Yesterday we followed up at $2127 and $2134. With the strong intraday breakthrough, the current price has reached above $2150. Only continuous expansion of profits is the best feedback for our partners who follow us.
On the previous day (March 5), the price of gold rose and touched US$2,141. Although it did not form a breakthrough to the previous high, the price remained stable at a high level and did not show a strong correction during the period. Since it can maintain stability, it is easy to A fundamental push will allow the bulls to restart, and they made a strong breakthrough last night.
Yesterday, Federal Reserve Chairman Powell stated in his testimony that the committee does not expect to lower the interest rate target range until economic indicators are stable and inflation is sustainable towards the 2% target, which means that it is in no rush to cut interest rates. However, he also stated that at some point this year At this time, it may be appropriate to start cutting interest rates.
Many people think that Powell's speech is directionless and cautious. However, in the current market environment, if the content of the speech is to make a positive or deviating statement, it will inevitably trigger big fluctuations. Therefore, caution in speech is the key. Understandable and of course expected.
As of yesterday, the price of gold has been rising for six consecutive days. Especially yesterday, it broke through the previous high and set a new historical high. It is not ruled out that it may continue to break upward and close again today. After all, the strong pattern is still there and the upward trend is still strong.
Again, don’t be afraid to buy because of the high price. The high point you cannot see when it is strong is the high point. Therefore, we continue to be bullish on gold today. After the early high of US$2,144 was broken through, the resistance became support. This level happened to be the low of today's Asian trading session. It seems that the support is effective at present. We will use this as a defensive step to bullish during the day. It is expected to continue to rise to 2175-2178. .
On the previous day (March 5), the price of gold rose and touched US$2,141. Although it did not form a breakthrough to the previous high, the price remained stable at a high level and did not show a strong correction during the period. Since it can maintain stability, it is easy to A fundamental push will allow the bulls to restart, and they made a strong breakthrough last night.
Yesterday, Federal Reserve Chairman Powell stated in his testimony that the committee does not expect to lower the interest rate target range until economic indicators are stable and inflation is sustainable towards the 2% target, which means that it is in no rush to cut interest rates. However, he also stated that at some point this year At this time, it may be appropriate to start cutting interest rates.
Many people think that Powell's speech is directionless and cautious. However, in the current market environment, if the content of the speech is to make a positive or deviating statement, it will inevitably trigger big fluctuations. Therefore, caution in speech is the key. Understandable and of course expected.
As of yesterday, the price of gold has been rising for six consecutive days. Especially yesterday, it broke through the previous high and set a new historical high. It is not ruled out that it may continue to break upward and close again today. After all, the strong pattern is still there and the upward trend is still strong.
Again, don’t be afraid to buy because of the high price. The high point you cannot see when it is strong is the high point. Therefore, we continue to be bullish on gold today. After the early high of US$2,144 was broken through, the resistance became support. This level happened to be the low of today's Asian trading session. It seems that the support is effective at present. We will use this as a defensive step to bullish during the day. It is expected to continue to rise to 2175-2178. .
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Long orders enter the market, waiting for the target of 2170
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It's rising, proving us right.
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My channel has been opened and everyone can enter.
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Continue to hold and wait for the rise.
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Today our target is still waiting for the upside.
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The latest channel link is open, you are welcome to join.
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During the short-term rise, we have seized the opportunity and took profit at 2165. Now we continue scalping trading and short gold, targeting 2160.
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Keep scalping.
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There are still ten minutes until non-agricultural data is released.
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If you follow my advice and buy gold, you will have made a profit of more than 20 US dollars at this moment!
If you missed my signal, you can check my website where you can get my latest real-time trading signals.
If you missed my signal, you can check my website where you can get my latest real-time trading signals.
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The current trend is stable, waiting for gold to enter 2165 to continue bulls entering the market.
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It is recommended to wait for 2075-2080 small batch shorts to enter the market, TP2065
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Feel free to leave your comments and discuss.
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Looking at the 1h chart, gold is still rising rapidly.
If you have a small batch short order being held.
If the funds are sufficient, it is recommended to continue to hold.
The amount of funds is small. It is recommended to close the transaction.
If you have a small batch short order being held.
If the funds are sufficient, it is recommended to continue to hold.
The amount of funds is small. It is recommended to close the transaction.
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Looking for low positions to go long, it is recommended to enter near 2175.
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Today's transaction has ended perfectly. If you bought gold according to my suggestion, you will have made a profit of more than 40 US dollars at this moment!
If you missed my signal, you can check my website where you can get my latest real-time trading signals.
If you missed my signal, you can check my website where you can get my latest real-time trading signals.
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In today's volatile market, short-term trading is very easy to make a profit.
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Have a great weekend everyone.
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Have a happy weekend everyone and get ready to start trading on Monday.
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Gold is currently not volatile, so you can look for lows and continue to do long positions.
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The current market is suitable for short selling in small quantities. I don’t recommend doing this if you have small funds. You can continue to wait for the low position to go long.
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A new article has been released. If you follow my trading signals yesterday, you will make at least a $10 difference. If you don't want to miss trading signals, you can click on my website to join the discussion group.
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If you followed my trading signals yesterday, you would have made at least a $10 difference. If you don't want to miss trading signals, you can click on my website to join the discussion group.
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Continuing scalping, the two signals posted in the discussion group have already made a profit of 8 US dollars. Now let's move on to trading.
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Today's transaction has ended perfectly. If you bought gold according to my suggestion, you will have made a profit of more than 20 US dollars at this moment!
If you missed my signal, you can check my website where you can get my latest real-time trading signals.
If you missed my signal, you can check my website where you can get my latest real-time trading signals.
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Continue trading tomorrow and I will still announce the trading plan in the discussion group.
