Gold fluctuates; watch for downward pressure in the US market!
Gold rose slowly during the day and entered a strong cycle. From the perspective of the US market, there is still room for continued rebound. In the 4H cycle, the overall trend is weak with a downward step. The rebound returned to near the middle track. The downward channel pressure is at 3338-40. At present, it continues to be bearish based on this position. Yesterday it was a slow decline and today it is a slow rise. It fluctuated and fell and looked back twice. Under pressure, it will gradually move to 3300 and 3291.
Trading suggestion: Short gold near 3340-38, stop loss at 3348, target 3322 and 3305!
XAUUSD GOLD XAUUSD GOLD XAUUSD GOLD XAUUSD
Gold rose slowly during the day and entered a strong cycle. From the perspective of the US market, there is still room for continued rebound. In the 4H cycle, the overall trend is weak with a downward step. The rebound returned to near the middle track. The downward channel pressure is at 3338-40. At present, it continues to be bearish based on this position. Yesterday it was a slow decline and today it is a slow rise. It fluctuated and fell and looked back twice. Under pressure, it will gradually move to 3300 and 3291.
Trading suggestion: Short gold near 3340-38, stop loss at 3348, target 3322 and 3305!
XAUUSD GOLD XAUUSD GOLD XAUUSD GOLD XAUUSD 
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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.
Real-time strategies are like a beacon guiding your investment path. The market will never disappoint those who persevere and explore wisely....🚀🚀VIP Channel t.me/EagleEyePrecisionAnalysis
👉Exclusive address t.me/Eagle_PreciseAnalysis
👉Exclusive address t.me/Eagle_PreciseAnalysis
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.