Violet_Trading_Strategy

Bitcoin is currently in a wide range of consolidation. The key resistance level of 1135,000 is a strong barrier above. Until this level is effectively broken, a clear unilateral trend is unlikely to emerge. However, judging by the short-term trend, the momentum of the pullback has gradually weakened, and the overall upward trend remains unchanged. This short-term volatility is essentially a process of bullish accumulation. Once the range of fluctuations converges, upward momentum is expected to accumulate further, and a subsequent rebound is highly anticipated. Multi-period trends confirm that the overall market has yet to show a clear direction and remains primarily range-bound. The daily chart previously broke through the middle band but failed to hold steady, subsequently falling back. While the 4-hour chart also showed a similar rise and fall, the decline did not continue. After reaching support near 1100, a rapid rebound began, indicating decent short-term rebound momentum. If bulls can continue to release buying pressure at the 11100 support level, the market is likely to initiate a significant rebound, breaking the current deadlock in the range. Trading strategy: Buy Bitcoin near 111,100, with a target of around 113,000.

Gold surged to 3675 before quickly falling, reaching a low of 3625. A $50 pullback isn't significant, as the overall bullish trend remains unchanged on the hourly chart. However, this rapid pullback has weakened the strong bullish momentum, indicating a high probability of continued high-level fluctuations. A rapid pullback following a rapid short-term surge is normal. Gold hasn't reached its peak, but this extreme, one-sided rally is expected to be coming to an end. Therefore, short-term upside potential is limited, and the current one-sided rally from 3310 is nearing its end! If you open a long position today, avoid blindly chasing the trend and patiently wait for a suitable pullback. If gold continues to form a minor bottom above 3610 or the current 3620 area, you can still open a long position, but only for a short-term, quick entry and exit strategy. In terms of both the cycle and the scope, gold is expected to experience a significant downward correction in the second half of this week. The precise timing of this decline will depend on the market structure and its timing. In short, the current one-sided rally is nearing its end, and will subsequently peak and decline. If the Fed's rate cut next week further boosts the market, gold will experience a second wave of gains, potentially even larger than this one. This is the general trend of gold's recent performance, so just keep it in mind! The period from now to next week is a critical short-term window for gold. I will closely track and analyze the market every day. If you lose your direction in such a market, you can follow me or leave me a message. Gold Strategy For today's short-term outlook, if the price stabilizes around 3620, you can still open a short-term long position with a stop-loss at 3600. If it falls below 3600, then a breakout would signal a short-term market correction.

Gold Analysis Gold prices continue to rise, setting new all-time highs. Since breaking through 3,600 points, they have surged relentlessly, seemingly without resistance. Market trading enthusiasm is high, and the rally is so strong and fierce that gold prices will continue to break through 3,700 points. The break above $3,600 marks the beginning of an upward trend. Every short-term pullback is viewed as a buying opportunity, and optimism is driving a continuous influx of funds. Furthermore, investors have shifted their focus: from short-term safe-haven assets to long-term "strategic asset allocations," hedging against uncertainties such as currency devaluation and economic fluctuations. In short, the gold price breaking through $3,600 is the result of a combination of factors, including expectations of interest rate cuts, a weakening US dollar, and increased central bank holdings. This "gold bull market" is not over yet, and investors should seize short-term pullback opportunities. If the pullback is minor, adopt a small, phased buying strategy, using a right-side trading strategy to counter the current extreme trend. This way, investors won't miss out on the market and can reap significant profits. Trading Strategy Gold's 1-hour moving average is still forming a golden cross and diverging upwards. Gold bulls remain strong, so if gold falls back, continue to go long. If gold holds today's low of 3628, continue to buy on dips. Consider opening a long position at 3638, with a stop loss at 3625 and a target of 3670-3680.

Behind the gold price surge above $3,600: The Federal Reserve's interest rate cut ignited the spark, and this bull market has only just begun. Gold prices surged like a wild horse at the opening bell on Monday, breaking through the $3,600 per ounce mark in one fell swoop! This is a crucial psychological barrier, and many had been watching this figure, only to realize it would so easily and decisively break through. It ultimately reached a new all-time high of $3,646.23 and then stabilized at $3,635.58 at the close, a daily gain of approximately 1.35%. Gold is currently fluctuating at a high level, currently fluctuating around $3,638 per ounce. Regardless, the break above $3,600 has transformed the market sentiment: while some previously wondered if the price would stop rising, many are now saying, "This is just the beginning." Gold's breakthrough of $3,600 isn't simply a simple surge; it represents the opening of a new upward trend. Gold's current upward momentum is likely to continue, and it's likely to reach the $3,700-$3,730 range. A brief pullback in gold prices isn't a risk at all, but rather a good buying opportunity. Market sentiment is optimistic right now. More and more people believe that "gold will continue to rise." Once this expectation forms, it becomes self-fulfilling: everyone buys, and gold prices are naturally pushed upward. Even if there are occasional dips, some people rush in to buy, preventing the decline from being too deep. Over 65% increase in two years! Gold has long ceased to be a "safe haven" and has become a "strategic investment." Gold has already risen 38% so far this year, and last year's surge was even stronger, with a 27% increase. The combined increase over the past two years exceeds 65%, and it continues to set new historical highs. This continuous and substantial upward trend is obvious to anyone with a discerning eye. Gold has entered a new "price discovery phase." Simply put, previously, people thought gold was worth only around 3,200 or 3,000 yuan. Now, with various factors changing, people are reconsidering "how much gold should actually be worth," and the price has naturally been rising. More importantly, investors' perceptions of gold have also changed. Previously, when people mentioned buying gold, their first reaction was to "hedge risks"—for example, when geopolitical tensions or stock market declines arose, they would consider buying some gold to hedge against risk. But now, things are different. More and more investors are viewing gold as a "strategic allocation." Regardless of short-term market conditions, they maintain a portion of their assets in gold to hedge against currency devaluation and various global uncertainties. Currently, many currencies are fluctuating. While the US dollar remains the dominant currency, it's not always stable. Coupled with the uneven pace of the global economic recovery and the potential for various black swan events, gold, as a hard currency, has naturally become a source of reassurance. The most direct driver of this surge in gold prices is undoubtedly the market's strong expectations of a shift in Federal Reserve monetary policy, fueled by last Friday's US jobs data. Just how dismal was that data? The US added only 22,000 jobs in August, compared to the market's previous expectation of 75,000—more than three times the difference! Even more surprising, the June jobs data was revised downward, from a positive growth figure to a decrease of 13,000. The market went ballistic upon the release of this data—previously, people were speculating on whether the Fed would cut interest rates, but now they're calculating by how much. The Fed's interest rate policy has a significant impact on gold. With market expectations of a rate cut, funds are naturally pouring into the gold market, making it difficult for gold prices to avoid rising. Many are now asking, "Gold has already risen so much, has it peaked?" But judging by the current situation, this "gold bull market" appears to have only just begun. First, expectations of a Fed rate cut are still building. The September Federal Reserve meeting hasn't even taken place yet. If there's a real rate cut, or even a larger-than-expected one, gold will likely continue to rally. Even if there isn't one, as long as employment and economic data continue to weaken, expectations of a rate cut persist, and gold's support will remain. Secondly, global uncertainty persists. Whether it's geopolitical issues or the uneven economic recovery, these factors will make investors more value gold's safe-haven and value-preserving properties, and demand won't decline easily. Furthermore, market sentiment has rallied. Not only are ordinary investors buying gold, but many institutions are also increasing their holdings. While this "consensus expectation" isn't permanent, it's unlikely to reverse in the short term. Of course, this doesn't mean gold will continue to rise without a pullback. Short-term pullbacks are normal. The key is whether to enter the market during a pullback. For those interested in allocating funds to gold, a pullback can be a rare opportunity. However, those seeking short-term speculation should exercise caution. After all, rapid gains can also lead to sharp pullbacks. To conclude: Gold's breakout above $3,600 isn't accidental; it's the result of a combination of interest rate cut expectations, a falling dollar, lower Treasury yields, and increased central bank holdings. Technical indicators have opened up upside potential, and market sentiment is optimistic. Gold has transitioned from a "temporary safe-haven" to a "long-term strategic investment." Next, we must closely monitor the outcome of the September Federal Reserve meeting, as well as subsequent employment and inflation data, which will influence gold's trajectory. Regardless, this bull market in gold is clearly not over yet. Short-Term Strategy If the market pulls back to the 3,600-3,620 range tonight, continue to open long positions.

Bitcoin's upward momentum has finally begun to accelerate. The predicted level of 112,500 I suggested over the weekend has been successfully reached today. You can refer to my article from yesterday for verification. I've repeatedly warned of a Bitcoin rebound, as this rally's starting point is around 107,200, a key support level and the starting point of the previous rally. This is a double bottom pattern on the daily K-line chart, which is a major reason for my strong optimism about a Bitcoin rebound. The next target is around 113,500. Bitcoin Strategy Continue to enter long positions on pullbacks between 112,200 and 111,880, with a target of 113,400. My views are clear and unequivocal. All my opinions clearly state the reference direction and precise trading points. Thank you for your attention and support.

Gold's current trend is very clear: a strong, one-sided bull market. As long as you don't go against the trend when trading, there's no problem; you can profit by opening any long position. I haven't issued any short position recommendations recently; I've only opened long positions following the trend. I think the strategy I've been repeating is straightforward: open any long position below 3400 points, and I've been bullish on gold every day. You can verify this by looking through my historical articles. It's easy to draw a crucial conclusion: following the trend is paramount in trading. Gold Strategy A few hours ago, I suggested opening a long position in the 3580-3585 area. The price has successfully reached my expected level of around 3620. While there's been some volatility and a pullback, there's no resistance above. Any news headlines will likely prompt further gains. This is a typical short squeeze. The more you hope for a pullback, the less likely it will occur. The price will continue to rise, exceeding your expectations. Therefore, in this extremely strong market, I've been specifically reminding everyone in recent days: You can open positions in batches, opening multiple long positions during pullbacks to avoid missing out on the market. If you wait for a favorable pullback, the market generally won't offer you that opportunity. Pullbacks are rare in a bull market. Therefore, this approach is crucial, especially during the current extreme trend. If you're feeling lost in this market, please follow my posts for insights. I'll update daily. Thank you for your support. If the market pulls back to the 3608 to 3600 range, you can open long positions. The target is 3620, and a breakout could lead to higher prices.The price of gold rose again to a new historical high, the target of 3620 has been broken, and long positions continue to make profits.

Gold bulls are currently unstoppable. In the short term, every pullback presents an opportunity to open a long position. Since gold is in a bull market, the strategy must be to follow the bullish trend and go long. Gold's 1-hour moving average continues to form a golden cross and diverge upward, with support moving up to around 3560. 3560 is also a short-term turning point for gold bulls and bears. This level is crucial and will be the primary location for establishing long positions tonight. Gold is currently in a typical bullish trend, having broken through to new highs after periods of volatility driven by the non-farm payroll data. As long as gold avoids a single-day plunge and remains stable above 3560, the chances of a breakout above 3600 are very high. Given this unilateral strength, the gold bull market should be maintained to the end. Strategy If gold retreats to the support levels of 3575 and 3560, continue to open long positions. Targets are 3600 and 3620.For the aggressive ones, long positions can be opened in advance in the 3580 to 3585 area.Gold broke through 3600 as expected, waiting to rise to 3620

Bitcoin Analysis The weekend market saw minimal volatility, hovering between 110,000 and 111,500 points. Since the sharp drop on August 29th, the market has stabilized, with support around 107,200 holding firm. This is because it marked the lowest point of the sideways movement from July 4th to 8th. This level is a proven support point and served as the starting point for the previous rally to a high of 123,200. The recent rebound was driven by buying at this support level. In the short term, we should continue to look for a rebound based on this level. As long as the previous double bottom remains intact, the market will continue its upward trend. I am optimistic about a continued Bitcoin rebound. Strategy Recently, we have maintained a bullish stance. Long positions can be opened freely below 110,000. Yesterday's recommended entry point was 110,570. While the current rebound hasn't been significant, profits have already been realized. If the price falls back to the 110500 to 110800 area today, you can continue to open long positions, with the target at 112500 or even 113500.

Bitcoin began rebounding after confirming support near 107,200 on August 29th and 30th. After several days of volatile gains, it has now stabilized above 110,000. Resistance at 113,500, the highest point on August 28th, saw further declines yesterday. Short-term double top pressure exists, but as long as it stabilizes at 110,000, bullish momentum persists. Looking at the 4-hour chart, the current upward trend remains intact. In terms of short-term trends, I personally believe Bitcoin will continue to rebound, at least breaking through 113,500. Of course, this level is unlikely due to the relatively quiet weekend trading. A breakout is possible next week. Let's wait and see. Bitcoin Strategy For Bitcoin: Previously, below 110,000, there were consistent signals for opening long positions to ambush bullish sentiment. Any price below this level presents a good opportunity to open long positions. The market has rebounded to the resistance level, but I think it will continue to rebound after a slight correction. If the price pulls back to 110500, 110000, or 109500, you can consider opening a long position. The target is 112700.

The highly anticipated non-farm payroll data has been released. The employment figures significantly fell short of market expectations, further reinforcing expectations of a Federal Reserve rate cut and leading to market bets on a series of rate cuts. Spot gold prices surged in response to the data, reaching a new all-time high of 3,586. The market is strengthening further, and the current trend is extremely strong. In this market, there's no need for overthinking. Strategically, you should simply follow the trend and open long positions based on previous support levels. As long as you avoid blindly opening short positions against the trend, there's no problem. Many people, seeing such a large rally, bet on a pullback. This is completely unnecessary, as a strong market won't allow much room for a pullback. It will likely fluctuate sideways and not necessarily experience a decline. It's more likely to take a breath, then continue to rise, and then continue to rise again. Therefore, as long as you follow the trend, opening long positions is fine. Gold Strategy If you're unsure about pullbacks, follow my instructions. First, divide your position into multiple smaller positions and open buy orders multiple times. Buy near each support level. This way, you can avoid a significant portion of the risk and avoid missing out on market trends. Support points: 3576, 3560, 3554, 3545