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The price of gold fluctuated after falling to around US$2,158 yesterday, and then fell when it rose to around US$2,179 and then fell under resistance from above. This is consistent with my prediction and analysis yesterday.
Today's gold price is under support at $2168 and has a tendency to bottom out, but there will also be resistance from above. Therefore, I think a safer trade is to wait for the gold price to receive resistance from above, and then shorting at a high price would be a better choice.
What needs to be noted is whether the gold price can break through when it reaches the $2,180 line.
If it fails to continue rising, my suggestion is to go short between the high price of $2176-2178.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
The price of gold fluctuated after falling to around US$2,158 yesterday, and then fell when it rose to around US$2,179 and then fell under resistance from above. This is consistent with my prediction and analysis yesterday.
Today's gold price is under support at $2168 and has a tendency to bottom out, but there will also be resistance from above. Therefore, I think a safer trade is to wait for the gold price to receive resistance from above, and then shorting at a high price would be a better choice.
What needs to be noted is whether the gold price can break through when it reaches the $2,180 line.
If it fails to continue rising, my suggestion is to go short between the high price of $2176-2178.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Trade active
The price of gold fluctuates near the mid-track line and has not yet shown a strong upward trend.Trade active
Gold prices fluctuate around $2,169Trade active
Trade active
Gold prices are down, now is a good time to go longTrade active
Waiting for gold price to rebound
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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.