Market-King1

Market-King1 Updated 

After gold set a new all-time high of 2222 last Thursday, it reversed and fell. This wave of excellent top opportunities, we predicted in advance and perfectly executed the big top short order of 2205-2210. Last Friday, the short order at 2185 and the short order at 2178 both participated in a sharp drop and took profit at 2160. The current gold structure is a...

Market-King1 Updated 

The market is changing rapidly. Plan your trade and trade your plan. When the market rises, chase the longs, and when the market falls, chase the shorts. It also does not mean that when the market falls, it will be long, and when it rises, it will be short. Analyze specific issues in detail and understand what is behind the market. The logic behind the rise is...

Market-King1 Updated 

In today's short-term operation of gold, it is recommended to focus on short-selling on rebounds, supplemented by long-selling on callbacks. The upper short-term focus is on the 2178-2180 first-line resistance, and the lower short-term focus is on the 2110-2108 first-line support. All friends must keep up with the rhythm. It is necessary to control positions and...

Market-King1 Updated 

After opening in the morning of the golden day, the price quickly reversed again around 2178 and then stopped. However, under the previous day's decline, the early morning countertrend generally has poor continuity, and the end of last week also ended with a negative line for shorts. So the morning upward move is likely to be another washout by the bears, and the...

Market-King1 Updated 

On Wednesday (April 10), the latest data showed that a measure of U.S. underlying inflation exceeded expectations for a third consecutive month, indicating that continued price pressures may delay the Federal Reserve's interest rate cuts until later this year. The U.S. non-seasonally adjusted CPI annual rate in March recorded 3.5%, higher than the expected 3.4%...

Market-King1 Updated 

Concerns caused by the Russia-Ukraine conflict and the situation in the Middle East have subsided slightly, while hawkish speeches by Federal Reserve officials have slightly dampened expectations for an interest rate cut by the Federal Reserve in June, causing gold bulls to retreat. Regarding last week's rally, Phillip Streible, chief market strategist at Blue...

Market-King1 Updated 

Recently, many investment friends have come to me and asked me how to analyze and read the market, or they have placed orders in the hope of getting my help. I have also helped many investment friends. I personally believe that investment friends should improve their own abilities during the investment process, use their own technical knowledge to analyze and...

Market-King1 Updated 

In early trading in the European market on Tuesday (April 9), the U.S. dollar index was basically stable, currently around 104.20; spot gold rose rapidly in the short term, with the gold price currently around $2,359 per ounce, rising by more than $20 during the day. It implies that market sentiment is bullish. The upcoming release of U.S. Consumer Price Index...

Market-King1 Updated 

Gold has encountered non-agricultural data again. Will the market change today? Gold has been rising recently, and the bulls have been overcoming obstacles all the way. It is unstoppable and has exceeded 2300. Can gold go higher? Can the non-agricultural sector see a change? ​ ​ Gold rose again last night and fell back. It failed to stand above 2300 twice....

Market-King1 Updated 

The current price of gold on 3.27 is 2195, which is directly short! No need to say more, come and eat meat with me! “Control risks and make perfect transactions!” Gold has surged higher and fallen back several times. In the short term, short sellers have the upper hand. If gold rebounds today, it will be short. The current price of gold is 2195, which is directly...

Market-King1 Updated 

Gold trend analysis 1. Moving average group: After the 1-hour short-term moving average group has experienced contraction-penetration-pullback, the current short-term moving average group and long-term moving average group are diverging upward again, forming a secondary reversal but not a reversal breakthrough. It shows that the downward trend of the short-term...

Market-King1 Updated 

Whether the market is skyrocketing, plummeting, unilateral or volatile, are you always unsure? It is the so-called fall when you buy, cut when it falls, rise when you cut, chase when it rises, chase and set, and cut after one set, it is like a dead set. Funds continue to shrink, and the process continues in a cycle. If you are in such a cycle, please stop and...

Market-King1 Updated 

It is difficult for gold to rise again today, so don’t blindly chase the bullish price. Let’s talk about the results first, short selling near 2197! Recently, after gold hit a new all-time high, it has been in a high-level and wide-range consolidation pattern, and the overall trend is strong. This week, we have made good profits by going long at low levels...

Market-King1 Updated 

Yesterday, the technical side of gold first declined and then rose. The Asian and European market was under pressure at the 2288 mark and quickly fell back. In the afternoon, it retreated further downwards and penetrated the 2270 mark to reach around 2267 and fell into sideways fluctuations. In the evening, the US market was affected by the negative ADP data....

Market-King1 Updated 

From the trend observation, the overall downward trend of gold has not changed at all. The weekly structure closed with a Zhongyang line with a long upper shadow line, with a maximum of 2222 and a minimum of 2146. After the sharp decline, the weak consolidation correction was due to the ambiguous remarks of Fed Powell. . Gold fell into a see-saw oscillation,...

Market-King1 Updated 

Yesterday, on Monday, we believed that U.S. inflation was slowing down, and investors had high expectations for the Federal Reserve to cut interest rates in June, which supported the rise of gold. Therefore, it is recommended that everyone treat it with a shock mentality. The upper pressure will focus on $2,265. Secondly, $2275, support below will focus on $2250,...

Market-King1 Updated 

Yesterday, the gold price surged higher and fell back. After a short-term rise, it fell below the daily opening price. Technically, it can be judged that the gap support in the 2233-2236 area has been released. The short-term downward support of the gold price has gradually weakened, and it is bound to continue to drop during the day. , after five consecutive...

Market-King1 Updated 

Gold was originally bearish, because the rapid retracement from the daily level to 2223 has established the rhythm of a phased top correction. However, we see that this week did not continue the correction, but turned into a shock. If the shock lasts too long, it is not conducive to short sellers, because the early surge has made the bulls very strong. To adjust...