Gold Trading Strategy Analysis for Next Week.

5 hari lalu

Gold trading was suspended again on Friday due to the non-farm payrolls report. Friday saw range-bound trading, with the high reaching 4027 and the low 3975, consistent with my predicted range. Based on the closing price, gold has once again risen above 4000, with bulls still eyeing the 4047-4055 level. Next week, we will continue to focus on the battle for this level. If a rebound fails to break through, short positions can be considered. Recently, I have repeatedly suggested shorting at 4020-4025 and 4030-4035, which have generally yielded substantial profits. The key is that the resistance at 4047-4055 has not been effectively broken, allowing for steady profits from short positions. If you are currently experiencing difficulties in your trading, I hope to help you avoid common pitfalls. Feel free to leave a message for discussion!


From the 4-hour chart, the current short-term resistance level to watch is 4020-4025, with the key support level at 4047-4055, a key level for determining whether the market is bullish or bearish. Short-term support is at 3960-3970, with key support at the previous low of 3888-3890. The recommended strategy is to primarily sell on rallies, avoiding chasing the market and patiently waiting for key entry points. Specific trading strategies will be provided during trading hours; please pay close attention.

Sell gold at 4020-4025, add to your position at 4047-4055, with a target of 3960-3970, and a further target of 3918-3920 if the price breaks through.

5 hari lalu

Dagangan aktif

Let's discuss the series of impacts following the end of the US government shutdown. Many friends have privately inquired about this, asking if the end of the shutdown will lead to a sharp drop in gold prices. I've addressed this before: the end of the US government shutdown is inherently bearish for gold. With the shutdown over and government departments resuming normal operations, market panic will dissipate, weakening the safe-haven appeal of gold, which is inevitably detrimental to gold. However, this also involves the question of whether the Democratic Party will compromise and condone Trump's policies. As we all know, Trump's policies have consistently caused international upheavals. If the Democrats compromise, he will become even more reckless, potentially triggering a new wave of safe-haven demand. This point, relative to the bulls, also presents a significant possibility of a breakout. Therefore, I won't elaborate too much on this matter at the moment. After all, if such a breakout occurs, coupled with market buying optimism towards the bulls, it wouldn't be difficult for gold to reach new highs. However, one thing I can say for sure is that after the market closes and before new policies are announced, the bears will definitely have the upper hand in the short term. Unless there is malicious hedging by institutions, a drop in gold prices is not a problem. As for the future, the uncertainty of policies, the backlog of data to be released, and the possibility of the Federal Reserve adjusting its policies, I will make a detailed assessment of these events later. After all, these events also provide opportunities for market institutions to profit from retail investors. It's important to know that with the current market volatility, hundreds of points are common, and a slight misstep could lead to significant losses. Especially with the recent volatile trading, some retail investors may become complacent and choose to hold large positions. In such cases, a large fluctuation could easily result in a margin call. Therefore, everyone should remember to be cautious and take precautions.