📊 Gold Day Trading Strategy (Recommendation index ⭐️⭐️⭐️⭐️⭐️)
📰 News information：
1. The lasting impact of new tariffs
2. The impact of geopolitical conflicts
3. The Fed’s interest rate cut
📈 Technical Analysis：
From the hourly chart, gold has formed a head and shoulders bottom. At present, 3320 below has formed a certain support in the short term. For now, the daily line still cannot close below 3320. If the daily line closes below 3320, the decline may open further. On the contrary, the current upper suppression position of gold is near 3350. If the daily line stands above 3350 again, it will be a bull-dominated trend and may test 3380-3390 above. In the short term, pay attention to the support line of 3325-3315 below. If it retreats to the support level, you can consider going long. Look to the resistance range of 3340-3350 above, and pay special attention to the suppression line of 3365-3370. At the same time, if the European session is always suppressed below 3345 and sideways, there is no performance, so you should consider selling it, and there may be further retreat in the evening.
🎯 Trading Points：
BUY 3330-3325-3315
TP 3340-3350-3365
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.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD
📰 News information：
1. The lasting impact of new tariffs
2. The impact of geopolitical conflicts
3. The Fed’s interest rate cut
📈 Technical Analysis：
From the hourly chart, gold has formed a head and shoulders bottom. At present, 3320 below has formed a certain support in the short term. For now, the daily line still cannot close below 3320. If the daily line closes below 3320, the decline may open further. On the contrary, the current upper suppression position of gold is near 3350. If the daily line stands above 3350 again, it will be a bull-dominated trend and may test 3380-3390 above. In the short term, pay attention to the support line of 3325-3315 below. If it retreats to the support level, you can consider going long. Look to the resistance range of 3340-3350 above, and pay special attention to the suppression line of 3365-3370. At the same time, if the European session is always suppressed below 3345 and sideways, there is no performance, so you should consider selling it, and there may be further retreat in the evening.
🎯 Trading Points：
BUY 3330-3325-3315
TP 3340-3350-3365
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.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD Trade active
tradingview.com/chart/ejyO6Ghk/?symbol=OANDA:XAUUSDBros, have you found something interesting? As shown in the figure, gold has once again formed a head and shoulders bottom pattern on the hourly chart. If the judgment of inducing short selling is established, the possibility of breaking through the 3350 resistance and opening up the upward space will increase greatly, which once again strengthens our bullish expectations.
Note
Trade closed: target reached
The trading strategies and ideas have been told to everyone more than 6 hours ago. If you brothers read and think carefully, I think you can completely avoid the risks. Some smarter bros can even make a profit from it. I also gave the idea that gold has the potential to form a double head and shoulders bottom pattern very early on. The short-term idea remains unchanged. We will first focus on the 3300-3290 first-line support, and then enter the market after it stabilizes.
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👇
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.
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👇
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.