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The Asian盘 gold continues the bullish trend and rises accordingly, reaching a daily high of 4342, precisely hitting the preset target range, with a maximum gain of 31 points space #美国非农数据超预期
Yesterday, gold relied on the 4285 line for a low long strategy layout, and after the non-farm data was released, the price surged to the target range of 4330. The long position was successfully closed, and then the market began to retrace and adjust.
On the daily level, the gold price continues to show a high volatility pattern, with the operating range compressed to 4270-4350. Currently, the K-line is stable above the short-term moving averages, and the pullback strength and continuity are relatively limited. We need to be wary of a slight breakdown at the daily level, after which the market may start a sustained upward trend.
On the 4-hour level, the price is operating within a converging triangle range, and the range pattern continues to narrow. The short-term moving averages are gradually turning upwards, and the short-term market shows a relatively strong volatility pattern. On the small cycle level, the K-line relies on the short-term moving averages to oscillate upwards, and it is important to pay attention to the rhythm of market adjustment and repair in the short term.
Operational suggestion: It is recommended to layout long positions in the 4295-4300 range, with a stop loss at 4285 and a target looking at the 4330-4350 range, #美国非农数据超预期 #黄金
Today's gold market accurately fulfilled! 4285 low position decisively arranged for the gold option, smoothly reaching the preset target of 4330, securing a steady 45-point gain, cashing out 25,000 USD #美联储降息 #黄金
This month's non-farm data will be released at 21:30, and the market is likely to experience significant short-term fluctuations, with increased variables in both long and short positions. It is essential to strictly adhere to profit-taking and stop-loss disciplines, manage position risks carefully, and guard against unnecessary capital losses due to market volatility.
From a technical perspective, the gold price is currently at the mid-range of a recent consolidation zone, with the Bollinger Bands narrowing and flattening. The MACD indicator remains close to the zero axis, indicating a stalemate. The key range for market movement has been clarified by the short-term support and resistance levels; from the information side, the market expects a slight decrease in new employment numbers compared to the previous value, while the unemployment rate may remain low. The strength of the employment data will directly influence market sentiment, and under the resonance of the two, the volatility of the market this evening may further increase. In terms of operations, a long position can be attempted upon the first touch of the double bottom area between 4255-4260. If weakness persists, wait for a pullback to confirm support. The upper level of 4300 serves as a secondary pressure point for the day, with the overall strategy focused on shorting rebounds, while buying on dips is a secondary approach. Short-term resistance is noted at 4320-4330, with key support at 4260-4250 #美联储降息
#黄金 #美联储降息 Tonight, the non-farm payroll data is coming in hot. Gold needs to strengthen its risk defense line and strictly adhere to risk control rules. Before the data is released: the trend is mainly oscillating with a slight bullish bias.
1. Expectations: This non-farm core indicator presents a combination of 'employment weakness + wage stickiness'—the expected non-farm employment population for November is only 50,000 (on the low side), the unemployment rate is expected to be 4.4% (at a relatively high level), while the year-on-year/month-on-month average hourly wage is expected to be 3.6% and 0.3% respectively (wages still show stickiness). This combination will lead the market to bet on the Federal Reserve's easing expectations in advance, providing support for gold. 2. Technical linkage: If gold has not previously broken key support (such as the 4260 you mentioned), the market will rely on support to maintain a low bullish mindset, testing resistance levels like 4300 and 4320 upwards, with a high probability of oscillating with a slight bullish trend before the data is released.
After the data is released: two-way fluctuations, observing the deviation between actual values and expectations.
1. If the data falls short of expectations (bullish for gold) - Non-farm employment population < 50,000, unemployment rate > 4.4%: Indicates a weakening U.S. labor market, rising expectations for Federal Reserve rate cuts, gold will quickly break through 4300 and 4320, and may even further test higher resistance. - Wage data below expectations (year-on-year < 3.6% / month-on-month < 0.3%): Easing inflation pressures will also strengthen easing expectations, boosting gold prices. 2. If the data exceeds expectations (bearish for gold) - Non-farm employment population > 50,000, unemployment rate < 4.4%: The resilience of the labor market exceeds expectations, cooling expectations for Federal Reserve rate cuts, gold will break below the 4260 support level, testing support levels like 4240 and 4220 downwards. - Wage data above expectations: Concerns about inflation stickiness will further suppress gold's trend. 3. If the data meets expectations: Gold is likely to maintain the original oscillating range (4260-4320), with a narrowing volatility range, waiting for subsequent signals from other fundamentals.
Under the turbulent market fluctuations, some positions have reluctantly exited. The trend remains unchanged, as long as the 4260 mark is not lost, maintaining a firm low-long strategy, with a target looking at 4300-4320
The night’s non-farm data is coming with great impact, waiting for the explosive battle between bulls and bears! #美联储降息
#巨鲸动向 #美联储降息 Yesterday, gold slowly rose after the opening, continuing the upward trend during the European session, reaching a peak near 4350, then faced pressure and fell back. During the American session, it accelerated downward, hitting a low near 4285 in the early morning, rebounding to around 4318 near the close but faced resistance, ultimately oscillating around the 4300 region with a small bullish candle with a long upper shadow on the daily chart.
Gold showed a pattern of rising and then falling on Monday, with the daily chart recording a small bullish candle with a long upper shadow. Looking back at last Friday's trend, gold prices similarly fell sharply after rising above 4350. In the short term, both attempts to break through the 4350-4355 range faced strong pressure, highlighting the strong resistance in that area. Today, attention should be focused on the effectiveness of the resistance in that range.
In terms of indicators, the 5-day moving average and the 10-day moving average formed a golden cross and continued to extend upwards, maintaining a bullish arrangement, indicating a medium-term bullish trend. The immediate support to focus on is around the 5-day moving average (currently at the 4280 region), followed by attention on the 4255-4265 range. This area is both a previous high point of consolidation and the low point after last Friday's price rise and fall, so it is necessary to track its support effect after the top and bottom conversion. If this support range is not effectively broken, there is still potential for upward movement; if it breaks down, caution should be exercised regarding the risk of a weakening trend.
Overall, focus on the resistance in the 4350-4365 region for gold, and the support in the 4255-4265 region below. Before breaking through key ranges, treat it with a consolidation mindset, and follow the trend after breaking out.
The daily operation suggestion is to primarily focus on low longs, with participation in long positions when it pulls back near 4285, setting a stop loss at 4275, and targeting 4330-4345.