Matthew_8888

During the Asian session today, we took profits on our long position in gold and then entered a short position in the European session, both yielding substantial gains (this can be verified on my free channel). Technically, gold prices are likely forming a short-term "double top" pattern. The current downward trend is quite clear, with the hourly low during the European session around 4168. Recently, gold triggered sharp declines after testing 4381 twice, indicating significant selling pressure above. Additionally, the rapid rebound to 4250 after breaking below 4200 last Friday was more of a buying defense driven by bullish sentiment. However, the probability of a rebound today is extremely low— the impact of last Friday’s plunge has not been fully absorbed, and today’s renewed slump has undoubtedly dealt a second blow to bullish confidence. Attention should be focused on the 4180 support level below. If it is breached, the bullish trend for gold may come to a complete end. Gold is currently in a state of panic selling. It is advisable to remain on the sidelines for now, and wait to enter the market until the selling sentiment subsides and the market stabilizes, so as to avoid losses from a market washout that triggers a double wipeout of both long and short positions.Today is the biggest drop since 2013, from 4381 to 4081. Today's drop of $300 is a historic moment.

Gold opened higher today, testing the peak at 4381 before coming under pressure and declining. During the session, it pulled back to a low of 4317, rebounded to around the 4345 level, and then started a cascading drop. Currently, it is consolidating with fluctuations near 4266. We have only executed one successful trade during the Asian session so far today, and all traders who followed the operation have gained good profits. As this wave of gold's decline is relatively rapid, for prudence, we can first observe the market temporarily and will inform everyone when there is an opportunity for operation. Trading Strategy Keep an eye on the trend during the European session. If gold fluctuates weakly in the European session, we will go short when it rebounds in the US session. If gold rebounds strongly in the European session, we will go long on gold when it pulls back in the US session. I will update trading signals in real time in the channel. You can follow it if needed.The current international focus remains on the trade negotiations led by China and the United States, as well as the Federal Reserve's interest rate cut expected next week. Tensions persist in the Middle East between Russia and Ukraine, but market sentiment is becoming particularly tense, leading to rapid shifts in bullish and bearish sentiment. From the 1-hour and 4-hour candlestick charts, we can see that gold prices have been fluctuating recently, with significant selling pressure at high levels. If gold prices fail to rise back to 4,300 in the near future, it will enter a period of consolidation, with 4,381 potentially representing a temporary top.Just now, the gold short position shared in the channel has been closed with profit. Congratulations to the investors who followed the signal. Warm Tip: If you're currently investing in GOLD and are confused about market trends or need professional guidance, you can follow me and visit my channel.

Bitcoin's intraday market is under pressure and has retreated. Bullish sentiment has weakened, and prices are testing downwards. Currently trading at 119.6K, this correction has already wiped out the intraday gains, and the short-term support level of 110K has been broken. Looking at the hourly chart, the rebound is under pressure again, signaling a short-term correction. There is a risk of further price declines, so be prepared. The current trend is biased downward, so short positions on rallies are recommended. Focus on short-term resistance at 111.2K above, and support at 106.4K below. If you're feeling lost and unsure about the market, follow my updates and channel. I'll provide daily updates, including details on long- and short-term trade execution. If you're interested, please share your current positions and we can analyze whether it's safer to hold on or adjust and change your positions.Bitcoin is heading towards support at 106.4KThe short-term pressure is around 108.3K. Only after breaking through here can it continue to rebound upward. The support is at 107.4K. If it falls below this position, it will further fall to the support of 106.4K.

Gold directly recovered Friday's losses and hit a new high yesterday, which undoubtedly reflects the strength of the bulls. As mentioned in my post yesterday, with the support level of 4218 held, the low points have been gradually moving up, and a breakthrough above 4280 was only a matter of time. After breaking through 4280, the price surged all the way to a high of 4381, before starting to decline slowly. The gold bulls have risen again, and the current correction ended in the form of a rapid adjustment, allowing gold to return to the bull market. From a technical perspective, the short-term correction has been repaired, and the price has moved back above all major moving averages, indicating that the market has regained its strength. The 1-hour moving average is still diverging upward in a bullish trend, leaving room for further upside in gold. Additionally, factors such as the U.S. debt crisis, the U.S. dollar credibility crisis, risk-aversion sentiment, and the interest rate cut cycle are driving gold prices higher. As long as these issues are not resolved or mitigated, the escalating contradictions will inevitably push the price to rise further. Today's Strategy: If gold pulls back to the range of 4320-4330, consider going long on gold appropriately and set up a stop-loss order for risk protection.The specific buying point will change according to the actual market conditions. If you need to follow this strategy, please be sure to contact me before trading to determine if it is safe.Gold was under pressure at 4380 and fell back to 4320. Long orders have been entered, waiting for the rise.

Gold opened slightly higher at 4251 this morning, but immediately crashed and fell back below 4239. However, this didn't trigger a further sell-off, instead it stalled and saw a strong rally. Gold therefore broke through 4273 before retreating. The pullback was also quite strong, directly reversing gains and heading towards 4220. This aligns with the signal mentioned in yesterday's article, suggesting a short position below 4280. Gold's 30-minute moving average has begun to turn downward. If it forms a downward death cross, the 30-minute moving average could see further downward movement. Even with the risk-averse approach, gold failed to break through the resistance at 4280 this morning, indicating that 4280 remains the current dividing line between bulls and bears. Resistance levels: 4260, 4280 Support levels: 4200, 4180 Trading strategy: 1. If gold retreats to the 4200-4180 area, consider going long on gold and setting up a protective position. 2. If gold rebounds to the 4265-4275 resistance area, consider shorting gold. 3. If gold breaks through and holds above 4280, consider going long on gold after a pullback. If you're feeling lost and unsure about the market, follow my updates and channel. I'll provide daily updates, including details on long- and short-term trade execution. If you're interested, please share your current positions and we can analyze whether it's safer to hold on or adjust and change your positions.Brothers, the resistance at 4280 is effective. The short positions we bought in the resistance area of 4265-4275 have now dropped to around 4250, with a decline of nearly 20 dollars. This strategy is exactly as expected and has brought us substantial profits. You can all take profits and exit the market. If you need to make up for significant losses, please contact me. I believe the expertise of our team can help you achieve the goal of doubling your profits.If the price fails to break below 4218 during the European trading session, those who are still shorting gold can take profits. Currently, the market is volatile, with the lows moving upwards. There is a high probability that the price will break through 4280 during the US trading session.

Gold rallied to 4379 after opening on Friday, then rebounded above 4370 after experiencing two crashes. The market generally expected gold to break through the 4400 mark. Although one of the two crashes resulted in a drop of over 100 points, this did not spur a further return of bears. Instead, the strength of the rebound gave the market bullish confidence. The subsequent crash immediately wiped out all the buying. As I mentioned in my previous two articles, everyone expected the price to rise again after falling. The crash after the surge was actually expected. Whether it was the US government shutdown, rising expectations for an October rate cut, or the trade war and Russia-Ukraine spurring risk aversion, bullish momentum was constantly building. It was primarily driven by capital seeking to push up gold prices. Otherwise, the news had some impact, but not this significant. It's true that the Russia-Ukraine conflict hasn't escalated out of control. While a Fed rate cut is highly likely, the market had already priced in the news. Unless it's a significant rate cut, the impact will be limited. As for the US government shutdown, while it has an impact on the US economy, it's more of a civil war between the two parties, so the impact is also limited. As for tariffs, after all, they haven't been implemented, and there's no question of how much risk aversion they'll generate. Negotiations will happen anyway. Even combined, these various pieces of information wouldn't have spurred gold prices that much. After all, this month's rise from 3819 to 4379 is 560 points, and this week's rise from 4002 to 4379 is nearly 380 points. This is purely a malicious push. So is this bull market in gold over? This recent correction has been particularly strong, prompting many to question whether gold has peaked. However, it's premature to call it a peak, and we shouldn't blindly dismiss the current strong trend. After all, the news hasn't yet signaled a significant decline, and the aforementioned events haven't been effectively addressed. Looking at the one-hour and four-hour charts, support remains near 4180 and 4160. Only a break below these levels will trigger further downside, two areas we need to watch in the short term. Upward pressure is currently at 4280-4300. If it breaks through these levels again, it's likely to revisit the previous highs. A break below these levels could lead to a push towards 4500. Next Week's Trading Strategy: Gold's focus is now on the 4280 area, which is currently the dividing line between bulls and bears. If gold fails to break through 4280 in a rebound next week, continue shorting gold on rallies. If gold ultimately breaks through and stabilizes at 4280 amidst the weekend's risk-averse rally, then bulls will return. Currently, gold is still trading below 4280, so continue shorting on rallies at the beginning of next week while under pressure at 4280. If you're feeling lost and unsure about where to go in this market, follow my updates and my channel. I'll provide daily updates for your reference, including details on the execution of long- and short-term trades. If you'd like, please share your current positions so we can analyze whether it's safer to hold on or adjust and change positions in a timely manner. Next week's trading plan is about to begin. If you have any trading questions (wanting to recover losses or increase profits), please feel free to contact me. Thank you to everyone.If you encounter any problems in the transaction, you can contact us and we will help you as much as possible!If you encounter any problems in the transaction, you can contact us and we will help you as much as possible!

Yesterday, gold opened lower, found support at 4,199, and then began to rally, peaking intraday near the 4,230 level. Undoubtedly, the bulls have once again staged a rally of over 100 points. Of course, no matter how high gold rises—even if it hits 4,500—I wouldn’t be surprised right now, because the market is in such a state: the bulls’ rally seems endless. While there have been collapses in between, the situation is just as I said yesterday: recent collapses followed by rallies to new highs have made the market distrust the return of bears; instead, investors increase their bullish bets after each collapse. One thing must be acknowledged: amid gold’s relentless rally, there are still investors trying to top-tick the market (short at the peak), especially when facing resistance at round-number levels. The enthusiasm for shorting remains high, and this is precisely what’s driving gold higher—because it can’t fall. If it really did fall sharply, market sellers would undoubtedly lock in substantial profits. As for chasing highs, with gold breaking through resistance levels at will, buyers have high expectations. Moreover, as the low points keep moving up, buyers dare not exit casually once they enter a position—for fear of missing the chance to get back in at a lower level. This behavior has also intensified market manipulation; otherwise, what’s the point of gold’s "collapse-then-rally-to-new-highs" pattern these days? It’s nothing more than a way to trap both bulls and bears for profit. Given this situation, technical analysis and news are essentially meaningless. While they may have some reference value, it’s extremely limited. Therefore, you all need to be cautious. Of course, for me, it doesn’t matter—short-term trading doesn’t require a clear trend. Although I mostly take short positions in the short term, that’s only because the skill requirement for "catching pullbacks after rallies" is relatively low. Additionally, I haven’t had time to notify everyone about long positions, as the rebounds have been too fast, leaving no chance to enter. I hope you all can understand this. Today, gold gapped up to open near 4,333, pulled back to 4,326 to find support, and then surged sharply. The bulls pushed it up to around 4,379 before it collapsed to near 4,343; it then rallied again to 4,363 and paused to pull back. Undoubtedly, the bulls have once again unleashed an explosive rally. Of course, when it comes to the reason for this surge, it ultimately boils down to market-driven buying. Yesterday, when gold faced resistance in the 4,290–4,300 range, selling pressure emerged noticeably—and this is precisely what attracted capital to enter, "hunt" those short positions, and push gold above 4,300. The 4,300 level is also a key dividing line between bulls and bears in the market. This week, since gold started rallying from 4,002 earlier in the week, the bulls have surged nearly 300 points, and the enthusiasm of market buyers has slowed noticeably. Most investors think that after such a large gain, a further explosive rally is unlikely, so they chose to short at 4,300 as a "phased top-tick"—and this is why gold saw such a momentum-driven rally after breaking above 4,300. Secondly, market news has also given capital an excuse to push gold higher. First, the deteriorating relations between China and the U.S. have triggered market panic; second, the U.S. government shutdown has further amplified this panic; third, the suspension of data releases has left the Federal Reserve unable to refer to economic data to adjust policies, which has increased the likelihood of a rate cut. With these three major news drivers impacting gold, capital always has a reason to push its price higher. Furthermore, the outbreak of the U.S. credit crisis has fueled safe-haven sentiment, and the tense atmosphere surrounding the Russia-Ukraine conflict continues to stimulate safe-haven demand for gold. Combining these factors, if the market is willing, even a break above 4,500 wouldn’t be surprising. Of course, for today, we can’t rule out the possibility of a deep collapse. After all, this week gold has surged nearly 380 points from 4,002 to 4,379. While the bulls have shown strength, we must admit that this rally is fragile—overbought conditions are inevitable, and a collapse is bound to come. The only unknown is how gold will fluctuate before the collapse. Right now, tools like technical analysis are useless. However, looking at trading activity: even though market sellers have been trapped and forced to take losses, traders’ enthusiasm for top-ticking remains high. In this context, I personally don’t think 4,400 can hold; it will likely be broken falsely to trigger stop-losses. That said, once it breaks above 4,400, gold may see a momentum-driven rally—unless capital steps in to reverse the trend midway, it should surge to 4,430–4,440 before collapsing. Moreover, if a collapse occurs today, the magnitude will be significant, though it will be accompanied by a rebound. This is exactly what happened this morning: gold collapsed, then surged to a new high, collapsed again, then surged again. This is clearly a move to convince the market that "bears are powerless." Therefore, you all must be alert to the risk of a sudden 100-point drop in gold today. As for today’s trading strategy, I won’t elaborate much here—everything will be based on real-time market moves. If you lack a plan or clear direction for gold trading and struggle to achieve consistent, stable profits, you can follow my channel and leave me a message.Gold has plummeted in recent days and then quickly rebounded to break through the highs, which seems to be a show. Personally, I will continue to short at highs.As mentioned in the articles of the past two days, I have always been bearish and have been shorting gold. If the rebound is weak, today's hundred-point drop is just the beginning, and the subsequent trend will definitely be a volatile decline. The lower supports are 4280 and 4250 respectively.

Today, gold opened with a volatile climb and then consolidated at elevated levels. The bulls still have lingering momentum, but gold has been trading above its 5-period moving average for three consecutive days now. Since the start of this unilateral rally from 3,311, gold has consistently advanced with support from the 5-period moving average—only once did it find support at the 10-period moving average. When gold deviates from the 5-period moving average for an extended period and keeps rallying nonstop, a pullback correction is likely to occur. Furthermore, gold is trading at the end of an ascending triangle pattern, leaving little room for further movement, and a trend reversal could happen at any time. Realistically, due to the U.S. government shutdown, it’s nearly impossible to make reliable judgments based on economic data right now—the data is simply too untrustworthy, and any outcome would come as no surprise. That said, I don’t believe inflation will ease at all. In fact, the U.S. government shutdown has dealt a severe blow to the U.S. economy. Additionally, tariff tensions have never truly subsided; on the contrary, they are currently escalating step by step. Under such circumstances, I don’t think U.S. inflation will slow down—in fact, I lean toward the possibility of further inflationary pressures. If that’s the case, the Federal Reserve will likely put rate cuts on hold. Even if a rate cut is forced through in October, it will impact the progress of future rate cuts. Once inflation heats up, gold faces a high risk of a sharp collapse. In terms of market trading, gold’s rebound after the previous collapse has only fueled more bullish buying. Paradoxically, this has made the market unafraid of another collapse—traders now assume that any drop will be quickly followed by a rally to new highs. Amid the uptrend, chasing highs remains common, and rightly so, given the impressive gains in recent days. However, this could well be a sense of inertia instilled by the market, designed to make traders trust the bullish trend. If gold falls again, the decline will likely exceed 100 points. Resistance Levels: 4,275, 4,300 Support Levels: 4,235, 4,220 Trading Strategy While others are cautious, we’ll be greedy. We plan to consider shorting gold around the 4,275 level in the evening, waiting for a trend reversal. For specific trading decisions, please follow my real-time updates. I post my trading ideas and strategies daily. If you lack a plan or clear direction for gold trading and struggle to achieve consistent, stable profits, you can refer to and follow my updates as a reference and guide to help you avoid mistakes.The short position has been executed. If you follow the signal, remember to operate with a small position. If the price breaks below the support level, you can increase your position.Those who have not entered the market yet should pay attention to the resistance level of 4300

As I said in my previous article, the momentum of gold bulls has been weakened to a certain extent. Now, with every step up in gold prices, the possibility of a collapse increases. The current emotional value is driving gold prices up. We can clearly see today that after breaking through 4200, the momentum of gold has weakened significantly. We clearly saw today that after breaking through 4200, gold's momentum has weakened significantly. We shorted gold at 4199 and 4216, and have both taken profits at 4180. We will monitor the resistance levels of 4218-4223 tonight and take action when the time is right. For specific trading decisions, please follow my real-time updates. I post my trading ideas and strategies daily. If you lack a plan or clear direction for gold trading and struggle to achieve consistent, stable profits, you can refer to and follow my updates as a reference and guide to help you avoid mistakes.Gold can be shorted lightly near 4185We shorted gold at 4185, 4194, and 4206. As I've previously mentioned, gold's bullish momentum is lacking. Just now, gold has fallen below 4180. VIPs who followed my signals have all made good profits. Although the trading process was tortuous, it ultimately met our expectations and ensured a solid profit.

Yesterday, gold opened with a volatile pullback, found support at the 4,106 level, and then staged a sharp rally. It hit an intraday high near 4,179 before crashing sharply to 4,090, subjecting both bulls and bears to intense market volatility. Especially for the bulls: after a sustained rally, market sentiment was overwhelmingly bullish—many bet on gold surging to 4,200, and some even chased the highs. However, after oscillating near 4,178, gold collapsed suddenly, breaking below the 4,100 level. This undoubtedly dealt a heavy blow to market buyers. Critically, gold rebounded but then fell again to 4,090, shifting market sentiment—only to rebound once more to the 4,140 zone, where it paused and entered a consolidation phase. For us, who reaped substantial profits from short positions yesterday, I had long been leaning toward a gold collapse. Here’s why: gold soared over 200 points in just three days, from 3,946 last Friday to 4,179. While market news contributed to this rally, its impact was not absolute—all news has limited influence unless it continues to escalate. In reality, no such sustained escalation occurred. Additionally, although the U.S. government shutdown persists, its impact has weakened due to frequent past occurrences. Moreover, despite gold’s strong upward move, its rally lacked stability—a trend evident in the price action. There’s no such thing as an endless rally; the market was merely waiting for an opportunity or excuse to trigger a sell-off. This is why I emphasized the need to guard against a bearish collapse yesterday. It’s undeniable that the bulls still have momentum for further gains—especially since gold tested the 4,090 level twice yesterday without breaking below it, indicating lingering bullish strength. However, Powell’s speech last night offered little actionable insight, as he did not explicitly mention whether a rate cut would be implemented in October. This has left the market struggling to form a clear forecast. Regarding rate cuts: the U.S. government shutdown has caused a lack of economic data, leaving the Fed without sufficient references to make decisions—which could even hinder the progress of rate cuts. Additionally, tariff tensions have reignited. Even though U.S. inflationary pressures have eased somewhat, renewed tariffs could reignite inflation—a factor the Fed must consider. While there are strong calls for rate cuts within the Fed, and the U.S. labor market faces significant downside risks (which supports rate cuts to some extent), the future remains uncertain. As a result, the market has grown skeptical about rate cuts, and this skepticism will likely weaken the bullish momentum for gold to some degree. Yesterday, we entered three short positions and one long position. The only losing trade was a short position entered at 4,147 last night. Overall, profits were quite substantial. Today, we will consider shorting gold around the 4,200 level; if 4,200 is broken, we will adjust our strategy accordingly. For specific trading decisions, please follow my real-time updates. I post my trading ideas and strategies daily. If you lack a plan or clear direction for gold trading and struggle to achieve consistent, stable profits, you can refer to and follow my updates as a reference and guide to help you avoid mistakes.It is not difficult to see from yesterday's market that as long as the operation is proper, there is a chance to make a profit whether going long or short.The technical indicators of gold have failed. This kind of rising pattern has never appeared in history. It is more driven by consensus and emotions. Every step gold rises now increases the risk of collapse. Follow the previous ideas and short with a light position.