📰 News information：
1. Pay attention to the impact of Trump administration tariffs
📈 Technical Analysis：
Gold rose as expected and touched around 3344, which was in line with our judgment last night. However, from the market point of view, the K-line entity did not stand firmly above 3335. There are only two possible scenarios for the subsequent trend of gold. One is to stand directly above and test the 3345 resistance again, and the other is to fall in the European and American markets due to timeliness and retest the key support of 3310. At present, the upper positions are 3345 and 3365 respectively. If 3345 is repeatedly not broken and the European market falls with acceleration, then the 3310 area will still need to take back the long positions, which can be defined as a long wide-range wash. 3330-3320 is a very critical support position, and 3310 is a strong support. Therefore, the best position for shorting during the day is around 3335-3345, with the target at 3330-3320. Consider long positions after falling back and getting support here.
🎯 Trading Points：
SELL 3335-3345
TP 3330-3320
BUY 3330-3320
TP 3345-3365
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD GOLD
1. Pay attention to the impact of Trump administration tariffs
📈 Technical Analysis：
Gold rose as expected and touched around 3344, which was in line with our judgment last night. However, from the market point of view, the K-line entity did not stand firmly above 3335. There are only two possible scenarios for the subsequent trend of gold. One is to stand directly above and test the 3345 resistance again, and the other is to fall in the European and American markets due to timeliness and retest the key support of 3310. At present, the upper positions are 3345 and 3365 respectively. If 3345 is repeatedly not broken and the European market falls with acceleration, then the 3310 area will still need to take back the long positions, which can be defined as a long wide-range wash. 3330-3320 is a very critical support position, and 3310 is a strong support. Therefore, the best position for shorting during the day is around 3335-3345, with the target at 3330-3320. Consider long positions after falling back and getting support here.
🎯 Trading Points：
SELL 3335-3345
TP 3330-3320
BUY 3330-3320
TP 3345-3365
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD GOLD Trade active
According to the trading strategy, short orders have been executed in the 3335-3345 area. We are currently waiting for gold to touch the support area of 3330-3320 below. As long as it does not fall below 3320, gold will still maintain a bullish trend. Unless it falls below 3320 today, it may not be possible to do more.Note
I am optimistic about the bulls because the risk aversion sentiment has increased and has not cooled down, there is no important economic data during the NY period, and combined with the technical 4H step-up pattern, the highs continue to move up and the lows follow suit. If gold continues to rise in the NY period, it will not be too difficult to reach 3360, 3365Note
For the time being, the bullish momentum is strong. I have stopped the short trade. It seems that gold is likely to rise to 3360 or 3365.Trade closed: target reached
After closing the short position, I continued to buy at 3350. I said that as long as it breaks through 50, it will not be difficult to rush to 60 or 65. The facts once again confirmed that my trading ideas and strategies are correct. Brothers, sometimes we really need to wait for a suitable hunting opportunity like a wolf, and bite the prey and don't let go.
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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.
Engaged in trading for many years,with an accuracy rate of up to 90%🏅If you want to get guidance from professional mentors and get free trading signals📈we can answer any questions you have as soon as possible👇Seize the opportunity to seize profits👇
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.