From the 4-hour trend of gold, the key position of 3300 is the core basis for judging the short-term trend. The current 4-hour watershed is in the 3300 area. The gains and losses of this position will determine the direction of the short-term trend. Before it breaks through effectively, the short-term pressure judgment is maintained; if it breaks through, it is necessary to turn to the daily resistance level. The MACD indicator crosses and the short-term momentum column continues to increase, indicating that the price has further downward momentum. The price of the 4-hour cycle runs along the downward channel. Although the MACD indicator forms a cross below the zero axis, the short-term energy column shows a shrinking trend. There is a technical oversold rebound demand in the short term.
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Weekly profit exceeds 200%👇👇👇
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Weekly profit exceeds 200%👇👇👇
t.me/+lQIvgUv8CKZiMDI0
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.