After a significant rebound yesterday, the market showed a cyclical decline in early trading today, with no clear tradable pattern emerging yet. The current price is in a stalemate zone between bulls and bears, and two-way operations carry high risks. It is recommended to closely monitor the trend in the European session. Wait until the European session clarifies whether the market will continue the downward trend or rebound further, and then follow the trend during the US session.
From a technical analysis perspective, yesterday's upward movement is more inclined to be a washing-out phase rather than a signal indicating the start of a gold bull market. Please be patient and wait for the market to clear up, and do not trade aggressively during this period. Always maintain a cautious attitude.
We will continue to monitor the market and keep updating trading strategies.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
From a technical analysis perspective, yesterday's upward movement is more inclined to be a washing-out phase rather than a signal indicating the start of a gold bull market. Please be patient and wait for the market to clear up, and do not trade aggressively during this period. Always maintain a cautious attitude.
We will continue to monitor the market and keep updating trading strategies.
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
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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.
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.