Trading View
After we gave our trading ideas last night, gold touched the upper pressure level as expected. After we tried to arrange short orders as planned, we left the market safely in the early morning. At present, gold continues its strong upward trend, with dailyβ¦
Gold rose as expected and touched the trend resistance of 4260-4270. Brothers can get good returns as long as they short according to the plan. Don't blindly chase the rise. The price of gold fluctuates rapidly in the short term, and those who are shorting can also leave the market after making enough profits. Pay attention to the pullback opportunities in the future market, and the short-term support below can focus on 4240-4230.
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Affected by the continued impact of the US government shutdown, gold in the US market rose strongly. After hitting a high of 4292, it quickly fell back and rebounded, setting a new historical high of 4298. But judging from the current trend, this is obviously not the peak of gold prices. If the short-term rise continues, it is expected to test the pressure of the 4,300 integer mark.
As the short-term trend line is broken, the previous resistance is gradually transformed into support. Pay attention to the short-term support range of 4275-4260 below. If this range can be held, gold will set a new high.
As the short-term trend line is broken, the previous resistance is gradually transformed into support. Pay attention to the short-term support range of 4275-4260 below. If this range can be held, gold will set a new high.
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Gold gapped up at the opening, touched 4379 and then plunged nearly $100 before rebounding quickly. The fluctuations in the Asian session alone are so drastic. In addition, today is Friday and there is a risk of market closure, so intraday trading needs to be more cautious.
From the news perspective, the expectation of a Fed rate cut provides liquidity support, Sino-US trade tensions and geopolitical risks stimulate safe-haven demand, and the weakening of the US dollar and economic uncertainty amplify the appeal of gold. Many investors continue to increase their holdings of safe-haven assets in a complex macroeconomic context, providing solid and strong support for the rise of gold.
Although short-term prices fluctuate frequently, they have not fallen below the daily MA5 and MA10 moving averages. Therefore, it should not be regarded as a trend reversal, but a market shakeout. Therefore, we maintain a trading strategy that is mainly bullish and supplemented by short selling.
From a fundamental perspective, multiple rebound attempts failed to break through, making the upper 4380-4400 range a short-term resistance range. The short-term trend has the tendency to form an M top, so I will give several long trading opportunities during the day.
First of all, we should pay attention to the first support formed by 4315-4305 below, which is also the 61.8% retracement position of gold. If it repeatedly circles this position in the short term without breaking, we can try to go long on gold. For the second chance, I would give the support level of 4290-4280 below, which is near the trend suppression and the 50% dividing line, as well as the 4H MA10 moving average. I think we can try to go long on gold again within this range. The last chance I would give is around 4200, the starting point of this round of rise. Even if gold retaliates and falls, we can still maintain good trading opportunities.
During the day, we can go long on gold in batches according to the strength of gold's retracement.
From the news perspective, the expectation of a Fed rate cut provides liquidity support, Sino-US trade tensions and geopolitical risks stimulate safe-haven demand, and the weakening of the US dollar and economic uncertainty amplify the appeal of gold. Many investors continue to increase their holdings of safe-haven assets in a complex macroeconomic context, providing solid and strong support for the rise of gold.
Although short-term prices fluctuate frequently, they have not fallen below the daily MA5 and MA10 moving averages. Therefore, it should not be regarded as a trend reversal, but a market shakeout. Therefore, we maintain a trading strategy that is mainly bullish and supplemented by short selling.
From a fundamental perspective, multiple rebound attempts failed to break through, making the upper 4380-4400 range a short-term resistance range. The short-term trend has the tendency to form an M top, so I will give several long trading opportunities during the day.
First of all, we should pay attention to the first support formed by 4315-4305 below, which is also the 61.8% retracement position of gold. If it repeatedly circles this position in the short term without breaking, we can try to go long on gold. For the second chance, I would give the support level of 4290-4280 below, which is near the trend suppression and the 50% dividing line, as well as the 4H MA10 moving average. I think we can try to go long on gold again within this range. The last chance I would give is around 4200, the starting point of this round of rise. Even if gold retaliates and falls, we can still maintain good trading opportunities.
During the day, we can go long on gold in batches according to the strength of gold's retracement.
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Trading View
Gold gapped up at the opening, touched 4379 and then plunged nearly $100 before rebounding quickly. The fluctuations in the Asian session alone are so drastic. In addition, today is Friday and there is a risk of market closure, so intraday trading needs toβ¦
Currently, gold has rebounded to around 4330 after touching the first support level. Bros who have executed long trades based on the reference strategy can already see nearly 150pips of profit and can consider exiting the market with profits. If the US market retreats to the lower support again, you can still consider going long on gold, with a focus on the 4290-4280 support level.
β€5π3π₯1π1π€1
Trading View
Gold gapped up at the opening, touched 4379 and then plunged nearly $100 before rebounding quickly. The fluctuations in the Asian session alone are so drastic. In addition, today is Friday and there is a risk of market closure, so intraday trading needs toβ¦
Today's intraday trend of gold is basically in line with Allen's prediction. After the first two support long positions were successfully tested, gold retreated to around 4200 as expected in the evening. Unfortunately, the short-term momentum was slightly stronger, and the price fell below the 4200 integer mark and touched our SL. The current market conditions have broken the market rhythm. Although this order has a slight loss, our overall profit for the day is still relatively good. Allen is very open and honest here. If I make a profit, it is a profit, and if I lose, it is a loss. I am a clean person and I do things with an open mind. Profits are accumulated slowly, and occasional mistakes are normal. For those who have been making profits, it is worth considering whether they are real transactions. Well, as it is nearing the closing time on Friday evening, Allen will no longer trade. Everyone enjoy your weekend and we will continue next week.
β€7π3π₯1π₯°1
Good afternoon, bros. On Friday, the gold market experienced a rare sharp intraday fluctuation. Many traders who blindly chased rising and falling prices suffered heavy losses that day. However, I believe that those who followed Allen's trading rhythm and executed order transactions throughout the process will all reap great rewards.
As for Friday's market, although there has been a significant correction, we cannot blindly believe that gold has peaked in the short term. After all, the fundamentals do not present conditions conducive to a sharp drop in gold prices. The worsening geopolitical situation over the weekend, coupled with the ongoing US government shutdown and trade tensions, as well as expectations that the Federal Reserve will support two interest rate cuts this year, are all providing some support for the gold market. Therefore, the medium- and long-term bullish pattern has not been effectively changed, and the short-term pullback can be regarded as a technical correction.
Combining the hourly and 4H charts, gold retreated to a low of around 4186 on Friday night and then rebounded again, indicating that there is still strong support from below in the short term and the market bulls still have a certain rebound potential. On Monday, we need to pay attention to the short-term resistance range of 4280-4300 above. If it cannot be broken through directly and effectively, gold may maintain a wide range of fluctuations after the opening, and then return to the bull market rhythm after digesting the short-term selling pressure. The support below can still continue to focus on 4200-4180. As long as this support range is not broken, our bullish attitude remains unchanged. If it falls back to the support range first, we can still consider arranging long orders in batches with light positions.
There is only one purpose for investing, which is to make more money, improve your living conditions through profits, and increase your side income! Everyoneβs money is earned through hard work, so it is important to choose a good mentor to guide you when trading. This market is not short of teachers, but what is lacking is a teacher with conscience, a teacher with a sense of responsibility, and a teacher who considers issues from the customer's perspective. Allen dare not say that my technology guarantees profitability, but I will share honor and disgrace with you, and advance and retreat together. The most important prerequisite for profit is trust. Only with trust can there be cooperation. If you believe in me, come to me. Allen's principle: tell the truth and do things with conscience.
As for Friday's market, although there has been a significant correction, we cannot blindly believe that gold has peaked in the short term. After all, the fundamentals do not present conditions conducive to a sharp drop in gold prices. The worsening geopolitical situation over the weekend, coupled with the ongoing US government shutdown and trade tensions, as well as expectations that the Federal Reserve will support two interest rate cuts this year, are all providing some support for the gold market. Therefore, the medium- and long-term bullish pattern has not been effectively changed, and the short-term pullback can be regarded as a technical correction.
Combining the hourly and 4H charts, gold retreated to a low of around 4186 on Friday night and then rebounded again, indicating that there is still strong support from below in the short term and the market bulls still have a certain rebound potential. On Monday, we need to pay attention to the short-term resistance range of 4280-4300 above. If it cannot be broken through directly and effectively, gold may maintain a wide range of fluctuations after the opening, and then return to the bull market rhythm after digesting the short-term selling pressure. The support below can still continue to focus on 4200-4180. As long as this support range is not broken, our bullish attitude remains unchanged. If it falls back to the support range first, we can still consider arranging long orders in batches with light positions.
There is only one purpose for investing, which is to make more money, improve your living conditions through profits, and increase your side income! Everyoneβs money is earned through hard work, so it is important to choose a good mentor to guide you when trading. This market is not short of teachers, but what is lacking is a teacher with conscience, a teacher with a sense of responsibility, and a teacher who considers issues from the customer's perspective. Allen dare not say that my technology guarantees profitability, but I will share honor and disgrace with you, and advance and retreat together. The most important prerequisite for profit is trust. Only with trust can there be cooperation. If you believe in me, come to me. Allen's principle: tell the truth and do things with conscience.
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Trading View
Good afternoon, bros. On Friday, the gold market experienced a rare sharp intraday fluctuation. Many traders who blindly chased rising and falling prices suffered heavy losses that day. However, I believe that those who followed Allen's trading rhythm andβ¦
Good morning, bros. Just as we judged you yesterday, although the gold price rebounded slightly after the opening of the Asian session, it is still suppressed by the resistance of 4280-4300 in the short term. Before effectively breaking through this resistance range, the market will maintain a wide range of fluctuations.
Judging from the hourly chart, gold rebounded again after retreating to a minimum of around 4220. The candle chart closed with a bullish candlestick with a long lower shadow, proving that there is a certain support below. As time goes by, the short-term lows are constantly moving up, and the daily MA5 moving average has come to around 4235. If it falls back to 4235-4220 during the day, we can also try to arrange long orders in batches in advance with light positions. The focus is still on 4200-4180 below. As long as this support range is maintained, the bullish pattern will remain unchanged.
Judging from the hourly chart, gold rebounded again after retreating to a minimum of around 4220. The candle chart closed with a bullish candlestick with a long lower shadow, proving that there is a certain support below. As time goes by, the short-term lows are constantly moving up, and the daily MA5 moving average has come to around 4235. If it falls back to 4235-4220 during the day, we can also try to arrange long orders in batches in advance with light positions. The focus is still on 4200-4180 below. As long as this support range is maintained, the bullish pattern will remain unchanged.
β€6π2π₯2π₯°1
Gold is currently continuing its upward momentum. In the short term, we will first focus on whether gold can break through 4266. The intraday market has rebounded to this point many times and encountered resistance and fell back. If it is difficult to break through in the short term, the gold price will continue to fluctuate widely. On the contrary, if it can effectively break through 4266, continue to pay attention to the upper resistance range of 4280-4300. When the first rebound touches this resistance range, consider shorting gold in batches with light positions.
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Trading View
Gold is currently continuing its upward momentum. In the short term, we will first focus on whether gold can break through 4266. The intraday market has rebounded to this point many times and encountered resistance and fell back. If it is difficult to breakβ¦
As expected, gold rebounded to around 4266 before encountering resistance and falling back into a range of fluctuations, which is in line with our expectations. Currently, there are no good opportunities, so we will wait and see for the time being, waiting for gold to reach the key point range before entering the market.
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Trading View
Gold is currently continuing its upward momentum. In the short term, we will first focus on whether gold can break through 4266. The intraday market has rebounded to this point many times and encountered resistance and fell back. If it is difficult to breakβ¦
Gold continued to rise in the U.S. market, and the bulls suddenly exerted their strength. Although it fell back to around 4272 after hitting the resistance level for the first time, it did not touch our ideal TP, so we did not choose to exit the short position. As the price rose, we also added short orders in batches again, but unfortunately, the short-term gold price directly broke through the 4300 mark, and our short position unfortunately touched the SL and left. However, with the substantial profits made earlier in the day, we didn't lose much in the short term and still hold a healthy profit.
The US market can continue to pay attention to the upper pressure of 4320-4330. If this resistance range is broken, it means that the short-term adjustment may be over, and gold will move forward to 4380 or even higher.
The US market can continue to pay attention to the upper pressure of 4320-4330. If this resistance range is broken, it means that the short-term adjustment may be over, and gold will move forward to 4380 or even higher.
β€8π3π₯1π―1
Trading View
Gold continued to rise in the U.S. market, and the bulls suddenly exerted their strength. Although it fell back to around 4272 after hitting the resistance level for the first time, it did not touch our ideal TP, so we did not choose to exit the short position.β¦
After reminding everyone to continue to pay attention to the 4320-4330 resistance level, gold rebounded to around 4327 before falling under pressure and retracing to around 4300 again. The decline is still continuing, with the lowest retracement to around 4293. Short positions can exit in the short term. Judging from the hourly and 4H charts, the gold price has stabilized above the middle track, the Bollinger Bands are showing an opening, and the technical indicators are turning upward. The gold trend is basically in line with my expectations. After a wide correction, gold will return to a bullish trend. In the short term, gold may have another step back to accumulate strength. We will pay attention to the support level of 4280-4270. If it retraces to the support level again, we can arrange to go long on gold.
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Trading View
After reminding everyone to continue to pay attention to the 4320-4330 resistance level, gold rebounded to around 4327 before falling under pressure and retracing to around 4300 again. The decline is still continuing, with the lowest retracement to aroundβ¦
It was originally expected that gold would continue to fall so that it could accumulate more momentum at the bottom to break through the previous high pressure. However, after a brief pullback, the bulls regained their strength and touched the short-term resistance level of 4350, so I arranged another short transaction for the VIP. However, the price was slow to fall in the evening. In order to avoid the geopolitical situation from flaring up again, which would trigger increased risk aversion and lead to profit-taking, I notified the VIP members to exit the market first near 4340.
Judging from the current trend, the middle track of the hourly line and the 4H line are already around 4280. As time goes by, the lower low point is constantly rising. We can appropriately increase the expected retracement target and participate in long trading when it retraces to around 4390-4380. But at the same time, we also need to pay attention to the short-term support formed by 4330-4320. If it falls back to this level in the evening and shows a clear stop in the decline, we can also consider entering the market in advance and going long on gold in this range. The upper pressure continues to focus on 4365-4380. If gold rebounds first, you can also consider shorting gold appropriately.
Judging from the current trend, the middle track of the hourly line and the 4H line are already around 4280. As time goes by, the lower low point is constantly rising. We can appropriately increase the expected retracement target and participate in long trading when it retraces to around 4390-4380. But at the same time, we also need to pay attention to the short-term support formed by 4330-4320. If it falls back to this level in the evening and shows a clear stop in the decline, we can also consider entering the market in advance and going long on gold in this range. The upper pressure continues to focus on 4365-4380. If gold rebounds first, you can also consider shorting gold appropriately.
β€8π1π₯1π€1
Trading View
It was originally expected that gold would continue to fall so that it could accumulate more momentum at the bottom to break through the previous high pressure. However, after a brief pullback, the bulls regained their strength and touched the short-term resistanceβ¦
Gold took the lead in rising in the evening and perfectly touched the resistance range of 4365-4380. We shorted gold in batches as planned and have successfully exited with profits. As the market is approaching closing, there will be no more trading in the evening. Bros, have a good rest and we will see you tomorrow.π€ π€ π€
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β€6π₯2π1π1π€1
We have achieved good results in day trading, and many friends have come to express their gratitude. The strategies I made public have helped them improve and learn a lot of useful knowledge. Regarding the losses incurred during the day, several friends also expressed their approval of Allen's frank admission of his mistakes.
One of them told me that he saw a different picture in another group: a trader who had almost no losses. But after closer inspection, he discovered that the trader hadn't mentioned the short trades he'd been encouraging everyone to execute. Ironically, all the trades he'd shown were profitable long trades. Oh, to be honest, Allen doesn't like to judge someone casually. Perhaps the trades the other trader had shown were for his members only... But then, when I carefully examined the screenshots he provided, well... you know what I mean. I won't comment on that either; just be careful.π€
One of them told me that he saw a different picture in another group: a trader who had almost no losses. But after closer inspection, he discovered that the trader hadn't mentioned the short trades he'd been encouraging everyone to execute. Ironically, all the trades he'd shown were profitable long trades. Oh, to be honest, Allen doesn't like to judge someone casually. Perhaps the trades the other trader had shown were for his members only... But then, when I carefully examined the screenshots he provided, well... you know what I mean. I won't comment on that either; just be careful.π€
β€7π2π₯1π₯°1π1
Allen's courage to disclose his trading strategy is essentially a manifestation of my responsibility to everyone. Allen also expressed his understanding of the doubts of some friends. Whether it is other trading platforms or the same platform as Allen, there may be some fake traders. Allen does not care about these. I just do my best, be responsible to the VIPs, and be responsible to everyone. No matter what you have experienced, Allen always maintains an open and transparent attitude waiting for you.
β€9π2π€1
In fact, everyone will feel confused at some point in their investment career. Since you are fortunate enough to understand the charm of investment, donβt give up easily. Even if you just try it with the smallest cost, those who persevere to the end will often reap the rewards. The market is ever-changing. The rise and fall of prices are not determined by personal subjective will, but are filled with the struggle between bulls and bears, and victory and failure are always around. So no matter whether it is profit or loss, I hope everyone can face it as frankly as I do and keep a normal mind.
The difference between the rich and the poor lies in their ability to leverage the abilities of others to profit for themselves. There is an opportunity in front of you now. You can choose to wait and see, but your life will not change at all. Or you can join in and transform your life! I can't guarantee 100% profit, but I can do my best to help you make a profit and recover your losses. Choosing a good mentor will benefit you immensely.
https://t.me/Allen_868
The difference between the rich and the poor lies in their ability to leverage the abilities of others to profit for themselves. There is an opportunity in front of you now. You can choose to wait and see, but your life will not change at all. Or you can join in and transform your life! I can't guarantee 100% profit, but I can do my best to help you make a profit and recover your losses. Choosing a good mentor will benefit you immensely.
https://t.me/Allen_868
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Financial management is always a way of thinking, not a simple skill
β€7π2π₯2π₯°1