Reliable_Trading

Yesterday, Trump criticized the Federal Reserve three times, pointing the finger at Powell, and demanded that the Federal Reserve should reduce interest rates by 3 percentage points or even more. At the same time, they expressed dissatisfaction with the renovation costs of the Federal Reserve. White House staff also planned to enter the Federal Reserve to conduct an inspection, continuing to increase their dissatisfaction with Powell. Such behavior has occurred many times this year, with the purpose of getting Powell to leave. In the case that the principle of independence adhered to by the Federal Reserve may be broken, the market reacted very quickly. Yesterday, gold rose sharply, breaking through the 3400 integer mark in one fell swoop. The world's largest gold ETF also continued to increase its holdings significantly, providing momentum for gold to rise. Such a reaction in the market is preparing for risk events. Next, the worsening of the tariff war, Powell's departure, the outbreak of geopolitical conflicts and other risk events may further push up the price of gold. As the gold price stabilizes at the 3400 integer mark, 3400 has turned from resistance to support, so we can rely on support to intervene in long positions, provided that the 3400 mark is not broken. Once 3400 is broken, don't do more. ✅The specific operation is as follows: Buy at 3400-3405 TP1:3430 TP2:3450 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇The 3400 integer mark has been broken, and the current price has retreated to the 3385 support level. Pay close attention to the support strength here. Once it stabilizes, it will be a buying opportunity. If it falls below, it will be 3375 or even 3345.

Yesterday I said that as long as gold does not break through the 3400 integer mark, you can boldly short it, and today I still hold the same view. Although the gold price touched the 3400 line yesterday, it did not stand firm and now it is back to around 3385. As long as 3400 is not effectively broken, we can continue to short it based on the upper resistance, because once it pulls back, the amplitude may be large. Compared with the space for continued bullishness, I think the profit of shorting in the short term will be greater. Yesterday I sold at 3386 and 3400 respectively, and I have just closed the position. Once the gold price shows signs of weakness, I will continue to sell 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇After Powell's speech, gold broke through the 3,400 integer mark with great strength. Now that it has stabilized above 3,400, it shows that the price of gold may continue to rise. Next, I will wait for a pullback to 3385 to consider buying

Just now, our long position successfully reached the final target, and the profit margin is very good. Congratulations to my friends who follow me in trading. Gold rebounded strongly after falling back to 3340 today, and the current price is around 3383. From the trend of the 4-hour chart, the 3380-3390 area is close to the top of the range. It is not easy to break through here. My suggestion is not to chase the rise for the time being, as there is not much room above. At the same time, we also noticed that the US dollar index is close to the bottom. Once it stabilizes and rebounds, the corresponding gold will most likely fall as well. I personally think that as long as it does not break through the 3400 integer mark today, you can boldly short it. When it falls, we will look for opportunities to go long on gold. ✅The three positions of 3365/3345/3330 for support below can also be used as short selling targets. 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇

From the 1-hour chart, we can see that the gold price has broken the downward trend line after breaking through 3345 today, and is currently blocked near the previous high of 3355. I personally think that 3355 may play a certain role in the short term, but as long as the gold price falls back and accumulates strength again, it is only a matter of time before it breaks through here. Judging from the 4-hour chart, yesterday's gold price fell back to the low of 3310, which happened to touch the bottom trend line support. The previous two times it touched the bottom support, it returned to the upper range suppression position again. Therefore, this time the rebound after touching the bottom is completely in line with the technical analysis. In addition, the divergence of the Fed's policy expectations and the game of interest rate cuts, the continued fermentation of geopolitical risks, and Trump's tariff policy and trade friction concerns will increase the demand for safe-haven, so there is no reason not to be bullish on gold now. ✅Combined with the previous support, I give the following trading strategy for your reference: Be conservative and wait for the gold price to fall back to 3340-3345 area to buy Be aggressive and enter the market directly. If the entry gold price really falls back to 3340-3345, increase the position to lower the average price. The target position is 3365 first, then 3375 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇

Yesterday was a crazy day. First, the White House confirmed that Trump was going to fire Powell, which led to a surge in gold prices and a sharp drop in the US dollar. It also caused our long positions bought at low levels to reach TP1 and TP2, making a lot of money. Then Trump came out to clarify that there was no plan to fire Powell. Affected by this, market sentiment was driven in turn, triggering violent fluctuations in the trends of various trading categories. It is precisely because such things that are not kept to one's words have occurred many times that I remind everyone not to continue chasing the rise before the event is implemented, because it is difficult to say that there will be no reversal news next, and it is actually as I said. Then gold fell rapidly. After retreating to 3340, it once returned to 3357 and finally closed at 3347. After the opening of the Asian session today, the decline of gold continued, and now it has returned to the 3320-3328 range where we entered yesterday. I will not go long here today, and the current trend is not clear. The most critical point now is 3320. If it falls below, the decline will continue. It is possible that it will fall to 3330 or 3280. If there is a chance to rebound to 3345 today, I will consider selling at a high level. The strategy is as follows: ✅Sell at 3345 TP1:3320 TP2:3330 TP3:3280 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇Successfully arrived at TP1:3365

As the White House confirmed that Trump was going to fire Powell, gold surged from 3320 in the short term, and now has reached 3377, an increase of 57$. Our strategy of buying in the 3320-3328 area today also benefited from this and made considerable profits. At present, it seems that the technical analysis has temporarily lost its meaning, because the impact of risk events is far greater than the technical aspects. Now I think it is impossible to continue to chase the rise, at least before the event is implemented today, because it is difficult to say that there will be no more news next, and I am not willing to take a risk. I have made a lot of money today and I have to know how to be satisfied. Unless the gold price falls back to the 3340-3350 area again, we can consider entering the market again, otherwise we will wait and see.

As expected, the gold price encountered resistance and pulled back at 3340-3345. Our decision to close the position in advance and lock in profits was very correct. Now the gold price has pulled back to around 3330, and it is very close to the support of 3328. Judging from the trend of gold prices, today's key support is at 0.5 of the Fibonacci retracement level, which is 3328, followed by yesterday's low of 3320. In other words, the 3320-3328 range would be a relatively ideal buying position. If the decline can be maintained here, the gold price will rebound again. On the contrary, if it falls below here, it is possible to continue to test a deeper bottom, perhaps 3300, or perhaps 3280. The upper resistance is mainly concentrated in 3340-3350. Only after breaking through 3350, the bullish force will be fully erupted. ✅Therefore, the trading strategy is as follows: Buy at 3320-3328 TP1:3340 TP2:3350 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇The strategy is very correct. After the gold price hit 3320, it rebounded violently and successfully hit TP1:3340. Our long orders made another profit and ushered in 3 consecutive wins this week.The gold rebound is still continuing and has now reached the final target TP2:3350. Congratulations again to everyone, we have won a big victory today. In the article, I said that if the gold price can break through and stabilize at 3350, the bulls will usher in an outbreak, so everyone can pay close attention to the gains and losses of 3350. Once it really stabilizes at 3350, we can look for opportunities to continue to go long on gold.

As the CPI data was released at 2.7%, which was in line with market expectations and the highest since February, it means that inflation will intensify and the probability of interest rate cuts will decrease, causing gold to fall rapidly in a short period of time. From the trend point of view, the gold price fell below the support of 3340 and fluctuated around 3328. From the Fibonacci retracement of the 3283-3374 upward trend, the 0.5 position is just around 3328. If 3328 can be held, it is possible to test the previous high of 3375 again, or even break through. I said before that the impact of CPI data is only temporary, and the decline will provide a lower buying position. Now that the impact of the data has been digested and stabilized, it will continue to rise next. ✅The trading strategy is as follows: Buy at 3328 TP1: 3345 TP2: 3364 TP3: 3375 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇The gold price rose as expected near 3328, and now the price is fluctuating at the suppression position of 3340-3345. I think it is time to close the position and lock in profits. The 3340-3345 area is still relatively important at present. As long as it can stand firm here, I think gold will really rise in the future, but it does not rule out the possibility of falling again after failing to break through. Therefore, it would be a good choice to stop profit in advance. When the market signals become clearer, we will re-enter the market.

From the new tariff policy after the suspension period last week, to Trump's explicit request for Powell to cut interest rates, to the latest statement on the situation between Russia and Ukraine, every one of them is a risk event. The reason why the market trend has not exploded is not because it does not want to explode, but because it needs to accumulate strength to show a stronger explosion. For the trading market, the best strategy at this time is to wait patiently. The US June CPI data will be released later. The published value of the data will affect the probability of the Fed's interest rate cut, so it needs to be closely watched. From the trend of gold, as time goes by, the pressure is gradually moving up. Now 3365-3375 is a more important suppression range. As long as it breaks through here, the gold price will most likely test the 3400 integer mark, and we still need to pay attention to the support below 3340-3345. ✅Today's trading strategy is to wait for the CPI data to be released. If the gold price cannot fall below 3340-3345, look for opportunities to continue buying. If it falls below, make other plans. 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇

As Trump once again imposed tariffs on foreign countries, trade uncertainty intensified, prompting safe-haven buying in the gold market. Another more unexpected and significant event than the impact of tariffs is the market rumor that the chairman of the Federal Reserve will resign. Once Powell is forced to leave, the independence of the Federal Reserve will be eroded, which is likely to trigger a risk of a large sell-off of the US dollar and US bonds. (You can find out the details by yourself) And these risk events are important factors supporting the rise in gold prices. As for the future trend of gold prices, I am personally firmly bullish, but I will not chase the rise, because the area around 3370 is already a pressure level and it is very likely to pull back here. The support below is in the 3340-3345 area. It is better to be more cautious and keep the idea of buying on dips. ✅The specific operation is as follows: 3340-3345 Buy TP1: 3365-3370 TP2: 3400 You can adjust your trading strategy according to market dynamics 📣More detailed real-time trading strategies will be released on my channel. 🟢Go get it now! 👇👇👇As expected, gold encountered resistance near 3370 and pulled back. The current price is near 3352. Our idea of not chasing the rise is very correct. Next, we are ready to buy on dips. Pay attention to whether there is strong support in the 3345-3340 area. If it does not fall below, we will look for opportunities to intervene.The strategy of buying in the 3340-3345 area is very correct. The gold price trend is running completely according to the predetermined line and has reached the target position of 3365. Currently, it is facing a suppression level. Don't chase too much for the time being. I will give the latest trading strategy for your reference later!