Gold support is accurately verified, and there are still opportunities to go long above this level of the US dollar index. There are signs of weakening upward momentum in the Euro and the US dollar, and the space for the British pound to US dollar pullback is limited...
Hello everyone. On trading days Monday, Wednesday, and Friday, I will use the OrderFlow volume and price tool from mainstream overseas trading Institutions, combined with fundamentals and technicals, to Share observations on the strength and weakness of international market products within the day. As of February 2025, the "Institutional Trading Plan" has been continuously updated for over 2000 days with a total of more than 700 issues. Thank you all for your continued support.
Friends who follow the program have put forward many good suggestions, which we warmly welcome and will actively try out. We will add a "Quick Report" version based on the original video program to provide a more intuitive auxiliary reference. The Quick Report version will be refined in the chart section; these are also my personal views on the market, for reference only and do not constitute investment advice. For complete views, please refer to the latest "Institutional Trading Plan" video.
Spot Gold
Richard's daily commentary: Support at 2880.15 is very precise, resistance at 2940.20. Gold has broken through the bearish cloud, maintaining a relatively bullish state.
USD
Richard's daily commentary: Support at 103.8105, resistance at 104.2587. If the USD returns to 103.8105, it may signal the end of the correction trend, and I would be willing to go long. (Note: As of the time of writing, USD is below 103.8105.)
British Pound to USD

Richard's intraday commentary: Support at 1.29105, resistance at 1.30205. Due to prior adjustments, even if the British Pound to USD falls, the decline is unlikely to be significant, as both 1.29105 and 1.2870 provide strong support.
Euro to USD

Richard's intraday commentary: Support at 1.08945, resistance at 1.10. Personally, it is believed that the upward momentum of USD to Euro may be weakening, and if 1.08945 is breached, it could trigger a wave of adjustment and pullback.
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