Gold, the uptrend continues—are you not riding this wave?
Since the beginning of this month, I’ve been追いかける (continuously tracking) the movement of gold.From the $4,000s, in just a little over a week to around $4,270. Tensions around Iran easing, dollar softness, and the dollar/yen movement after U.S.-Japan coordinated intervention — multiple factors converge, and gold continues to head upward clearly. In this article, I’ll convey the reality of this uptrend and how Enmusubi AI, which is buy-focused and uses a averaging-up (nampin) approach, is moving in this market as-is.
In early August, gold, which had been range-bound around $4,038–$4,052, shifted to a upside-upward movement fueled by easing tensions around Iran and expectations of lower U.S. long-term interest rates. It climbed to the $4,080s and $4,190s, and by Aug 6 reached around $4,300 for the first time in about a month and a half. As of Aug 7, it is maintaining a high zone near $4,270.
Today also has a major event on the calendar — the U.S. Non-Farm Payrolls (NFP) — so temporary fluctuations are possible. Still, based on the price action over the past week, my honest impression is that the upward trend momentum has not easily faded.
Shōkinryū is a buy-only nampin-type EA that buys on dips and closes positions on rallies. This design shines when prices dip but then recover or attempt higher levels. Gold right now is repeating the pattern of “dip and then attempt higher” while overall trending upward. Of course, if the market were to keep falling without recovering, this would keep unrealized losses, but at least at this very moment the market is aligning well with Shōkinryū’s design philosophy.
Regardless of amount, four consecutive business days finished in profit. The Forward operation account (real-trade.tech is publicly accessible) grew from the initial margin of 1 million yen to the 3 million range in four months since starting. If this favorable market continues, this trend may persist for a while, but this is merely a recent trend and does not guarantee future results.
Market trends can continue for unknown lengths. Therefore, the earlier you start, the longer you can benefit from the current tailwinds. Shōkinryū is already in operation for many people at this favorable moment for gold, and the EA itself continues to receive free updates. The market can change before you decide to adopt it, so if you’re interested, please first verify the logic and real-trade performance with your own eyes.
Of course, there is no guarantee of profits. By its nature, a nampin-type carries the risk of unrealized losses in one-directional declines. Please consider both the logic and risks yourself when making a decision.
- Gold rose from around $4,000 to around $4,270 in a bit over a week, continuing the uptrend
- Buy-focused nampin-type Shōkinryū has favorable tailwinds in the current market
- Four consecutive trading days ended with realized profits
- How long the trend will last is unknown. Not a future profit guarantee; consider risks in your decision
※This article is provided for information purposes and is not a solicitation for investment. The performance results shown are past results and do not guarantee future profits. FX/CFD trading involves risks. Please make investment decisions at your own risk.