Yesterday, gold continued to fluctuate and fall under pressure at the 3360 mark. The US market further accelerated downward to break through the 3300 integer mark and reached a weak closing near 3295. The daily K-line closed with a suppressed fall and broke the bottom of the middle shadow. The overall gold price continued to fluctuate and fall in a weak rhythm. After reaching the lowest level of 3295, it rebounded and closed at 3323. Today, it opened at 3324. As of now, it has reached the highest level of 3337. At present, we are focusing on the suppression of 3340-3348. If the rebound is under pressure, we can still intervene in short orders. The recent market trends are basically the same - bottoming out and rebounding. In terms of operation, continue to keep shorting under pressure and long positions after bottoming out and rebounding.
From the current market trend, today's upper short-term resistance focuses on the 3338-3342 area. If it rebounds to this range and is under pressure, you can consider choosing an opportunity to arrange short orders. The lower support focuses on the 3315-3305 line. If it falls back and stabilizes, there is a possibility of a short-term rebound. The overall situation is still in a range-bound structure. It is recommended to focus on key points, buy high and sell low, follow the trend, and strictly control risks. For more specific operation points, please pay attention to the 🌐 notification at the bottom.
From the current market trend, today's upper short-term resistance focuses on the 3338-3342 area. If it rebounds to this range and is under pressure, you can consider choosing an opportunity to arrange short orders. The lower support focuses on the 3315-3305 line. If it falls back and stabilizes, there is a possibility of a short-term rebound. The overall situation is still in a range-bound structure. It is recommended to focus on key points, buy high and sell low, follow the trend, and strictly control risks. For more specific operation points, please pay attention to the 🌐 notification at the bottom.
Trade active
Gold quickly stabilized and rebounded after falling back to the 3312 line. The overall trend was in line with our previous prediction of the short-term support level. The preset 3316 long order plan entered the market smoothly, and then quickly pulled up to the target area. It has been taken profit and exited at the 3325 line as planned, successfully achieving phased returns, and the overall trading rhythm is running smoothly. The current market is still in a structural shock trend, and the short-term long-short game is relatively fierce. In terms of operation, it is still necessary to strictly control the rhythm and position, continue to switch high and low around key points, and maintain flexible response.Trade closed: target reached
Today's gold operation is strictly executed according to the preset plan:3335 short orders were entered as scheduled, and the short-term profit target of 3326 was successfully achieved. Then the long orders at 3316 were successfully entered, and the profit was completed at 3325. The overall rhythm was accurately controlled. Currently, short positions are held and the market development continues to be tracked. In the short term, pay attention to the short-term support at 3315. If it is effectively broken, it will further explore the 3310-3300 area; if it stabilizes and does not break, the market may have a rebound repair demand. In terms of operation, continue to dynamically adjust the thinking around the core support level and strictly implement the risk control strategy.
🔔For more real-time operation details and strategy updates, please pay attention to the bottom 🌐 notification to keep information synchronized and operate steadily.
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://Grouphttps://t.me/TP_Daniel1
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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.
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://Grouphttps://t.me/TP_Daniel1
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.