The ups and downs of gold this week continue, with volatility still in play. The constant is the sweeping, while the changes involve the space—breaking highs and dropping back, breaking lows and rising. Even after a breakout, it’s possible to forcefully pull back into the range to continue the sweeping. In the face of such market conditions, one must not overly rely on technicals; as long as position risk is managed reasonably and one does not blindly chase highs or panic sell, there isn’t much to worry about. There’s a saying: treat a one-sided market as a range, and don’t turn a range into a one-sided market!
$XAU #黄金 $BTC The formation of trends is not achieved overnight; it is the repeated ups and downs that create a traceable trajectory. Trading is not just about hard work; it also requires assessing the situation to discern risks. Recently, gold has shown insufficient continuation of bullish momentum, and the price trends have leaned more towards fluctuations. In the short term, the gold price has failed to stabilize above 5200, and with a slight downward movement starting, given the current pace and the four-hour trend, there is still a strong demand for a pullback. For the upcoming operations, my personal suggestion is to maintain a focus on short selling at high levels, with a short-term target of 5175-85 being a very suitable position. There is a high probability that the lower level will test 5120-5100, and once it breaks below, it will aim for the 5000 mark.
Good morning! No matter what challenges you face today, keep a positive attitude and move forward with determination! 💪 Don't forget, every effort you put in deserves a thumbs up.
The gold position at 5180 arranged in the early morning also provided an opportunity to enter the market as expected, and the order successfully reached the target with a gain of 50 points! Currently, for short-term rebounds, look for points to go short in the Asian session, reference positions 5170 and 5190.
$BTC 🧐 The golden volatility is no longer what it used to be! The current gold price fluctuates daily not only quickly but also with a large range, causing many investors' hearts to race! 💰 Is it an opportunity or a risk? After today’s consolidation, a downward test is chosen, with a weak short-term bias still showing downward signs. In the short term, it is recommended to focus on shorting around 5170-85, aiming for 5130-20;
The recent drop in gold was anticipated; unfortunately, the entry point did not reach the ideal position of 5200, and friends who were waiting might not catch up in time.
During the session, we first shorted at 5192 and took 27 points, then went long again at 5170 and took 22 points. Both short-term trades were completed successfully. The charm of volatility is that the meat is tasty and the risk is low; when it's time to act, one should act.
$BTC Beijing time on Wednesday at 20:30, the U.S. Bureau of Labor Statistics will release the February Consumer Price Index (CPI) report, and the market generally expects it to be almost unchanged from January's data: the CPI is expected to rise 0.3% month-on-month, while the year-on-year growth rate is expected to remain at 2.4%. After excluding the more volatile energy and food categories, economists expect the core CPI to rise 0.2% month-on-month and 2.5% year-on-year.
The February CPI report will be closely watched by the market, as investors are using it to assess the trajectory of U.S. inflation and the possible direction of Federal Reserve policy. Signs of cooling inflation could further strengthen expectations that the Federal Reserve will maintain a cautious stance before taking further action.
Regarding this data, Goldman Sachs is optimistically expecting cooling inflation; however, there are hidden concerns behind this report. How will the Federal Reserve act subsequently? There will likely be significant volatility at that time, and everyone must manage their risks. As for the current decline, the late market still sees a high probability of breaking down.
Personal advice is to place 5% short positions at 5200 and 5230, with a potential test of breaking below 5150 before looking at 5120.
Gold investment is also about calming the mind. Do not criticize, do not waste energy, do not follow blindly. Have a plan, stick to the rhythm, maintain a steady mindset. Be less anxious, be more certain, Time will give you the answer.
The gold market is fluctuating around 5220-5180, currently showing a stalemate between long and short positions. It is highly likely that the evening will still see fluctuations and consolidation. It is important to pay attention to the U.S. CPI data, which has a significant impact on short-term volatility, to see if we can break through. We will adjust accordingly at that time. #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 $BTC
3.11 Today's Key Data and News Focus Overnight gold prices surged significantly and then retreated, ultimately the bulls were stronger, but gold prices still hovered around 5200. This morning, let's observe the strength of the bulls; the one-sided trend isn't substantial, still waiting for an opportunity to participate in the fluctuations.
There are no paths in life that are walked in vain; choosing is returning, what is missed becomes a story, and what is grasped is life! Good morning~
Gold is a bit strong this morning, short positions will first follow and collect 20 points. Currently, the momentum remains strong, and gold prices are expected to rise further. In the short term, we can continue to buy in batches at 5145 and 5120. Watch the testing strength at the 5200 level above. #亚洲股市暴跌 #伊朗新领袖 #国际油价突破100美元 $BTC $XAU Once it breaks through, it will disrupt the fluctuation and continue to rise.
$BTC Gold, after a strong opening in the early morning, began to plummet sharply, reaching a low near 5014. It then stopped falling and rebounded. Currently, the price has risen back to around 5100, still facing short-term pressure, and it is expected to experience another downward fluctuation.
Next, it is recommended to pay attention to the 5075-60 area for a potential move, with a 10-point defense, looking up to 5120; the first time this level is touched, one can consider taking a short position.