Gold is under pressure and has a bearish trend
In early trading on Monday, spot gold suddenly fell rapidly in the short term. The price of gold plummeted by nearly $15 from a level near $2,337/ounce, and currently hit a low of $2,319.82/ounce, setting a new intraday low. A piece of heavyweight news came from Israel, which further cooled the market's risk appetite, thus hitting the gold price trend. This week will usher in the U.S. April ISM Manufacturing PMI, the Federal Reserve’s monetary policy decision, the April employment report, and the April ISM Non-Manufacturing PMI. The market initially expected the first U.S. interest rate cut to be in March. However, as the United States has successively released strong economic data, expectations have been postponed first to June and now to September.
This Wednesday will usher in the U.S. ISM Manufacturing PMI for April and the Federal Reserve’s monetary policy decision. . The Fed is unlikely to provide any new hints on the timing of a policy shift in its statement. However, at the press conference after the meeting, Fed Chairman Jerome Powell is likely to be asked whether there is still the possibility of a rate cut in June if Powell does not close the door to a rate cut in June. The initial reaction could trigger a sharp drop in U.S. Treasury yields and boost gold. After the March policy meeting, Powell noted that strong inflation data in January and February could be due to seasonal factors. Market participants will also be closely watching Powell's comments on the inflation outlook. If Powell adopts a concerned tone on recent inflation developments, the dollar could remain resilient against its rivals, limiting gold's upside. Finally, if Powell downplays the disappointing first-quarter GDP data, investors may view this as a hawkish tone, making it difficult for gold to gain upward momentum.
Strategy 1: Gold rebounds near 2337-2340 and goes short (buy down) in batches. The target is around 2330-2325. If the position is broken, look at the 2300 line.
Strategy 2: Gold will go long in batches around 2315-2320 (buy up), target around 2340-2345, and look at the 2050 line if the position is broken.
This Wednesday will usher in the U.S. ISM Manufacturing PMI for April and the Federal Reserve’s monetary policy decision. . The Fed is unlikely to provide any new hints on the timing of a policy shift in its statement. However, at the press conference after the meeting, Fed Chairman Jerome Powell is likely to be asked whether there is still the possibility of a rate cut in June if Powell does not close the door to a rate cut in June. The initial reaction could trigger a sharp drop in U.S. Treasury yields and boost gold. After the March policy meeting, Powell noted that strong inflation data in January and February could be due to seasonal factors. Market participants will also be closely watching Powell's comments on the inflation outlook. If Powell adopts a concerned tone on recent inflation developments, the dollar could remain resilient against its rivals, limiting gold's upside. Finally, if Powell downplays the disappointing first-quarter GDP data, investors may view this as a hawkish tone, making it difficult for gold to gain upward momentum.
Strategy 1: Gold rebounds near 2337-2340 and goes short (buy down) in batches. The target is around 2330-2325. If the position is broken, look at the 2300 line.
Strategy 2: Gold will go long in batches around 2315-2320 (buy up), target around 2340-2345, and look at the 2050 line if the position is broken.
Dagangan aktif:
This week is good for trading, if you want to get more signals, you can find trading strategies in my channel
Dagangan aktif:
Currently, gold has the best time to buy. If you want to know more, you can find it on my channel.
Dagangan aktif:
Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.
Dagangan aktif:
No one will pay for your losses. The market is ruthless. I will publish the latest trading signals on the channel every day to let everyone better understand the market trends.
Dagangan aktif:
No one will pay for your losses. The market is ruthless. I will publish the latest trading signals on the channel every day to let everyone better understand the market trends.
Dagangan aktif:
Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.
Dagangan aktif:
Now is an excellent opportunity to short gold. Brothers, seize the opportunity. If you want to know more, you can find it on my channel.
Dagangan aktif:
If you are currently shorting gold, you can continue to hold and wait for profit taking. If you want to get more trading information, you can find it in my channel.
Dagangan aktif:
If you are currently shorting gold, you can continue to hold and wait for profit taking. If you want to get more trading information, you can find it in my channel.
Dagangan aktif:
Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.
Dagangan aktif:
No one will pay for your losses. The market is ruthless. I will publish the latest trading signals on the channel every day to let everyone better understand the market trends.
Dagangan aktif:
The market may not be very volatile today, but it may be very volatile tomorrow. If you want to know more, you can look for trading signals in my channel.
Dagangan aktif:
You can have a night's rest and continue trading tomorrow. Before going to bed, I recommend that you do not place overnight orders. I will continue to publish the latest trading signals on the channel tomorrow.
Dagangan aktif:
The market may not be very volatile today, but it may be very volatile tomorrow. If you want to know more, you can look for trading signals in my channel.
Dagangan aktif:
I wish everyone good luck in trading. Today’s news may make the gold market more volatile.
Dagangan aktif:
The news is released in ten minutes and the market may be volatile. My channel publishes today's latest trading signals. If you don't know how to trade, you can refer to it.
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There are still opportunities to do gold. If you want to know more, you can look for trading signals in my channel.
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Gold is currently a good time to go short. If you want to know more, you can find trading signals in my channel.
Dagangan aktif:
Gold can still continue to chase shorts and sell gold. If you want to know more, you can find trading signals in my channel.
Dagangan aktif:
Gold can still continue to chase shorts and sell gold. If you want to know more, you can find trading signals in my channel.
Dagangan aktif:
There are still excellent entry opportunities for gold at present. If you want to get my trading signals, you can find them on my channel or contact me directly.
Dagangan aktif:
The upward trend of gold is still very weak, so you can continue to look for high prices to short gold. If you want to get trading signals, you can find them in my channel
Dagangan aktif:
You can still short gold now. If you are still trading and it is not ideal, you can look for trading signals in my channel.
Dagangan aktif:
The market fluctuations may be more severe tomorrow. I will send trading signals on the channel. If you want to know more, you can click here to view
Dagangan aktif:
Today, gold is mainly long. Find a position to go long.
Dagangan aktif:
Today’s gold operation advice is mainly long. If you want to know more about trading, you can take a look at my suggestions.
Dagangan aktif:
There is still one hour until the unemployment benefits release and the market may be volatile, I have sent the latest trading signals
Dagangan aktif:
Today’s gold operation advice is mainly long. If you want to know more about trading, you can take a look at my suggestions.
Dagangan aktif:
It is still profitable to look for long positions at low levels today. If you want to get my trading signals, follow my signals
Dagangan aktif:
It is still profitable to look for long positions at low levels today. If you want to get my trading signals, you can follow my signals
Dagangan aktif:
It is still profitable to look for long positions at low levels today. If you want to get my trading signals, you can follow my signals
Dagangan aktif:
The fluctuations of gold this week are basically the same as we expected. If you buy gold according to my operating ideas, then I believe your profits will also be very good.
Dagangan aktif:
The fluctuations of gold this week are basically the same as we expected. If you buy gold according to my operating ideas, then I believe your profits will also be very good.
Dagangan aktif:
The fluctuations of gold this week are basically the same as we expected. If you buy gold according to my operating ideas, then I believe your profits will also be very good.
Dagangan aktif:
Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.
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No one is born a genius, it’s all about learning a little bit. If you want the same benefits as us, I can give you trading signal analysis and trading knowledge.
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No one is born a genius, it’s all about learning a little bit. If you want the same benefits as us, I can give you trading signal analysis and trading knowledge.
Dagangan aktif:
The non-farm payrolls data will be released today. The market may fluctuate violently. I have published the latest trading signals.
Dagangan aktif:
We made good profits by going long gold today. We still have the opportunity to continue trading today. I will continue to publish trading signals.
Dagangan aktif:
We made good profits by going long gold today. We still have the opportunity to continue trading today. I will continue to publish trading signals.
Dagangan aktif:
Today's non-farm payrolls data caused gold to soar, and then it fell back. If you get my signal, maybe your profits today will be very good.
Dagangan aktif:
We made good profits at the end of this week's trading. I will continue to share my trading signals and trading knowledge with you next week.
Dagangan aktif:
If you want to get my trading signals on Monday you can find them on my channel or you can contact me directly, I am a full time trader Kevin
Dagangan aktif:
Gold is still mainly short today, with short positions at 2314-16, and 2305-2300 below.
Dagangan aktif:
Trading is actually a kind of investment. Sometimes a right direction may bring you good profits. Don't treat trading as gambling. If you treat trading as gambling, sooner or later you will lose everything.
Dagangan aktif:
Trading is actually a kind of investment. Sometimes a right direction may bring you good profits. Don't treat trading as gambling. If you treat trading as gambling, sooner or later you will lose everything.
Dagangan aktif:
Today's operation advice is still to mainly short at high levels, and short around 2315-2320.
Dagangan aktif:
Today's operation advice is still to mainly short at high levels, and short around 2315-2320.
Dagangan aktif:
Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.
Dagangan aktif:
It is still profitable to look for long positions at low levels today. If you want to get my trading signals, follow my signals
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There are still opportunities for shorting gold. If you want to know more, you can find it on my channel
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If you are currently shorting gold, you can continue to hold and wait for profit taking. If you want to get more trading information, you can find it in my channel.
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There are still opportunities for trading in gold and crude oil. If you want to know more trading signals, you can find them in my channel
Dagangan aktif:
There are still opportunities for trading in gold and crude oil. If you want to know more trading signals, you can find them in my channel
Dagangan aktif:
There are still opportunities for trading in gold and crude oil. If you want to know more trading signals, you can find them in my channel
Dagangan aktif:
There are still opportunities for trading in gold and crude oil. If you want to know more trading signals, you can find them in my channel
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Today I will still send trading signals and profit screenshots on the channel. If you need help, you can follow my channel.
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.
Dagangan aktif:
Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.
Dagangan aktif:
Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
Today’s signal is normal, and I have made good profits. If you want to follow my trading, you can find it on my channel.
Dagangan aktif:
Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.
Dagangan aktif:
Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
This week, gold is still looking for low positions to go long, and 2320-2330 can be used to go long directly.
Dagangan aktif:
Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals
Dagangan aktif:
This week, gold is still looking for low positions to go long, and 2320-2330 can be used to go long directly.