Many wonder what I u...来自freewilly

21 Dec 2019, 13:52 · 阅读量 1,932

Many wonder what I use to analyse Gold. In my own humble opinion, Gold mostly driven by fundamental issues, eg. trade war, yield curve, global risk outlook, rather than technical analysis. #XAU/USD# #gold# #Todayanalysis#

风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。

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freewilly

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I’m a true swing trader and like to sit and watch my trade runs. I trade since 2003.

XAU/USD

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From FollowMe report, a lot of buying interest for Gold that built up. 1566 area buy stop and then 1580 and up. Few sellers line up. Hope to see Gold to advance. #Todayanalysis# #gold# #XAU/USD#

freewilly

#TradeComment# China Trade Balance registered at 330B, above expectations 315B in December. Imports and Exports jump sharply in December. China Exports YoY came in at 9%, above forecast 2.8% in December. According to China Customs Vice Minister, China's trade growth will remain steady in 2020.#Todayanalysis# #US-ChinaTariffs#

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Ups and Downs

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News just came in: "Iran does not seek escalation or war", another news: "President Trump will make statement tomorrow (Wednesday) morning on Iran" and "Adviser to Iran's Pres. Rouhani warns any US retaliation will lead to regional war" What does it mean for #gold# #XAU/USD# ? War will definitely raise the gold price even more. But, looking at how Trump react (which for me is unusual), it seems there is discussion in WH perhaps concerning to halt war. My suggestion, take profit for your long gold positions. Sell if you want to take a bit of risk as there's probability of no war will happen. Personally, I wish there will be peace and no war. :) Cheers! #Todayanalysis#

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My prediction this week turns out to be the other way around. Despite the trade optimism and the risk-on environment, #gold# #XAU/USD# still trade higher and higher. Right now upside is capped at 1560 and traders are cautious to breach this level. On the downside, 1548 seems to offer strong support. I need to cut and reverse my position if gold managed to break through 1560. #TradeComment#

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