To add, A cannot be lower than 1900. otherwise the structure is destroyed.

Good afternoon, traders. This is what I think about gold today, please check my trading logic and correct me in time. H1, GOOD Trend: Up. Price breakout above 1912 confirmed. Point: A point. As for how to find the position of A, I will refer to M5, ...

Honestly, my trading system is telling me that I should take short orders. But, the V-shaped trend influenced my judgment and subjectively I thought that gold would go up again or even break out upwards. What a bad feeling. image

1900 still has support. the PCE data could change all that.

Will gold continue to break down? image

In my opinion, the price is not deceiving. The fact that the price fell through but didn't accelerate only shows a lack of orders. But that doesn't say that prices will rise. Thank you for your responses. I wish you profitable ...

Hi, good afternoon. What does it mean that the break below the previous low did not accelerate lower? image

Damn, gold is still in the oscillator range. The trading plan remains unchanged. I hope the holding is worth it. image

I think it's starting to go up. But 1938 is still an important resistance level.

Good afternoon. Please check my trading plan. image

Do you think that gold will continue to fall? image

Good afternoon, traders. What to do with gold today? My view is still to maintain the long idea. image

It may be missed, but I will still continue to wait for the opportunity to go long. image

Just wait patiently for the verification of time. It will be a very long process. Only I would like to know why it is so.

Yes. The hawkish rhetoric also weighed on gold. The Fed has four more rate meetings this year, with a 25 basis point hike in July and a possible 25 basis point hike in September, and a possible halt to continued rate hikes in November and ...

As a result, the Fed's decision to suspend interest rate hikes did not make gold go up, but rather made it go down. Of course, the reasons may be multiple. But the logic that the Fed raises interest rates and gold falls, and the Fed cuts interest ...

Yes. Yesterday's CPI data solidified the Fed's confidence in stopping rate hikes. Is it really going to stop the hiking cycle, then wait and finally cut rates? Please forgive me, I know nothing about fundamental analysis.

The probability that the Fed will stop raising interest rates is theoretically good for GU. but the world knows the news and it has probably failed. Unable to control the market, I think I will wait and see. image

hi, brothers GU continues to rise, is it possible? Fed rate resolution, press conference, dot plot... image

This is possible. Especially with the very critical CPI data coming out. One needs to be aware of the risks.