August 14 gold trading ideas
Gold is facing strong resistance around 4400, but it’s not recommended to short here because when trading with the trend by going long, it’s better to avoid counter-trend positions.
The timing to short is usually when the trend clearly reverses, not at a local peak.
US stock market trading strategy
Gold and oil falling together may indicate that the stock market is about to rise, but be cautious about getting involved before November.
Trump likes to talk big; when faced with policy demand, he uses stock market gains to improve his public image, and any subsequent decline is irresponsible.
The Nikkei Index is also close to its target level of 69000, so it’s advisable to take profit.
From the kospi perspective, tech stocks such as SK hynix have already strengthened, but it’s recommended to wait until a second pullback is completed before entering.
In August, we still expect a range-bound market; in September, only then do we expect a real rebound.
Bitcoin trading strategy
For Bitcoin, on the short term, you can consider going long around 62800, with a target around 65000.
The long-term goal is still to short around 68000; continue to monitor market developments.#韩股KOSPI开盘破7000点
Gold is facing strong resistance around 4400, but it’s not recommended to short here because when trading with the trend by going long, it’s better to avoid counter-trend positions.
The timing to short is usually when the trend clearly reverses, not at a local peak.
US stock market trading strategy
Gold and oil falling together may indicate that the stock market is about to rise, but be cautious about getting involved before November.
Trump likes to talk big; when faced with policy demand, he uses stock market gains to improve his public image, and any subsequent decline is irresponsible.
The Nikkei Index is also close to its target level of 69000, so it’s advisable to take profit.
From the kospi perspective, tech stocks such as SK hynix have already strengthened, but it’s recommended to wait until a second pullback is completed before entering.
In August, we still expect a range-bound market; in September, only then do we expect a real rebound.
Bitcoin trading strategy
For Bitcoin, on the short term, you can consider going long around 62800, with a target around 65000.
The long-term goal is still to short around 68000; continue to monitor market developments.#韩股KOSPI开盘破7000点