Today, gold opened high at 3448, and fell under pressure after touching 3452. It fell after repeatedly confirming resistance at high levels. We arranged short orders in the 3445-3450 area, successfully touched the target of 3330, and realized profit-taking. Then the market fell back to around 3409 and stabilized and rebounded. We arranged long orders and stopped profit at around 3420. Then we fell back and arranged long orders of 3385 and 3395 to take profits at 3405.
Overall, gold fell slowly after opening high, and maintained sideways consolidation in the European session. The US session continued to fall due to the easing of the geopolitical situation. At present, the focus of the evening is on the support of 3390. If it does not break after the retracement, it can still go long. Pay attention to the key pressure levels of 3410 and 3422 above. The current market is still in the adjustment stage of the upward trend. After the adjustment, it is expected to continue the upward rhythm.
Operation suggestion: Go long on gold when it falls back to around 3390-3392, with the target at 3410 and 3435.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time.
Overall, gold fell slowly after opening high, and maintained sideways consolidation in the European session. The US session continued to fall due to the easing of the geopolitical situation. At present, the focus of the evening is on the support of 3390. If it does not break after the retracement, it can still go long. Pay attention to the key pressure levels of 3410 and 3422 above. The current market is still in the adjustment stage of the upward trend. After the adjustment, it is expected to continue the upward rhythm.
Operation suggestion: Go long on gold when it falls back to around 3390-3392, with the target at 3410 and 3435.
If you still lack direction in gold trading, you might as well try to follow my pace. The strategy is open and transparent, and the execution logic is clear and definite, which may bring new breakthroughs to your trading. The real value does not rely on verbal promises, but is verified by the market and time.
Trade active
Confirm that 3380 is the previous key high point support. As long as it is not broken, this position has the potential for rebound. The long orders we arranged in batches at 3384 and 3391 have now successfully entered the profit stage. The trend is highly consistent with the prediction, and the trend direction is clear, which verifies our accurate grasp of the market rhythm. Trading is never a game of emotions, but the execution of logic and the adherence to discipline. The market always belongs to those who plan ahead, not gamblers who chase ups and downs. The current rhythm is clear, and conservative traders are advised to gradually reduce their positions and stop profits to lock in stage profits. Profit is the most direct standard for testing strength.No matter how professional the analysis report is, no matter how profound the article is, it cannot change our ultimate pursuit of "profit". The wise are pragmatic, and the foolish compete for fame. Analysts are not literati, they do not impress people with rhetoric, but speak with results. The market is ever-changing, and what we can do is to do our best to grasp every wave of rhythm, and use profits to return to every brother who pays attention, so that you can calmly deal with the fluctuations.
Trade closed: target reached
Our long order plan near 3384 and 3391 has entered the profit stage as scheduled. We would like to remind you to stop profit near 3401 and take the profit in time, so as not to lose the profit. Congratulations to the brothers who followed the trading plan. Today, the long and short rhythms are clear and the overall harvest is not small. Trading not only depends on technology, but also tests mentality and execution. The thinking should be clear and the action should be decisive. The core of trading is not how much money you make from one order, but whether you can execute the plan for a long time and control the risk steadily. Only by keeping the bottom line can you go further. There is no shortage of opportunities in the market, but only those who can really stick to it deserve to reap the fruits. If you are not firm, you are destined to be eliminated; if you can stay stable, you can stand out.
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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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://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.