From the current 4-hour K-line chart analysis, the overall market is in a high-level oscillation state, and faces the pressure of rising and falling in the short term. In terms of operation strategy, it is recommended to take shorting at highs as the main direction, supplemented by short-term long orders. It is recommended that you wait for the price to show a clear stabilization signal before executing the trend-following short-selling trading strategy. It is necessary to focus on the resistance level of the upper 3380-3400 range and the support level of the lower 3330-3310 range. In terms of specific operations, it is recommended to consider establishing a short order when the price rebounds to the two ranges of 3370-3375 and 3380-3385.
Operation strategy:
1. It is recommended to short gold when it rebounds to 3370-3375, with a stop loss of 3383, and a short-term target of 3350-3330, with a target of 3300; short sell near 3380-3385, with a stop loss of 3393, and the target is the same as above.
Operation strategy:
1. It is recommended to short gold when it rebounds to 3370-3375, with a stop loss of 3383, and a short-term target of 3350-3330, with a target of 3300; short sell near 3380-3385, with a stop loss of 3393, and the target is the same as above.
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t.me/+8XRxoUJXG1ExMmFk
With 100% profitable account management, more than 85% of trading signals, 100% profitable
With 100% profitable account management, more than 85% of trading signals, 100% profitable
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.