MagicTrader_Manuel
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MagicTrader_Manuel

Dear friends, today due to the expansion and escalation of conflicts in the Middle East, market risk aversion has surged. Gold has been enthusiastically sought after as a safe haven asset. It took the 2400 position in one fell swoop and continued to rise to around 2417. Subsequently, Iran downplayed the tension many times. Gold turned downward and has now given up all its gains, with the lowest falling to around 2372.https://www.tradingview.com/x/E0VyXUhW/The market has experienced ups and downs, and I estimate that many people have been hit hard by this wave of short-term market conditions, because when the market is at its most frenetic, it is also when most traders are least calm. Judging from the current situation, although gold has risen due to the news, it has indeed broken through the suppression of the recent high of 2395, and the pressure above has been released. When gold fell to the 2375-2370 area, its downward momentum further slowed down, and the 2375-2370 area still has certain support in the short term. And the risk aversion in the market still exists, so I think gold still has the conditions to rise.Therefore, in terms of trading, I will first consider going long gold with 2375-2370 as the support area. When gold rebounds, I will backhand short gold. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.Gold rebounded above 2382, our long position has been profitableGold rose to 2385 in the short term, hitting the TP perfectlyNow that gold has rebounded above 2390, I will consider shorting gold.Gold has risen strongly above 2395, can we still go short?Gold once again encountered resistance in the 2395 position area. We can short gold in small batches.
MagicTrader_Manuel

Today’s gold trading situation is as follows:1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$16142.Xauusd: @2388 Sell, TP:2372 Profit: +$ 96003.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632To be honest, today gold first rebounded to 2392 and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To be honest, gold’s short-term rebound did exceed my expectations.I originally thought that gold's rebound would not exceed 2385, so the loss of $1614 during the transaction was the price I paid! Fortunately, I adhered to the correct trading logic and insisted on shorting gold in the 2388-2390 area. As a result, gold fell sharply to around 2370 in the short term, directly hitting TP: 2372, thus making a full profit of 290 points! Achieved daily profit of over $18K.https://www.tradingview.com/x/RSqIFFCl/Judging from the recent gold trend pattern, gold has encountered resistance in the 2395 area many times recently, and has started to fall downwards. This area has become the current key resistance level.As gold has made multiple corrections and consumed a certain amount of bullish momentum, we can appropriately lower the short-term resistance expectation to the 2388-2390 area.In addition, the recent sharp rise in gold is generally due to the impact of the news. With the current interest rate cut expectations reduced, and the geopolitical conflict has not substantially expanded or escalated,after the news calmed down, the dominant position gradually declined, and the market always returned to the technical level. Overall, gold has a need for a correction at the technical level, which to a certain extent has suppressed the enthusiasm of market bulls! After gold's rise stagnates, it may cause a short counterattack and gold will be sold off in large quantities.Therefore, in terms of short-term gold trading, if there is no major bullish market news, I will still focus on shorting on rallies, focusing on the key resistance area of 2390-2395 above. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.I once again shorted gold near the 2388 position. Now gold has fallen back to around the 2385 position again, and we have started to make money again.We temporarily set TP to 2376Change TP to 2378Gold's current momentum has slowed during its rebound, and bears still have room to spare.I chose to close the position near 2379, and we once again made a handsome profit on the short trade.It's getting late now, so we don't have to wait for $1. We can manually close the position near the 2379 position and lock in the profit in time!In the next trading, we will still focus on shorting on rallies.As gold has fallen back many times, the current short-term resistance area has moved down to the 2385-2390 area.Gold is rebounding. We will continue to seize the profits of short gold and wait for opportunities to short gold.
MagicTrader_Manuel

Dear friends, gold turned upward after hitting the 2355-2350 area overnight. It is currently trading near the 2383 position. Gold seems to have the possibility of hitting 2400 again.In fact, for the current gold market, wide fluctuations have become the norm, but in the short term, I think gold does not yet have the conditions to directly impact 2400, because gold has stopped at the 2395 area many times recently.Then the area has become a key resistance level, and the short-term resistance level is in the 2388-2390 area. Therefore, for this short-term rebound, I do not expect gold to break through the 2388-2390 area, and then it will continue to correct.https://www.tradingview.com/x/zWugwAU6/After all, after gold has fallen so much, it will not rebound all at once. It needs technical secondary confirmation of support before it can continue to rebound. Therefore, even if gold will continue to rise, before it rises, gold should still technically step back to confirm support. . In addition, the short-term head and shoulders pattern formed by the short-term level currently needs to be digested by the short sellers!Therefore, in terms of short-term trading, I still tend to short gold. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.Although gold exceeded expectations a little, gold fell sharply to around 2377 in the short term after touching around 2392. Overall, it is consistent with my point of view.Gold is currently hovering near 2380, and there is still room for gold to go down.Gold finally hit 2372TPI made a full 290 pips in gold trading today, a very good profit!When gold rebounds above 2386, we can continue to short gold
MagicTrader_Manuel

Today’s gold trading situation is as follows:1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 26962.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 62283.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have once again continued our 9-game winning streak in recent gold transactions. This is a very good result.https://www.tradingview.com/x/h9fKS055/For the current gold market, in fact, gold as a whole still maintains a high and volatile market. However, gold has failed to make good progress in the short term when it has repeatedly risen to 2400. So after failing to break through many times, whether it is due to the need to accumulate upward momentum or a certain consumption of bullish energy, I think gold may undergo a deep correction at any time.The correction is coming as soon as it comes, and the current lowest level of gold has fallen back to around 2361. If gold cannot quickly recover above 2380, or even above 2375, then gold may continue to fall back to 2355 or even near 2350, which means it may replicate the short-term trend of April 16th,thus laying the foundation for short-term adjustment trend pattern.Therefore, in terms of trading, there may be a partial rebound in gold after a sharp decline, but it is best not to go long gold directly now, because once gold cannot recover its losses as soon as possible, gold may continue to fall. So before there is a clear signal, I suggest waiting and watching and not rushing to trade! When there is a suitable opportunity, I will make a corresponding trading plan! I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.If gold can rise back above 2380 or even 2385, gold will challenge 2400 againGold did not stand above 2380 during the rebound, and gold will undergo a second correction to confirmGold failed to stand above 2380 during the rebound, and gold is likely to continue its adjustment. Then in the next transactions, we may change the trading strategy in due course and try to focus on shorting on rallies.If nothing else happens, the next trading rhythm will be short gold around the 2375- 2380-2385 area.Gold fell back to the target area of 2355-2350 as expectedGold has the intention of weakening in the short term, so today we will adjust our strategy to focus on shorting gold at high levels. The top will first focus on the 2370-2375 resistance area.The opportunity to short gold has come
MagicTrader_Manuel

Dear friends, gold has rebounded to a high of around 2394 in the short term, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading near 2388, so does gold still have the strength to conquer 2400 or even higher?https://www.tradingview.com/x/N2bPxCfZ/Although gold has stopped below the 2400 position many times in the short term, gold has shown great resilience in the process of falling back. Moreover, as gold continues to test support, the lows below are gradually moving upward, continuously consolidating and strengthening the support strength below. With continuous testing, the current short-term support has moved up to the 2380-2375 area. Therefore, I think gold's short-term pullback happens to be a relatively healthy trend, laying a solid foundation for sprinting to the 2400 position, and it is even possible to hit a higher position.Therefore, in terms of trading, I still believe that the short-term fall in gold will be a good opportunity to go long in gold. I still maintain the main trading rhythm of going long on dips. In the short term, I will mainly focus on the support in the 2380-2375 area. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.When gold falls back to the 2380-2375 area in the short term, it will be a good opportunity to go long gold again.Gold is back down again and we will look for opportunities to go long gold again later.If gold fails to break through 2400, then we will again consider shorting gold to gain profits from short-term correctionsToday is the third time I have made a profit. Both the long and short parties have good profit potential.
MagicTrader_Manuel

Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable profits!Today, gold has retreated to the 2365-2360 area many times. When the gold adjustment is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the candle chart continues to rise along the moving average, all the way up! The current highest level is near 2398. Of course, this is not the end. I think we will definitely meet again at 2400!https://www.tradingview.com/x/BE2LjqZW/For trading, I will still maintain the rhythm of falling back and doing long, and focus on the short-term support area of 2380-2375 below. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.Gold is currently falling back and we will look for the right opportunity to go long gold againWhen gold falls back to around 2375, we can consider going long gold againWhen the gold market opens, we still wait patiently for long opportunities
MagicTrader_Manuel

Dear friends, gold as a whole still maintains a high and volatile trend. On the short-term level, gold has fallen back to around 2363 after failing to break through 2390 many times. Will gold continue its downward trend and re-enter the short trend?https://www.tradingview.com/x/wINpI3mJ/In fact, judging from the current overall trend, the roller coaster pattern of wide market fluctuations has become the norm, but there is still strong support below during the pullback. The short-term level has successfully built a double bottom structure, laying a solid support foundation for the bottom. According to the gold structure, gold should still have room to rise, and the 2390 position is definitely not the end. Therefore, the short-term decline of gold is to better accumulate upward momentum, which is more conducive to gold's challenge to the 2400 mark again.In addition, the situation in the Middle East is getting more and more intense. Although there are occasional calms, the market risk aversion will not disappear. Once the conflict in the Middle East escalates, it will lead to a surge in market risk aversion and stimulate the rise of gold!Therefore, in the short term, whether from a technical level or a news level, gold bulls are still tenacious, so we should follow the trend in trading and seize the opportunity to go long gold when gold falls. From this, we might as well boldly go long gold in the 2370-2365 area, and then wait patiently for gold to rise and bring us considerable profits.I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.For current trading, we can consider doing long gold appropriately in the 2370-2365 area, TP1:2380; TP2:2385Gold is currently rebounding to around 2375. If you followed my long gold trading strategy, I believe you should have made a good profit now.Although gold fell again, it showed strong resilience during the fall, and the energy of bulls still supported gold.Although the current momentum of gold is very weak, during the period of narrow fluctuations, gold constructed a short-term head and shoulders bottom pattern and tested support again. The current support area of 2370 is effective, which is a typical rising pattern.Gold has now rebounded above 2375 again and our long positions have made good profitsGold successfully hit TP and we made a huge profit todayGold bulls make perfect profits again! For trading, I will still maintain the rhythm of falling back and doing long, and focus on the short-term support area of 2380-2375 below.
MagicTrader_Manuel

Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, the bears have finally gained the upper hand. The current lowest price of gold has been around 2324. Of course, our short gold order near 2360 also successfully hit TP: 2349. We thus reaped considerable profits.https://www.tradingview.com/x/VlTFRHNw/At present, gold maintains a volatile and weak situation. In the short term, I still maintain a weak view of gold, and gold is likely to fall into a continued retracement, and the target below is the 2320-2310 area. But if the short position is established, gold will also see a certain rebound after the breakthrough, and the technical level below will also give the bulls some support. Then after gold rebounds, it will once again give us the opportunity to short gold.So in terms of trading, we can now first consider shorting gold in the 2352-2355 area, with the target looking at the 2340-2338 area. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.Continue to add positions to short gold in the 2358-2360 areaAt present, gold is in shock again after rebounding, but the strength of the rebound is gradually weakening, and gold will fall againAt present, gold is in shock again after rebounding, but the strength of the rebound is gradually weakening, and gold will fall againGold's short-term unexpected rebound hit SL, and I will look for opportunities to participate in market transactions again later.I never think hitting SL is shameful and terrible. On the contrary, we must face and admit losses calmly during the trading process. Only we have the courage to face them and do not avoid losses.Only in this way can we maintain a good trading state during the transaction, and it will not affect our subsequent judgment of the market!The renewed tension in the Middle East has stirred up the gold market and stimulated the influx of safe-haven assets into the gold market, supporting gold's rise.Because the development of the situation in the Middle East cannot be accurately predicted for the time being, if, like it did at the weekend, Israel made statements that it was not prepared to expand the conflict,then market risk aversion will cool down, and market speculators will cash in profits or even sell.safe-haven assets no longer pour into the gold market in large numbers;then gold will continue to adjust in the short term. However, once the conflict in the Middle East shows signs of expansion and escalation, safe-haven assets will boost the rise of gold. So as far as the gold market is concerned, the current situation in the Middle East is an uncertainty factor.
MagicTrader_Manuel

Gold continued to fall after hitting an intraday high near 2372, with the lowest hitting near 2345. So far, although gold still has a partial rebound, it is difficult to continue its strength. Judging from the current market reaction, gold did not rise as strongly as before due to the surge in risk aversion over the weekend, but showed an inability to rebound. Then the short-term bulls may come to an end, and the short-term will be controlled by short sellers!https://www.tradingview.com/x/IYal1maA/At present, all short-term technical resistance is concentrated around the 2365 position, so the trading plan I shared today is also based on shorting gold around the 2365 position. Although the short-term level of gold currently finds support in the 2345-2340 area, we need to focus on the 2310 and 2270 positions below. Why focus on these two positions in particular? The reason these locations exist is simple. Because the vicinity of 2310 serves as a platform for the subsequent rise of the non-agricultural market. If it falls below this point, it will return to 2270. At least the probability is very high. Secondly, the 2270 position is the low point where the non-agricultural market falls first. Once the 2270 position is broken below, Then the short sellers will completely control the market, and the space below will be completely opened!Therefore, in the next trading, I will still focus on shorting on rallies, and focus on the resistance in the 2365-2370 area above. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.Monthly U.S. retail sales data for March showed negative news for gold, which fell by $6 to around 2,351. At present, gold has rebounded in the short term, but overall the volatility is very weak. I currently hold a short position in gold and set the TP at 2349. The TP has not been hit yet, and I will still wait patiently.We can start shorting gold in small batches above 2360At present, gold has fallen back to around 2354 again, and we have now made a good profit.Gold has currently dropped to the lowest position near 2343, and has hit the TP I set: 2349At present, gold is rebounding after falling. I will look for suitable opportunities to short gold again.
MagicTrader_Manuel

Dear friends, tomorrow will start a new week of trading journey! Let’s first summarize this week’s trading results. Personally, my overall profit this week was over $68K, which I feel is a very good trading result. Although I occasionally suffered losses in this week's transactions, I was able to seize 95% of the trading opportunities and successfully make profits. I think this is a very good result! Hopefully we can keep up the good work next week!https://www.tradingview.com/x/G63AtkC5/For the gold market next week, due to the escalation of conflicts in the Middle East, gold may have the conditions to jump short and open higher on Monday, or gold may be the first to rebound with the support of safe-haven assets. If gold rebounds as expected, we will first focus on the resistance in the 2365-2370 area above.In addition, on Friday night, gold fell back from its highest position near 2431 to its lowest position near 2334, a correction of almost $100. This is a sharp correction that has never occurred recently. I think this may intensify market panic to a certain extent and cause a certain range of selling, which is detrimental to gold. In addition, from a technical perspective, gold has undergone a deep correction, which has consumed the momentum of bulls and also destroyed the bull pattern to a certain extent. There may be a peaking signal in the short term, so gold may continue its correction trend.Therefore, I predict that gold will stage a trend of rising first and then pulling back in the trend next week. Therefore, in terms of trading, in terms of the main trading rhythm, I will focus on shorting on rallies, and first focus on the resistance in the 2365-2370 area above. Of course, I will adjust the specific trading strategy according to the real-time intraday market conditions. No matter what, I wish us to achieve greater success in trading next week!I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.Gold is short again after gold rebounded on Monday. Therefore, I predict that gold will stage a trend of rising higher and then pulling back in the trend next week. Therefore, in terms of trading and the main trading rhythm, I will focus on shorting on rallies. First, focus on the upper 2365 -2370 area resistance. Of course, I will adjust the specific trading strategy according to the real-time intraday market conditions. No matter what, I wish us to achieve greater success in trading next week!For the gold market next week, due to the escalation of conflicts in the Middle East, gold may have the conditions to jump short and open higher on Monday, or gold may be the first to rebound with the support of safe-haven assets. If gold rebounds as expected, we will first focus on the resistance in the 2365-2370 area above.from a technical perspective, gold has undergone a deep correction, which has consumed the momentum of the bulls and also destroyed the bull pattern to a certain extent. There may be a peak signal in the short term, so gold may continue its correction trend.As I expected, gold first rose to the 2365-2370 area and then fell back again.Dear friends, gold did not jump higher due to the stimulation of geopolitical conflicts, but gold was roughly in line with my expectations. I originally expected gold to rise to the 2365-2370 area and then fall back.In fact, gold rose to around 2372 and then fell back again, which was not much different from my expectation.If conflicts in the Middle East can be relatively restrained and conflicts do not escalate, gold will continue to fall.If gold pulls back to the 2345-2340 area, we could consider going long gold again
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