Gold was trading sideways at a low level yesterday, with bulls and bears oscillating back and forth. After the data was released, it broke the bottom slightly, touching the lowest point of 3331, and then quickly recovered to the range. The overnight daily line closed with a bullish cross star, indicating that bulls and bears are temporarily balanced. Today, we will maintain the idea of oscillation. Before the range is effectively broken, short-term long and short operations will be the main focus. The Bollinger Bands in the 4H cycle are closing. After oversold, the decline has temporarily stopped and stabilized. There is a need for a rebound and repair in the short term, but the strength is expected to be limited. Pay attention to the pressure in the 3357-3370 area on the top. In terms of operation, the rebound is mainly under pressure at high altitude. The lower targets are 3340-3331 in turn. If it breaks, it will further look to the 3320 line.
Gold operation suggestion: short gold around 3357-3370, target 3340-3331-3320. If the support area of 3335-3320 stabilizes, you can consider going long.
Gold operation suggestion: short gold around 3357-3370, target 3340-3331-3320. If the support area of 3335-3320 stabilizes, you can consider going long.
Trade active
Gold's trend, as planned, has steadily risen, hitting resistance near 3360. Technical resistance is evident, and the short-selling strategy has been precisely triggered, signaling a period of profit-taking. The overall performance is highly consistent with expectations, demonstrating a proactive and well-executed strategy, further validating the logic of robust trading. This is the foundation of our early investment strategy, and the reason we're already reaping profits while you're still hesitating. Opportunities wait for no one; with the right cadence, profitability is only a matter of time.Trade closed: target reached
My overall recent strategic thinking has been perfectly executed, with market conditions closely aligned with my predictions. Execution has resulted in profits. Congratulations to everyone who strictly followed their trading plan and achieved excellent returns. Those who persevere will stand out, while those who don't will be eliminated. The market is always full of opportunities, but those who are not determined will always be eliminated. With persistence, and without complicated operations, weekly returns of 100-400% or more are possible.
I will go all out for every cooperating friend. Once I trust you, I will speak with results. I don't promise huge profits, but steady profits. Many people have done it, and you can do it too.Free Witness Telegram https://https://Grouphttps://t.me/TP_Daniel1
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.
I will go all out for every cooperating friend. Once I trust you, I will speak with results. I don't promise huge profits, but steady profits. Many people have done it, and you can do it too.Free Witness Telegram https://https://Grouphttps://t.me/TP_Daniel1
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.