📰 Impact of news:
1. Initial unemployment claims data
📈 Market analysis:
Gold is in a sideways consolidation near 3320 in the short term. The market has no clear direction for the time being, and the long and short positions are in a tug-of-war. The hourly line rebounded to 3328 and then fell back again, suggesting that there is still room for short-term retracement. The current operation needs to focus on key points: if it rebounds to the 3320-3330 resistance area, you can consider entering short positions again. If the market continues to decline, focus on the 3300-3290 support range. If it stabilizes, long orders can be arranged. The overall idea is to maintain a volatile market. Before effectively breaking through 3350 or falling below 3290, high-altitude and low-multiple is still the main strategy.
🏅 Trading strategies:
SELL 3320-3330
TP 3310-3300-3290
BUY 3310-3300
TP 3320-3330-3340
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD
1. Initial unemployment claims data
📈 Market analysis:
Gold is in a sideways consolidation near 3320 in the short term. The market has no clear direction for the time being, and the long and short positions are in a tug-of-war. The hourly line rebounded to 3328 and then fell back again, suggesting that there is still room for short-term retracement. The current operation needs to focus on key points: if it rebounds to the 3320-3330 resistance area, you can consider entering short positions again. If the market continues to decline, focus on the 3300-3290 support range. If it stabilizes, long orders can be arranged. The overall idea is to maintain a volatile market. Before effectively breaking through 3350 or falling below 3290, high-altitude and low-multiple is still the main strategy.
🏅 Trading strategies:
SELL 3320-3330
TP 3310-3300-3290
BUY 3310-3300
TP 3320-3330-3340
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD Trade active
Before effectively breaking through 3350 or 3290, maintain high-altitude and low-multiple operations. If the bulls regain 3335 again, the operation will be to oscillate in the 3350-3310 range. If 3335 is regained on Friday, it is recommended to place a short order in the 3345-3350 area for the second time during the day. There are only two scenarios on Friday: either it remains weak and continues to break the previous low, or it recovers 3335 and continues to fluctuate around the range.Trade closed: target reached
Short orders are profitable again, shorting 3330, and 3335 increases positions at the same time, I have made a profit, keeping up with the trading pace and bros who are following my 🌐 have made profits.
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Related publications
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.