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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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Capital Finance International Magazine (CFI.co)颁赠
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2017年伦敦财富管理奖
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CFI.co于2022年颁赠
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CFI.co于2022年颁赠
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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CFI.co于2021年颁赠
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CFI.co于2021年颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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World Finance 2021颁发
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World Finance 2021颁发
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Global Forex Awards颁赠
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2013最佳创新外汇平台奖
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2020年 Cyprus HR Awards 颁赠
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Finance Magnates 颁发
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荣获2023年City of London Wealth Management Awards
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荣获2022年City of London Wealth Management Awards
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CFI.co于2022年颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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【XM Group】--Gold Forecast: Gold Bounces on Monday Morning
Risk Warning:
The purpose of information release is to warn investors of risks and does not constitute any investment advice. The relevant data and information are from third parties and are for reference only. Investors are requested to verify before use and assume all risks.
Hello everyone, today XM Forex will bring you "【XM Group】--Gold Forecast: Gold Bounces on Monday Morning". I hope it will be helpful to you! The original content is as follows:
- During the trading session on Monday, we saw the gold market rally quite a bit, which of course is a very bullish sign, as we had seen such destruction on Friday.
- Ultimately, we are still very much in an uptrend, and the $2900 level seems to be an area of contention.
- At this point in time, I think it is probably only a matter of time before we have to enter some type of consolidation in order to absorb some of the upward pressure that has been such a major factor here.
The trend has been very strong for a while, mainly due to the fact that there are a lot of people out there worried about the idea of tariffs slowing down global trade, so a lot of people have been using gold as a way to protect their wealth. Furthermore, debt is out of control in multiple countries around the world, and therefore it makes a certain amount of sense that a lot of people would look to gold for “real money” to protect their trading accounts.
Finding Value
I think at this point it is pretty obvious that the best way to trade the gold market is to look for dips that offer a bit of value in what has been a very strong move to the upside. Ultimately, I think that the $2800 level underneath is going to continue to be very important, as there is a lot of “market memory there”, suggesting that what was once resistance should end up being support. Furthermore, the market will more likely than not pay close attention to the 50 Day EMA which is approaching that area as well and of course could offer a bit of technical support.
At this point, I just don’t sxmaccount.comee any reason in trying to trade gold to the downside, as it has been explosive. However, it would not surprise me at all for the market to form some type of consolidation area in this general vicinity. I prefer to buy the dips, and trade this from one direction.
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