6.12 Gold Market
Yesterday, affected by CPI data, gold surged and fell back to clean up the market. Before closing, affected by the news, it rose again and closed positive on the daily line. The bulls are obviously strong, and today we will keep the idea of going long at low levels.
Support levels are 3365, 3375, and 3345. After the correction, we will go long based on the support.
Pressure levels are 3390 and 3400. Consider going short based on the actual situation.
BUY: around 3375
SL: 3364
TP: 3388-3400
Thank you for your attention. I hope my analysis can help you.
Yesterday, affected by CPI data, gold surged and fell back to clean up the market. Before closing, affected by the news, it rose again and closed positive on the daily line. The bulls are obviously strong, and today we will keep the idea of going long at low levels.
Support levels are 3365, 3375, and 3345. After the correction, we will go long based on the support.
Pressure levels are 3390 and 3400. Consider going short based on the actual situation.
BUY: around 3375
SL: 3364
TP: 3388-3400
Thank you for your attention. I hope my analysis can help you.
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.
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.