SunnyOk

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I don’t take heavy positions, and my profits are still OK. Definitely don’t take heavy positions. Wishing everyone smooth trading—may wrongly opened positions not trap you, and may the teacher’s trades hit take-profit. Good night. $XAUUSD
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Don’t let the 4-hour range continue to narrow; within the range, sell high and buy low—it’s a market for picking up easy money. If you take the wrong direction on a range breakout, cut your losses decisively. Don’t hold losing positions; there have also been many macro narratives lately, so beware of extreme market conditions. $XAUUSD
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The US Dollar Index is still in an upward channel, with no indication of breaking below it for now. This pullback in crude oil is far less severe than the one in June. Gold is still facing short-term pressure. In addition, I have updated the Fibonacci levels. The levels in my chart combine a larger timeframe with a smaller one. If today’s close fails to reclaim the 37–40 range, further downside will still be needed today. At present, both the daily and 4-hour charts are converging. Whether moving up or down, we cannot see much more room, and a trend-shifting point may be approaching, perhaps a
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FeaturedGold has fallen below 40, meeting short-term expectations.
Next, we need to observe the market first and see the U.S. session’s stance. Wishing everyone smooth trading, and may Dandan take profit. Hahahahaha.
If anything happens tomorrow, I’ll post an update. Check it promptly.$XAUUSD
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SunnyOk
From the hourly candlestick chart, the U.S. Dollar Index is flattening out, while gold appears to be turning downward. Gold has clearly lost last week’s buying support today. Last week, when the U.S. Dollar Index hit the upper band on the hourly chart, gold was at 4340, whereas today, with the U.S. Dollar Index at the middle Bollinger Band, gold is already close to 4340. Therefore, the support around 40 could be broken in the short term. We need to see whether the U.S. Dollar Index moves above the upper Bollinger Band before considering entering small trend-long positions. Those who opened short positions should also consider reducing their positions somewhat at the current level around 40. For now, treat the market as moving sideways on the hourly U.S. Dollar Index chart. $XAUUSD
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From the hourly candlestick chart, the U.S. Dollar Index is flattening out, while gold appears to be turning downward. Gold has clearly lost last week’s buying support today. Last week, when the U.S. Dollar Index hit the upper band on the hourly chart, gold was at 4340, whereas today, with the U.S. Dollar Index at the middle Bollinger Band, gold is already close to 4340. Therefore, the support around 40 could be broken in the short term. We need to see whether the U.S. Dollar Index moves above the upper Bollinger Band before considering entering small trend-long positions. Those who opened sho
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Today is Saturday, with no trading, so I’d like to share some knowledge about gold. I’ve roughly summarized a few things we need to pay attention to beyond the indicators.
The linkage among gold, the US Dollar Index, and crude oil is as follows:
1. Different asset attributes: The dollar is an interest-bearing asset, while gold and crude oil are non-interest-bearing assets.
2. Normal logic: When the US Dollar Index rises, gold and crude oil fall; conversely, when gold and crude oil rise, the US Dollar Index falls, showing an inverse relationship.
3. Special circumstances: When geopolitics or wa
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The U.S. Dollar Index is surging sharply this evening, putting pressure on gold. Gold long positions should watch out for risks. $XAUUSD
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If gold's hourly chart closes with three bearish candles, short-term long positions should exit first. $XAUUSD
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Let me add one more thing: I also warned two days ago that tech semiconductors were showing signals of bottoming this cycle!!!
SunnyOk
It’s been a long time since I shared some random thoughts, so here are a few. First, after the rate-hike news was announced during the session, the market launched a volume-backed rebound, with morning trading volume down by 50 billion before turning to an increase of 100 billion by late morning; second, technology and semiconductors did not follow the adjustment two days ago at a key level and instead rebounded, indicating that the bottom for this semiconductor move has been reached; third, gold closed above 4283, with support holding effectively, and is expected to fluctuate around 4340, while the daily and weekly trends remain intact; silver closed above 63.4 yesterday and rebounded after today’s pullback, currently retreating within the 63.4–66.1 range. For reference only. Markets carry risks, so exercise caution when entering. $XAUUSD
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All the levels given for gold were reached as expected. We are currently watching whether 4396-4397 can be reclaimed; if so, gold will return to last week’s trading range. Those who entered at the levels I gave over the past two days can continue to wait and see, with 4410-4440 as the levels to watch. In addition, gold buying has been very strong during the Asian session this week, so reduce short positions on gold during the Asian session. I’ll post an update at any key market-turning point. Wishing everyone prosperity! $XAUUSD
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I’m back again!
The U.S. Dollar Index failed to break above 100.4, retraced to the 50% level on the one-hour timeframe at its lowest point, and then continued to rebound. Therefore, as long as it cannot rise above 100.4, the low of its next pullback should be lower than that of this pullback. In other words, as long as it fails to hold above 100.4, the U.S. Dollar Index will move sideways to the downside.
Conversely, gold’s pullback levels will become increasingly higher each time. As long as it fails to hold firmly above 100.4, gold will move in a sideways-to-upward pattern.$XAUUSD Personal
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Gold Fibonacci levels, for reference only; if it breaks above 4382, it will rise strongly. $XAUUSD
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The US Dollar Index has reached the key resistance level of 100.4. After rising and retreating yesterday, gold rebounded. The main focus now is the 100.4 resistance level. Once the US Dollar Index closes above 100.4 on the daily chart, it will indicate that upside room has opened, and gold will continue to fall. If the US Dollar Index fails to close above it, watch whether gold can reclaim the 4283 support level; if it does, gold may also move higher. Geopolitical tensions have not eased, and interest rate hikes do not seem to have curbed oil prices. Oil remains above the 104 support level, so
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It’s been a long time since I shared some random thoughts, so here are a few. First, after the rate-hike news was announced during the session, the market launched a volume-backed rebound, with morning trading volume down by 50 billion before turning to an increase of 100 billion by late morning; second, technology and semiconductors did not follow the adjustment two days ago at a key level and instead rebounded, indicating that the bottom for this semiconductor move has been reached; third, gold closed above 4283, with support holding effectively, and is expected to fluctuate around 4340, whi
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ETH/USDT Market Notes (2084-2085, down about 0.5%)
Overall qualitative summary: A low-level grind within a downward channel, not a reversal, is a market maker’s game of feeding liquidity at both ends within the wide box of 2050-2120, eating spreads.
Yesterday’s price kept bouncing within the consolidation zone of the moving averages at 2090-2120. Today, it directly tested again at 2053-2060, rebounded but pressed very hard. The most obvious change compared to yesterday is—rebound is increasingly weak, even 2120 can’t hold steadily, indicating buying interest is there but not enough; the demand
ETH-0.59%
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