If the price reaches the 3136-3148 range, there is no need to hesitate, just sell. This is the gold trading strategy for today provided to you before yesterday's closing. I wonder if any friends have grasped this profit?
After getting support near 3125, the price rebounded again. It is still in the rising stage. The resistance continues to focus on the vicinity of 3148.
Here is a reminder for everyone: During the trading process, the technical pattern of the 2H and above cycle level has a turning point. This is not a joke, so everyone must be cautious when chasing highs.
Even if there is news supporting the market now, news is something we cannot control. Once there is news of easing the situation, the risk aversion of gold will subside, and the decline will definitely not be small.
So while we follow the trend, we must also learn to think against the trend!
After getting support near 3125, the price rebounded again. It is still in the rising stage. The resistance continues to focus on the vicinity of 3148.
Here is a reminder for everyone: During the trading process, the technical pattern of the 2H and above cycle level has a turning point. This is not a joke, so everyone must be cautious when chasing highs.
Even if there is news supporting the market now, news is something we cannot control. Once there is news of easing the situation, the risk aversion of gold will subside, and the decline will definitely not be small.
So while we follow the trend, we must also learn to think against the trend!
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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.
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.