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GoldenViewJake

After the opening of today's market, the price broke through the previous high again, reaching a high of 3392. According to the current 4-hour K-line pattern, the market outlook still maintains a bullish tone, and the upper target can be gradually moved up to the 3400-3420 range. It is recommended to follow the trend in operation. From the daily level, there is an important support level near 3330.Gold is very simple for this week's market. It is temporarily fluctuating under the bullish trend of the big cycle. We will look at it as a fluctuating rise. The range is 3365-3270. It is expected to run in this range at the beginning of the week. This week is the non-agricultural data week, and the impact of news will begin on Wednesday. From a technical point of view, whether it is a weekly cycle, a daily mid-term, or a H4 mid-term, it is a bullish pattern. The daily mid-term is likely to go to the upper track 3400 high point. Be patient and wait for the bulls to increase their volume. The H4 cycle has broken through the pressure position of 3330 many times in the early stage under the influence of the news. The Bollinger Band has opened. The next resistance position is near 3350. If it continues to break, it will reach the 3400 line. On the hourly chart, the Asian session fell back to around 3300 and then rebounded strongly, indicating that the 3300 position formed a certain support role under the bullish trend, and this position needs to be paid attention to in specific operations. For the support below, pay attention to the 3350 area and you can participate in long orders, focusing on the 3350 area.On the whole, the short-term operation strategy for gold today is recommended to focus on callbacks and high-altitude rebounds. The short-term focus on the upper side is 3380-3385 resistance, and the short-term focus on the lower side is 3350-3345 support.Gold strategy:Buy: 3350-3345, SL: 3340, TP: 3370-3380Sell: 3380-3385, SL: 3390, TP: 3360-3350Key resistance support:First support: 3350, second support: 3345, third support: 3335First resistance: 3380, second resistance: 3385, third resistance: 3395

GoldenViewJake

Gold prices fell and the dollar rose last Friday as the market digested the latest tariff developments, while a weaker inflation report kept hopes of a U.S. rate cut alive. Spot gold was at $3,290.40 an ounce, down 0.82%, and down more than 2% last week.Tariffs may re-sway the market this week after a federal appeals court temporarily reinstated Trump's tariffs on Thursday, and Federal Reserve Chairman Powell will also give an opening speech at an event on Tuesday, his first speech since meeting with Trump last week. Meanwhile, several Fed officials will speak this week. Gold prices may continue to test the middle track of the Bollinger Band near 3,300 this week, and are expected to test near 3,250 if geopolitical tensions ease.Gold prices rose to 3322 in the Asian session last Friday and then started to fall. As of now, the lowest price has retreated to 3270. At present, it is not ruled out that gold will fluctuate widely. From the daily level, the continuous negative turns positive and stabilizes above the middle track of Bollinger again. The stochastic indicator is blunted. With the rebound of gold prices, the green short momentum has weakened. KDJ also shows signs of repair after experiencing a high-level dead cross. The 4-hour Bollinger Bands show a narrowing pattern, and the moving average system will usher in a downward correction in the short term. As Trump's tariff trade is temporarily effective, the short-term trend of gold is expected to continue to fluctuate widely, and the long-term trend is definitely bullish.Pay attention to the short-term pressure of 3325 on the upper side during the day. Once it stabilizes above 3325, it will be seen that this wave of rebound and rise can continue to around 3365. Pay attention to the support of 3270-3260 in the short term. Further support is 3245. After the European and American sessions rose last Friday, gold has been under pressure at 3310 and cannot break through. Then gold will continue to be short at highs under pressure at 3320 this week. Bearish correction downward, look at 3270-3260, wait for the price to return to this position and then follow up with the long position.Overall, the short-term operation strategy for gold today is to sell on the rebound and buy on the pullback. The short-term focus on the upper resistance of 3320-3330 and the short-term focus on the lower support of 3280-3270.Gold strategy:Buy range: 3280-3278, SL: 3268, TP: 3300-3310Sell range: 3328-3330, SL: 3340, TP: 3310-3300Key points:First support: 3280, second support: 3270, third support: 3230First resistance: 3330, second resistance: 3340, third resistance: 3350Share my views for free every day

GoldenViewJake

Gold rose again yesterday as a hedge. After hitting the bottom, gold quickly formed a deep V. Gold should follow the trend and go long in the Asian session today. We never do dead longs or dead shorts. Since the gold bulls have begun to fight back and formed a strong deep V, the gold bulls are even better.Gold 1-hour deep V reversal, gold 1-hour moving average also began to turn upward, so the strength of gold shorts has weakened, and gold bulls are expected to start to exert their strength. Gold 3285 is the key position for the turning point between long and short. If gold falls back to 3285 in the Asian session without breaking, it can continue to go long. If gold falls below 3285, then gold will start to fluctuate in a large range again. If it does not break, it will still fluctuate upward.The market changes rapidly. Since the gold bulls have begun to exert their strength, the short-term will follow the pace of the bulls. Whether the gold bulls can go to the next level, we will wait and see.Gold strategy:Buy range: 3290-3288, SL: 3278, TP: 3310-3320Sell range: 3338-3340, SL: 3350, TP: 3320-3310Key points:First support: 3290, second support: 3280, third support: 3270First resistance: 3330, second resistance: 3340, third resistance: 3350Share my views for free every day

GoldenViewJake

Gold daily level includes a big negative line, the high price did not break the previous high, the low price broke the previous low, and there was a tail trend, indicating that the gold short position is relatively strong. In the short term, gold stabilized and fluctuated around $3285, and tested upward many times. At the same time, it opened low at $3292 today and then rose. The bull market is expected to continue in the future.Gold 4-hour level is not so strong at present. The market encountered resistance and fell back at the upper track. Now the market has touched the lower track. The Bollinger Bands have not opened and are still flat, indicating that the market is in a volatile trend in the short term. The support below 3280 just coincides with the lower track. The upper side pays attention to the resistance near the middle track of 3325. If the pressure near the middle track 3325 is broken, it can be seen to the upper track 3365. Then, considering this market situation comprehensively, the view is relatively clear. This week, the gold week will see a correction at the beginning, and it will start to see a stabilization and rise after Wednesday, but the rise should be seen in stages. The target of the rise is 3365 first, and the breakthrough is 3400. If the market breaks below 3280, then the market will weaken. Intraday trading, 3280 is used as defense to see a rebound, and attention is paid to the short-term breakthrough of 3325.Overall, the decline of gold just touched the previous support level, and there is a probability of stabilization. Today's operation considers buying first in the retracement layout, and selling at high levels as a supplement. Pay attention to the resistance of 3315-3320 US dollars on the top, and pay attention to the support of 3280-3275 US dollars on the bottom.Gold strategy:Buy range: 3280-3275, SL: 3270, TP: 3300-3310Sell range: 3315-3320, SL: 3330, TP: 3300-3290Key points:First support: 3280, second support: 3275, third support: 3265First resistance: 3315, second resistance: 3320, third resistance: 3330Share my views for free every day

GoldenViewJake

From the daily chart, the golden cross has been established. The three tracks of the Bollinger Bands are still flat and suppressed by the trend line pulled down by the daily line. The resistance at the beginning of the week is around 3360-3365. Once the previous high is broken, the possibility of gold hitting the upper Bollinger Band of 3400 cannot be ruled out. In the short term, the lower trend line support on Monday played a role again in the 3320 area, but it may not be able to hold up again today. Since the market is no longer testing the Bollinger Bands, combined with the four-hour top divergence correction, if there is an adjustment, once the previous low is broken, the market will test the integer of 3300.After the previous rise, the four-hour cycle is not so strong now, but it is oscillating. The Bollinger band is closed, and the trend strength needs to be stimulated by the market before a second rise can occur. Therefore, it is not recommended to look at absolute unilateral strength at the beginning of the week. It is better to have a callback to go long. Go short at highs first. If the market can open the suppression point near the Bollinger upper rail 3370 in the future, or start a rebound of at least 15-20 points, the bottom will see if it continues to be under pressure here at the beginning of this week. Gold hit a high of 3350 in the Asian session and fell under pressure. Gold did not break through yesterday's high point, so the high point of gold rebound is still decreasing in turn, indicating that the strength of gold bulls is not strong, so gold will continue to sell at highs, and gold will continue to fluctuate in a large range. It is still mainly sold at highs. Now the market still changes greatly according to the impact of news. If there is a risk aversion on the gold news, then it can go ahead with the risk aversion.Overall, today's short-term operation strategy for gold is to sell on rebounds and buy on pullbacks. The short-term focus on the upper side is 3345-3450 resistance, and the short-term focus on the lower side is 3300-3290 support.Gold strategy:Buying range: 3295-3290, SL: 3285, TP: 3315-3325Selling range: 3345-3350, SL: 3355, TP: 3330-3320Key points:First support: 3295, second support: 3290, third support: 3280First resistance: 3345, second resistance: 3350, third resistance: 3360Share my views for free every day

GoldenViewJake

It goes without saying that the bulls have the upper hand in the weekly chart. The daily chart has risen sharply, with an increase of about US$78, which is enough to reflect the strength of the bulls. In addition, the price bottomed out and rebounded yesterday. The current price is running between the upper track of the Bollinger Band and the 5-day moving average. The short-term moving average extends upward strongly, forming support at 3287 and 3315 respectively. In conjunction with the long arrangement of other periodic indicators, the daily line should tend to continue the upward trend. In terms of 4 hours, after the rise on Friday, the gold price once again effectively crossed the short-term moving average and drove the short-term moving average to run upward. Other periodic indicators are arranged in a long position. The Bollinger Band is generally upward. In addition, the macd indicator is in a golden cross shape and intends to continue to rise. The bulls have sufficient upward potential. Therefore, the 4-hour level trend indicates that the bulls may continue the upward trend.For the support at the beginning of this week, pay attention to the 3315 area. Above this point, first look at the stabilization of 3340. If it can break through 3370, it will mean that the bulls have the momentum to hit 3380 and above. Otherwise, it may fall into a volatile trend. Since Monday is the Memorial Day in the United States, there is no US market. So I expect that above 3380, you can still choose to participate in short orders. As for resistance, pay attention to the vicinity of 3370 first, and then focus on the strong pressure around 3386. According to the current performance of gold, the former is expected to break through during the European session, while the latter has limited volatility due to the lack of US market at the beginning of the week. A stable short-term selling strategy can be carried out below 3386.Overall, today's short-term operation strategy for gold is recommended to be mainly short-selling on rebounds, supplemented by long-selling on pullbacks. The short-term focus on the upper side is 3365-3475 resistance, and the short-term focus on the lower side is 3322-3312 support.Gold strategy:Buy range: 3320-3315, SL: 3310, TP: 3350-3360Sell range: 3360-3365, SL: 3373, TP: 3340-3320Key resistance support:First support: 3320, second support: 3315, third support: 3305First resistance: 3360, second resistance: 3365, third resistance: 3375You can continue to sell high and buy low according to today's analysis.

GoldenViewJake

Gold opened slightly higher yesterday at 3319, and then pulled up strongly at 3314 to fill the gap. It reached a high of 3345 and then fell back strongly. The daily line reached a low of 3279 and finally closed at 3294 with a long upper shadow. The long-short watershed is 3280 today, which means that only by breaking 3280 can the decline be opened. At the same time, the intraday moving averages are staggered and there is no unilateral rise for the time being. The current support is concentrated at 3280, the short-term pressure is in the 3325 area, and the mid-line is at 3355. So today's operation is very simple. Sell aggressively when approaching 3325. The main selling is concentrated at 3350 mid-line layout. The Asian session stabilizes at 3286. If it goes long, it will be today's low. If the market falls below 3286 again, first look at the low point of 3279 last night. Once it effectively breaks below 3275, it should not be able to stop looking at 3270. Today, we will not see a big rise or fall for the time being, and tend to fluctuate as the main trend.From the hourly chart, the gold market quickly broke through the 3345 resistance area in the early stage and then quickly fell back. The overall volatility space temporarily maintains two intervals, one is the 3350-3320 high and the 3320-3280 low. Yesterday, the white plate tested the upper 3345 area and then retreated. This is a strong signal of reaching the top! It indicates a correction and callback to the previous stage increase, but the overall pattern is still a wide range of fluctuations! From the short-term trend, the slow decline and retracement of gold was reversed by a positive line. The short-selling force is fierce, but the strength of the long pullback is not weak. The daily K-level price currently seems to have a five-wave callback. Even if it really follows this situation, there is no problem with the price going long today to confirm the top. At present, both short-term long and short positions can be arranged.On the whole, the short-term operation strategy of gold today is recommended to rebound and sell as the main, and the callback is supplemented by long. The short-term focus on the 3345-3350 resistance line on the upper side and the short-term focus on the 3280-3285 support line on the lower side.Gold strategy:Buy range: 3290-3285, SL: 3280, 3310-3320Sell range: 3330-3335, SL: 3340, 3315-3305Key points:First support: 3290, second support: 3285, third support: 3275First resistance: 3330, second resistance: 3335, third resistance: 3345Share my views for free every dayThere are opportunities for both buyers and sellers today.

GoldenViewJake

On Wednesday (May 21), due to the weakening of the US dollar and the rise in safe-haven demand, the international gold price rose to its highest point in more than a week. US President Donald Trump's failure to convince opponents within the Republican Party to support his massive tax cut bill also became one of the supporting factors. As of press time, spot gold rose 0.65% to around $3,310, with an intraday increase of more than $20, holding yesterday's nearly $60 increase.The US dollar index fell to a two-week low, making gold denominated in US dollars cheaper for investors holding other currencies. Market sentiment turned cautious, driving safe-haven funds into gold. Previously, Moody's downgraded the US sovereign credit rating, and President Trump's promotion of a massive tax cut bill is expected to be passed by Congress, which has triggered market concerns about the expansion of the US fiscal deficit, further strengthening the "sell the United States" theme and exerting continuous pressure on the US dollar.Affected by geopolitics, Israel is preparing to attack Iran's nuclear facilities, and the risk of the situation has escalated again. Gold has continued to rise with its own safe-haven properties. It has risen by more than 200 US dollars since the bottom rebound, which reflects the tension of the situation and the strength of gold's rise from the side!In the past few days, I have been emphasizing that everyone should remain bullish. If you can go long, don't go short. Today is still the same idea. The continuous rise in the market focuses on the low point of the staged rise, and this round of small-level rises is at the 3290 line. In other words, the 3290 line has not been broken, and any decline in the bottom pattern is an opportunity for us to buy!Gold strategy:Buy range: 3325-3323, SL: 3310, TP: 3345-3355Sell range: 3353-3355, SL: 3365, TP: 3335-3325Key points:First support level: 3310, second support level: 3300, third support level: 3290First resistance level: 3345, second resistance level: 3350, third resistance level: 3355Share my views for free every day

GoldenViewJake

Gold closed sharply higher at the daily level. The low price did not break the previous low, and the high price broke the previous high, showing a rising trend. Gold broke upward after fluctuating in the 3250 area. Gold bulls pulled up again and broke through the double expansion line. Then it needs to test the 1.68 level ahead. Pay attention to the 3259 level for the strength of the retracement support.Gold has been fluctuating sideways in a small range for several consecutive days, constantly digesting the downward momentum of MACD. Last night, the market was brewing a wave of upward breakthrough and unilateral pull-up. The daily line stabilized ma5 and ma10. The previous weakness has now turned into strength, just closing above the middle track of the Bollinger Band. On this basis, today's market relies on the middle track for a clear bullish basis. Therefore, today's gold continues to be bullish. The current market at the 4-hour level has gone out of a strong pattern. The Bollinger Bands continue to open upward, the moving average golden cross diverges upward, the MACD golden cross emerges, and the red column continues to increase, suggesting that gold will continue to rise in the short term. Therefore, the bullish idea is maintained during the day. However, the current K-line has run above the upper track, which is not conducive to the continued rise of gold. Therefore, the operation is to wait for the key support level to fall back and buy. The current short-term buying support is 3273, and the previous top and bottom conversion position of 3265-3253 is concerned below. If the price falls back to the two supports today, continue to buy. The upper side is expected to reach 3325, and the breakthrough of 3347 is expected to rush to the 3400 line.Overall, today's short-term operation strategy for gold is to buy on pullbacks and sell on rebounds. The short-term focus on the upper side is 3350-3355 resistance, and the short-term focus on the lower side is 3295-3290 supportGold strategy:Interval buy: 3295-3290, SL: 3285, TP: 3315-3325Interval sell: 3350-3355, SL: 3365, TP: 3335-3325Key points:First support: 3295, second support: 3290, third support: 3280First resistance: 3350, second resistance: 3355, third resistance: 3360Share my views for free every day

GoldenViewJake

Yesterday, gold continued to fluctuate, and the price continued to be under pressure at the key level of 3250. On the weekly level, gold prices tried to rebound after bottoming out on Friday, but encountered suppression from the short-term moving average. On the weekly level, gold prices attempted to rebound after hitting bottom on Friday, but were suppressed by the short-term moving average. The daily line finally closed in a cross star pattern with long upper and lower shadows, indicating fierce game between bulls and bears. From a technical perspective, the 4-hour chart shows obvious characteristics of a descending channel. The price rebounded after testing the lower track of the channel several times, but it has not been able to effectively break through the central axis suppression level of 3250. The hourly chart shows that the market maintains a rhythm of oscillating corrections. The current daily line forms a combination of two Yins and one Yang, but it has not effectively fallen below the previous low support level. It is expected that the trend pattern of bottoming out and rebounding will most likely continue today. In terms of operation strategy, it is recommended to focus on the 3260-3200 range, relying on the upper and lower edges of the channel to implement a high-selling and low-buying strategy, and at the same time, special attention should be paid to prevent the possible breakthrough risks during the European session.Overall, today's short-term operation strategy for gold is to buy on pullbacks and sell on rebounds. The short-term focus on the upper resistance of 3258-3260 is the focus, and the short-term focus on the lower support of 3205-3200 is the focusGold strategy:Buy in the range: 3205-3200, SL: 3195, TP: 3225-3235Sell in the range: 3258-3260, SL: 3270, TP: 3240-3230Key points:First support: 3205, second support: 3200, third support: 3190First resistance: 3260, second resistance: 3265, third resistance: 3275Share my views for free every day
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