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Gold, don’t play as one-sided when volatility!

Wonderful introduction:

Optimism is the line of egrets that are straight up to the blue sky, optimism is the thousands of white sails beside the sunken boat, optimism is the lush grass that blows with the wind on the head of the parrot island, optimism is the falling red spots that turn into spring mud to protect the flowers.

Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Gold, don't play as one-sided play when it fluctuates!". Hope it will be helpful to you! The original content is as follows:

The last time, the launch of a national fan meeting dates back to 2017. At that time, the book "Golden Trading Master" had not been launched yet, and the essence of trading in the book "trading formula" has been spread throughout the network in video or audio.

I have sorted out the trading formulas in 2016, but writing a book is already a huge project. I remember that the second stop of the fan meeting in 2017 was Shenzhen.

After 8 years, the national fan meeting was launched again at the Xi'an Economic Development InterContinental Hotel on May 17, 2025. This time, the difference from the past is that it focuses more on small-scale in-depth exchanges. The venue cannot solve user questions more accurately. In addition, the conference is more concentrated in first-tier cities, and fans in second-, third- and fourth-tier cities cannot effectively take care of them.

Why should an offline meeting be held?

First of all, this year's meeting did not attract any sponsorship, and I did not want to have too many business behaviors during the entire meeting. It aims to accurately answer user questions and solve customer problems. In addition, a dinner was arranged in the evening, and the xmserving.communication throughout the afternoon and in-depth discussions during the dinner party, so that more friends who are willing to xmserving.come will gain something.

Secondly, this time the registration is not based on me as the main address, but on the number of users who register. No matter which city the user is in, the number of applicants should be the first and meet the number of people we meet, such as 40 people. We will arrange meetings in local cities, so as to solve the problem that users in third- and fourth-tier cities could not take care of in the past large-scale events.

Also, as gold prices continue to rise in the past two years, more and more investors are pouring into the market. Now, in a bull market, you can get a share of the dividends of the times, but there is no eternalThe rise, accompanied by violent fluctuations and plunges when the future bull market peaks, has experienced many bull and bear market changes since entering the industry in 2010. Taking advantage of this meeting, I want to share my experiences and lessons with every user, so that they can maintain awe of the future market, how to layout, how to configure, characteristics of bull and bear, and risk control.

So, the second stop of this year has been finalized. Cities within 200 kilometers of Shenzhen, including Shenzhen, including Shenzhen as the center point, Guangzhou, Dongguan, Huizhou, etc., will hold this meeting together. On June 7, I attended the forum of the Financial Weekly in Macau, and met with everyone in Shenzhen on the afternoon of June 8. Looking forward to it together!

Okay, let’s talk about the gold market today:

In the past few days, gold prices have repeatedly jumped back and forth and short switched. This kind of change in market thinking is very critical. For example, if you look long in the morning, can you change your thinking in time when the support breaks in the afternoon, or if the US market falls, whether to chase shorts when the US market rebounds? The market is always moving forward in the process of change. Analysis is not solid, and you need to adjust your thinking in time and cannot fall into the trap of self-certification. You believe that if you look long in the morning, you have to be mindless, or if you look short, you have to keep empty. After you abandon the self-certification mentality, you understand the importance of following the trend.

Yesterday, the Asian session gold price quickly rushed to $3250 with 3240 support. It seems strong, but it actually tempts long. If you fall back and break through the Asian session, you should be cautious when the starting point of 3240. Yesterday, I was in "Gold, breaking through 3350 to accelerate! 》 emphasized that only by re-establishing the 3250-3220 range can it continue. As long as the range of 3250-3220 is broken, you must follow up. Therefore, in the range of 3320-50, I choose to wait and see. After breaking 3320, I rebounded 3326-28 and shorted to 3302. Patiently breaking through key positions. If you are overly assuming that the breakthrough will fall into imagination.

1 hour, after falling last night, the rebound was not too small, and this morning was also a back-and-forth washout. This market saw a decline and then rebounded, or saw a rise and fell back, and it would often be slapped in the face. It is not a unilateral market in itself, let alone continuity. Today's range is within 3290-3315, and it still fluctuates within this range. After breaking the level, follow the trend. Remember, if it is a weak European session, there will be no major rebound, especially the breakthrough of 3315. The decline in the previous two days became a tempting short.

Today, I think I will wait and see within the range of 3290-3315, and do not rush to expect whether to rise or fall. If it really falls, it will still have a chance to rebound by 3290-95-98, and there will be more opportunities to break through 3315 and fall back. After breaking through 3315, I will see 3330-35, and after breaking through 3290 and rebounding, I will still have a chance to fall.

The above content is all about "[XM Foreign Exchange Market Analysis]: Gold, don't play as one-sided play!"The content is carefully xmserving.compiled and edited by the XM Forex editor. I hope it will be helpful to your transactions! Thanks for the support!

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Gold, don’t play as one-sided when volatility!

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Trusted by over 15 Million Traders

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Gold, don’t play as one-sided when volatility!

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CATEGORIES

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The Most Awarded Broker
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