DonRobbins
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From the 4-hour analysis, we are currently paying attention to the short-term suppression at 3206-3210. If it rebounds, we will continue to short at this position and look for a decline. Before breaking through and standing on this position, the main short rhythm of the rebound will remain unchanged. The short-term support below is around 3154-3160, and range operations will be mainly carried out at midnight.

After the weekend news bombardment this week, the price of gold plunged lower after the opening on Monday. After two days of fermentation, gold is still fluctuating in the 3220-3260 range. From the analysis of data and news, gold will continue to fluctuate downward.Friends, if you come to the market to make money, if you are a novice,you want your family to live a rich life,and you are still facing bankruptcy due to failed transactions, I was once like you,and finally found the code of wealth. I also hope it will be helpful to you, join us,and get rich together! We will bring you high profits every week,otherwise we do not charge any fees.

Today is no longer suitable for chasing shorts! Beware of bulls' counterattack!Also note that if the price closes above 3343 in one hour today, then shorts should be careful, as there is a high probability that the market will bottom out and reverse, which means a new round of longs will start! At that time, you can directly choose the opportunity to buy at the bottom!

Judging from the current gold trend, pay attention to the 3206-3215 support line on the downside, with a focus on the 3200 support line. Pay attention to the 3260-65 short-term resistance on the upside, and strong resistance near the 3275-3281 level. This position is also the watershed between the strength of bulls and bears. Before the daily level breaks through and stands at this position, the main short rhythm of the pullback will continue to remain unchanged.Gold rebounds to 3260-65, short, rebound to 3275-83, short, stop loss 3293, target 3206-3215, continue to hold if it breaks;If you are a beginner and want to get rich quickly, contact me and your profit will double. Our weekly profit is more than 200%. We do not charge any fees before bringing you profits.

At the short-term 4-hour level, pay attention to the upper resistance of the MA5 moving average at 3260. As a weak adjustment trend, the 5-day moving average will often continue to suppress, and then go up to the 10-day moving average, which is too far away, equivalent to washing back within the day; therefore, temporarily pay attention to 3260-3200; today the European session broke the bottom, and the U.S. session generally has a second suppression, so wait until the second suppression is still stable around 3200, and then choose to make a wave of oversold rebound; in terms of operation ideas, if it rebounds first, the top and bottom resistance area of 3250-3260 will be short for a second decline; if the lower 3200 is not broken, enter the market in batches and gradually look up.If you are a beginner and want to get rich quickly, contact me and your profit will double. Our weekly profit is more than 200%. We do not charge any fees before bringing you profits.

The gold market has fluctuated significantly recently. The closing price on Friday was fixed at 3326 points, and it opened lower at 3275 in the early trading on Monday, forming a clear gap. Subsequently, the gold price fluctuated and consolidated in the range of 3292 to 3260, and continued to fall in the early trading period. Although it rebounded at noon, the overall strength was weak. Before the European session, the gold price fell strongly from 3282 to 3216. Although it rebounded during the period, it failed to break through 3236. The current gold price is stuck near 3220, and the trend in the evening is particularly critical. The upper resistance is in the range of 3236-3240, and the lower support is in the 3206-3200 line. The overall trend is weak. If the 3200 mark is lost, it may further test 3180. In terms of operation, it is recommended to do more on the callback, and rebound high as a supplement.If you are a beginner and want to get rich quickly, contact me and your profit will double. Our weekly profit is more than 200%. We do not charge any fees before bringing you profits.If you are a beginner and want to get rich quickly, contact me and your profit will double. Our weekly profit is more than 200%. We do not charge any fees before bringing you profits.

There is a reason why gold fell sharply by $60 in the early trading. From a technical perspective, the price surged and approached 0.809, so with the start of the China-US dialogue, risk aversion will also cool down. On the disk, the price surged and fell in the early trading, and the price just returned to the 5-day moving average of the 720-minute chart, so there was a rebound, but the strength of the rebound was obviously weakening. The price was suppressed as soon as it went up in five minutes, so if the second wave of long orders is entered, it should be above the four-hour line. As for shorting, the price has retreated to the inside of the channel, so the rebound cannot be too high. If it reaches 3430 again, it will form a shock, so the corresponding pressure is at 3397 and 3405. Today's market is destined to be not calm, and there will be huge fluctuations up and down. It surged and fell in the early trading, and the key support below is 3352, followed by 3320. The current market sentiment is complicated, with geopolitical risks and long profit-taking coexisting. In the short term, we need to be vigilant against the risk of technical correction. On the whole, Jin Shengfu recommends shorting on rebounds and long on pullbacks for today's short-term gold operation strategy. The short-term focus on the upper side is the 3400-3405 line of resistance, and the short-term focus on the lower side is the 3350-3300 line of support.I send trading signals in the link every week, with an accuracy rate of over 80%. If you are a novice or are losing money, follow me and your profits will double.

From the perspective of the 4-hour cycle, a big negative line closed, covering the previous positive lines, and breaking the support of the 5-day and 10-day moving averages. This wave may continue to fall to the Bollinger middle rail near 3300, but if it is a high-level shock, the Bollinger middle rail is not broken, and it may rise again to the high point of 3430. Therefore, gold has experienced a big rise and fall in this cycle, and it is possible to rise or fall now. In the short cycle, first pay attention to the support effect of 3360-3350 under the weakness of the early trading. If it is not broken, you can continue to be bullish, with the upper target at 3400, and then look at 3430 if the strength is strong.I send trading signals in the link every week, with an accuracy rate of over 80%. If you are a novice or are losing money, follow me and your profits will double.

From the 4-hour analysis, gold bulls are making another strong impact. On the top, we pay attention to the short-term suppression at 3385-90 and the suppression at 3400. On the bottom, we pay attention to the short-term support at 3350 and the important support at 3336-40. In terms of operation, we mainly go long on pullbacks. In the middle position, we should watch more and do less, chase orders cautiously, and wait patiently for key points to enter the market.

Technical analysis shows that the gold daily level has built a clear pattern of stopping the decline and stabilizing, effectively alleviating the previous downward pressure. In terms of specific support levels, the integer mark of $3,300/ounce constitutes a key dividing line between long and short positions. After the gold price breaks through this point, it quickly steps back to confirm the effectiveness of the support, and then launches an upward attack again. The $3,272/ounce area that was blocked many times during the Asian session was effectively broken through during the European session, opening up space for subsequent upward movement. In terms of pressure levels, the upper track of the 1-hour Bollinger Band at $3,338/ounce constitutes a short-term resistance level. If the bulls can continue to break through, the upper target will directly point to the area near last week's high of $3,350/ounce. In terms of technical indicators, the dead cross trend of the 5-day moving average and the MACD indicator has slowed down significantly. The KDJ and RSI indicators both show a "dead cross upward" pattern and are close to the critical point of the golden cross, suggesting that after the previous adjustment of the gold market, the bullish forces are accumulating rebound momentum.
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