Category Archives: Gold Trading Strategy

Gold trading strategy 11/04/2019

Today Gold will be a shock upward, 1497 above more single please continue to have patience. In the current blueprint, the longer the shock, the greater the strength of the late rebound, so before the ball start, must be dumped before the previous short holder. In the absence of fundamental stimulus, only shocks can drive up, because the strong support above the narrow consolidation will finally force a short single profit out!

At present, the Gold Day line trend support 1497 is still strong. Morning precision in 1513 entries to do more, the European market price of 1512 near the increase in positions more. Although the shock upward, must also take hold of more reasonable profits to stop! Of course, this is not taken for granted, enough experience to precipitate a wealth of experience, each single need time to verify the answers!

The daily trend is supported at 1497, while the Fibonacci correction level is also at 1497. At present, the market, 1497 support is still strong, in this position above the firm low more bullish! The short-term lower support point is in the 1503 line, further strong support is in the 1497 line!

Today’s Gold Trading Strategy Recommendations:
Gold: 1513 Buy, 1506 Stop Loss, 1520-1530 Take Profit

Gold trading strategy 11/01/2019

Amber, the trend is still relatively in line with expectations, the Federal Reserve this year to complete three interest rate cuts, gold quickly down to steady 1480 levels rebound! Since Tuesday night’s sky-high smashing began, until now, the 1480 is a low-level multi-layout opportunity! The point of persuasion is very clear, the midterm adjustment bottom, after the end of the short is the home of the bulls, and it is likely that 1480 is the starting point of the market. We mention Edd-close the gold-day line adjustment, the band rise can begin at any time!

After retesting the 1480 marker in the early hours of Thursday morning to complete the bottoming recovery, the hour line closed extremely long down the shadow line K line, Showing obvious signs of stopping the decline. Paired off with yesterday’s continuation of the rebound trend, then 1480 lines are bottoming success, the daily line level officially entered the bull strong. Subsequently the market can be seen higher, so the short-term operation, we are still in short-term small retreat after the layout of buy-in.

Today’s Gold Trading Strategy Recommendations:
Gold: 1507 Buy, 1504 Stop Loss, 1517 Take Profit

Gold trading strategy 10/31/2019

1474-1480 support area is anticipated to become the bottom of the stage, market temptation may be launched at any time upward, the current gold 4-hour level of double bottom structure, this structure can refer to GBP/USD or GBP/JPY before the double bottom trend on the daily line! Golden Week line level rise is not over, daily line level adjustment is nearing the goal!

The daily chart continues to be in the Bollinger Bands range with a seismic disturbance. Today’s monthly line official’s work, the daily line two consecutive yin after the yang, and yesterday K yang line pull up to form the yang bao yin form, adjust the end of the market, has not even formed a substantial upward trend. 4 hour single needle bottom recovery, early morning charge a long shadow Yang K, K-line pattern bottom anti-pumping, MACD indicator gold forks, head upward, while rising kinetic energy expansion, 4 hours more, temporary to plunge are also unlikely, at least within the daylight will continue to cross the ink or shock, and then tomorrow with the help of non-farm data to open a certain space.

Gold 1480 support obvious, Wednesday midnight again a wave of rapid decay, continues to explore the rebound itself is a strong performance of the bulls, overnight deep V flip, today is bound to need to move bullish, white market is expected to step back to the 1490 position after another into the buy! Only a complete psychoanalysis of the current trend after the decision to achieve profitability! Even in the case of accurate judgment, because the point problem will appear stop loss, not to mention counter-style operation!

Today’s Gold Trading Strategy Recommendations:
Gold: 1490 Buy, Stop 1487, Stop Loss 1498