📊Comment analysis
Gold rose yesterday under the stimulus of risk aversion, so gold did not continue to rise today, which means that the risk aversion sentiment of gold has been digested, and the 1-hour moving average of gold has also begun to turn downward and has not crossed upward, so the momentum of gold shorts has begun to increase, and gold rebounds and continues to be short. After gold surged, it has been under pressure at the 3310 line and cannot break through. Therefore, gold rebounds in the US market and continues to be short at highs under pressure at 3310.
💰Strategy Package
US trading operation ideas:
Gold 3304-3310 short, stop loss 3315, target 3280-3270-3260;
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the capital account
- Stop loss is 1-3% of the capital account
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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.
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.