Based on the current trend, it is recommended to focus on low-long operations, but be wary of the market repeating the pattern of the previous few days of high-rush, wash-out and fall. From the perspective of key points, 3360 has been converted from a previous resistance level to a support level. At the same time, the hourly line forms an important support near 3358. If there is a stabilization signal at this position, it can be regarded as a good opportunity to go long. However, if the market falls below the 3356 line, it is not ruled out that the price will further fall to around 3345. This position is the key long-short watershed during the day. Once it is lost, the short-selling force may increase; in extreme cases, if there is a deep wash-out, the gold price may even pull back to 3325. For the upper resistance, pay attention to 3395-3405 first. If it can break strongly, it can further look to 3414.
Based on the above analysis, the trading strategy is as follows:
If gold falls back to the area near 3345-3355 and does not break, you can consider arranging long orders;
When the price rises to the area near 3395-3405 and does not break, you can try to arrange short orders.
When operating, be sure to strictly set stop losses and control risks.
Today's market trend is completely in line with the predicted rhythm, with a clear shock structure and flexible response around key points. With precise layout based on two-way thinking, we can achieve a double kill of long and short positions and a steady harvest. If your current gold operation is not ideal, and we hope to help you avoid detours in your investment, please feel free to communicate with us!
Based on the above analysis, the trading strategy is as follows:
If gold falls back to the area near 3345-3355 and does not break, you can consider arranging long orders;
When the price rises to the area near 3395-3405 and does not break, you can try to arrange short orders.
When operating, be sure to strictly set stop losses and control risks.
Today's market trend is completely in line with the predicted rhythm, with a clear shock structure and flexible response around key points. With precise layout based on two-way thinking, we can achieve a double kill of long and short positions and a steady harvest. If your current gold operation is not ideal, and we hope to help you avoid detours in your investment, please feel free to communicate with us!
Trade active
The overall strategic ideas have all been accurately fulfilled recently, the market conditions are highly consistent with the forecast, and execution is profit. Congratulations to all brothers, strictly follow the trading plan, and at the same time reap ideal profits. If you can persist, you will stand out, and if you can't persist, you will be eliminated. The market is never short of opportunities, but those who are not firm will always be eliminated. As long as you persist, without complicated operations, your weekly income can reach more than 100-400%.
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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.