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Brothers, from now on, Yiming will shift from Bitcoin to gold and embrace a new main line!
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YimingBitvip:
Gong Zonghao: AA Yiming
The 5160 support level has been broken. Pay close attention to the 5120-5128 support zone; holding this indicates that the bulls are still in control!$XAU $XAG
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A warning was given before the release of the evening CPI data. Hold the 5160 support level, and you can fluctuate within the 5160-5170 range. Hangqing accurately rebounded at 5162, and there is currently nearly 20 points of space!
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The US February unadjusted CPI year-over-year rate will be released in half an hour, and significant volatility in gold is expected.
Gold is currently consolidating below 5200.
Aggressive traders can buy within the 5160-5170 range, based on the 5160 support level.
If the data is strong, it could trigger a sell-off and potentially break below the 5160 support level, so stop-loss orders must be set. The key support levels are 5120/5128. These are relatively important support levels. If the price holds these levels, it will be a good buying opportunity.
If it breaks below 5120, a large-scale sell
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Early morning silver indicates insufficient upward momentum. Hangqing accurately predicts a pullback from the high of 89.4, securing a 2.42 profit!
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Wednesday, the key levels to watch for gold during the Asian and European trading sessions are 5186.
As long as it stays above 5186, the trend is upward, with target levels at 5233/5256/5278. As long as it does not fall below 5186, pullbacks are buying opportunities.
Breaking below 5186 is a sell signal.
If it breaks below 5186, pay attention to the key support levels at 5177/5157/5138.
Stabilizing at these support levels is a buy signal.
Breaking below 5138 is likely to lead to further decline. $XAU $XAG
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Gold prices remained below $90 on Wednesday, showing strong resistance and insufficient upward momentum.
Technical analysis indicates a possible pullback, but this does not mean a decline. Therefore, after short-term profit-taking from a short position, we need to re-enter the market. After another pullback, it will test the $90 resistance level again.
Resistance level: $88.50 - $89
Target 1: $85.50 (medium-term support).
Main target: $83 (recent liquidity low).
Stop-loss: Set above $90.20 to maintain the effectiveness of the strategy.
Breaking above $90.5 will invalidate the bearish outlook.
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Give a prompt early in the morning to hold the support level and then look for a bullish trend. The morning opening also rose as expected, and currently there is a 40% room for growth!
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Gold's current key resistance level is 5233. Holding above 5233 targets 5256/5278. Conversely, if this resistance level is not broken, it may lead to a pullback to around 5175/5157.
When gold encounters resistance at higher levels, it sends a clear signal that shorting gold at these highs is a viable short-term strategy.
Currently, we still need to watch the support levels at 5175/5157. If these levels are broken, it will test the 5140/5123 levels.
If the support holds, buyers can enter the market with targets around 5300-5400.
$XAU $XAG
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In half a month, from 30,000 to 90,000, I have achieved a small goal. The road to success is not difficult. Follow Yi Ming closely, stay clear on the direction, walk with firm steps, and together we will reach the peak.
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5200 Precise arrival! As early as this morning, it was pointed out that the gold upward trend and momentum remain bullish, recommending a buy around 5110-5130, successfully rebounding precisely at 5120; although the market oscillated around 5180 for a long time, the midday signal also indicated to hold the 5125 support and stay bullish, and in the evening, it successfully broke through to reach a high of 5230! This wave is again a space for the 110th anniversary celebration!
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The current market is at a critical decision point, and the subsequent breakout direction will directly determine the short-term trend of gold.
On the 1-hour chart, the gold price is approaching a key trendline resistance level.
Over the past several trading days, the price has been moving along a downward structure, but with the formation of higher lows and a pullback toward the trendline, bullish momentum is gradually accumulating.
The 5125 support level remains effective, maintaining the integrity of the short-term bullish structure.
If the price can effectively break through and stabilize
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The bullish outlook given by the morning gold has already reached 70 major milestones!
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Silver pointed out early in the morning that the upward momentum has strengthened, and all three targets were precisely reached, securing three major victories!
$XAU $XAG
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Early morning, Yiming suggested doing multiple trades around 5110-5130, with precise entry at 5117. The rebound reached 5167, and there are already 50 major events! $XAU $XAG
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Gold overall remains in a bullish structure. Recent trends indicate that the correction phase may be nearing its end, with trend and momentum still leaning bullish.
On the macro level, recent US employment and real estate data have been weak, reinforcing market expectations of easing policies, which is positive for precious metals.
From a technical perspective, 5450 is a key level. If the daily chart stabilizes above this level, gold prices are likely to challenge recent all-time highs again, potentially breaking through directly if momentum is sufficient.
For trading strategies, a bullish app
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After several days of consolidation in the 1-hour silver chart at the $80 support and $86 resistance zone, a strong breakout signal has now appeared.
Buyers gained momentum today, with the silver price breaking through the $86 resistance and reaching a high of $86.9, with upward momentum clearly strengthening.
Focus on the validity of the breakout:
If the breakout holds steady, the initial upward target is $87.4, and if the strength continues, then $88.15 and $89.45.
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There are always people asking why we are shifting to gold trading. Today, I’ll explain it to you in detail!
1. Gold is regulated properly and funds are safer
Foreign exchange and gold belong to the global mature financial markets, under strict financial regulation. Platforms are compliant and transparent, unlike the crypto space which lacks unified regulation, with high risks of scams and sudden collapses.
2. Gold trends are more stable and fluctuations are controllable
Gold is driven by economic data, interest rates, inflation, and other fundamentals. Its trends are clear and continuous, unl
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Gold currently has key support at 5073. As long as the price stays above 5073, the trend is considered upward, and buying opportunities can be sought during pullbacks.
Breaking below 5073 will present opportunities to short on rebounds, with targets at 5037/5013/4988. These three levels are also important support levels. If the price fails to break below these levels, consider buying near them.
Resistance levels: 5117/5138/5164 are the current immediate resistances. Breaking through these levels indicates continued upward momentum. Persistent failure to break these levels suggests a short-term
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