5006 exit gained 12 points Wave 3: 5006 enter short 4997 exit gained 8 points Wave 4: 4998 enter short 4991 exit gained 7 points Wave 5: 4986 enter long 5008 exit gained 21 points Wave 6: 5006 enter long 5016 exit gained 10 points Wave 7: 5008 enter long 5016 exit gained 8 points Wave 8: 5008 enter short 4993 exit gained 15 points Wave 9: 4987 enter long 4998 exit gained 10 points Wave 10: 4991 enter long 4997 exit gained 6 points Wave 11: 4993 enter long 4997 exit gained 4 points Wave 12: 4992 enter long 5004 exit gained 12 points Wave 13: 4997 enter long 5015 exit gained 18 points
The market is always full of opportunities; what is lacking is precise judgment and strict execution.
Today, we continue to delve into the market, carrying yesterday's victory, and moving towards higher goals! #美国PCE数据将公布
Gold/XAUUSD is fluctuating in a narrow range, continuing to go long
Yesterday, gold continued its decline from Friday, opening lower in the morning and rebounding after hitting a low of 4967, returning to above 5000. The high reached 5036 before falling again. Our long position also perfectly realized 50 points. During the European session, the decline continued, testing 4970 again, and during the US session, it rose again to 5037 but faced resistance and fell back. In the evening, the first long then short positions realized 40 and 50 points respectively!
Currently, gold maintains a narrow fluctuation on the daily chart, with three consecutive bearish candles forming a doji yesterday. Both bulls and bears appear cautious in their contest. On the 4-hour level, it operates between 4970-5040, while on the 1-hour level, it has entered a narrow range with downward momentum gradually weakening, continuing to go long in the short term.
Entry opportunity: Go long near 5000, target 5040-5080 #美国PCE数据将公布
The gold rebound failed to break 5040, ultimately stopping at 5037, and then fell under pressure, with the low reaching 4987.
Evening reminder: the failure to break 5040 allows for a short position in this area, successfully realizing 50 points! #Meta计划裁员 #比特币升回7万 #Aave换币风波 #AI交易指南 $BTC
Gold/XAUUSD rebounds from the bottom, continuing to buy low during the U.S. session
In the morning, gold continued the downward trend from Friday, opening low and rebounding after reaching a low of 4967, returning to the 5000 mark, with a high of 5036 before falling again. Our low buy was also perfectly executed with a profit of 50 points!
Gold maintained a range between 4960-5040 during the day, fluctuating. In the 1-hour timeframe, it dropped to 4970 during the European session before rebounding again. In the evening U.S. session, pay attention to the support around 4960, and if it stabilizes, continue to buy low. Attention to the resistance around 5040 above; if the breakout fails, you can short in this area.
Gold/XAUUSD showdown at 5000! Next week, gold will face a decisive turning point!
Yesterday, gold continued its downward trend, maintaining a range-bound movement during the Asian and European sessions, and facing pressure to decline during the US trading period, with a low point reaching 5009. The daily line ultimately closed with a large bearish candle, and currently, the US and Iran are in full confrontation, with Iran continuing to block the Strait of Hormuz. Although the situation in the Middle East has heightened demand for safe-haven assets, the high oil prices and inflation expectations, along with the Fed's hawkish stance of possibly cutting rates ≤1 time, have further suppressed gold prices.
Although gold is currently on a downward trend, it has not broken below the 5000 level and is still operating within a range. Next week, attention should be paid to the Fed's interest rate decision and comments from old Powell. Key support at 5000 should be monitored; if it effectively breaks down, the downward trend will further open up, and a rebound could be shorted. If it holds, there is a high probability of returning to range-bound movement, and one could consider attempting to go long. The core trading focus for next Monday: closely watch the gains and losses at the 5000 level, as this position will directly determine the short-term direction of gold.
Global assets are broadly declining, with Bitcoin increasing by 3000 points in one day!
Currently, global assets are generally falling: U.S. stocks, gold, silver, crude oil, bonds, and most assets are under pressure, with safe-haven and risk assets weakening together, while Bitcoin rises against the trend: breaking through $70,000, with a 24-hour increase of about 4%, clearly decoupling from traditional markets.
There are obvious signals for a false breakout; be cautious of a high-level plunge.
Gold retracement 5073, don't think about shorting with the trend, shorting at low positions will leave you short in the valley, this position can be a low long for a rebound in the short term, target 5100-5130 #比特币升回7万 #美国PCE数据将公布 #伊朗总统之子称新任最高领袖平安
Gold/XAUUSD is oscillating within the range, continue to go long
Gold has been fluctuating between long and short positions, currently the bears are dominant again. Last night, the gold price dropped to 5055, tested the key support and then rebounded, currently running around 5120. The daily indicators are pointing downwards, with support around 5050 to watch closely. If this level is lost, the gold price will continue to decline. In the short term, we expect a rebound correction. Watch for resistance around 5150.
The market is no longer fully betting on the Federal Reserve cutting interest rates this year
Without the support of interest rate cut expectations, can Bitcoin confidently stand at the 70,000 mark? The answer is definitely no, it may even go down to 6 starting with #伊朗总统之子称新任最高领袖平安 #特朗普称伊朗战事接近尾声