Don’t chase shorts when gold is at a low level, wait for a rebou
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From the 4-hour analysis, today's upper short-term resistance focuses on the hourly top and bottom conversion position near 3318-24. The intraday rebound relies on this position to go short once and look down. The lower short-term support focuses on the vicinity of 3280. The overall support relies on the 3280-3325 area to maintain the main tone of high-altitude low-multiple cycles. In the middle position, watch more and move less, and follow orders cautiously, and wait patiently for key points to enter the market.
Gold operation strategy:
Gold 3285-3287 line long, stop loss 3277, target 3315-23 line, break and continue to hold
From the 4-hour analysis, today's upper short-term resistance focuses on the hourly top and bottom conversion position near 3318-24. The intraday rebound relies on this position to go short once and look down. The lower short-term support focuses on the vicinity of 3280. The overall support relies on the 3280-3325 area to maintain the main tone of high-altitude low-multiple cycles. In the middle position, watch more and move less, and follow orders cautiously, and wait patiently for key points to enter the market.
Gold operation strategy:
Gold 3285-3287 line long, stop loss 3277, target 3315-23 line, break and continue to hold
Trade active
Gold starts to rebound. Everyone should strictly follow the points I give to enter the market to avoid losses.
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hey, everyone. I'm Yulia, a girl from Russia working as an analyst in New York, USA. I've been doing this job for 13 years. I have professional financial knowledge. I hope you like me.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.