📰 News information:
1. Powell responds to White House issues
2. Will other countries impose reciprocal sanctions on tariffs?
📈 Technical Analysis:
Gold closed with a long lower shadow on the daily line yesterday and closed with a doji on the hourly line. In the short term, gold may continue to rise and is expected to touch the 3355 line. If gold cannot break through and stabilize above 3355, then gold may fall back. We can still consider shorting, and the target can be 3330. If the trend is as expected, it may form the embryonic form of a head and shoulders bottom. On the contrary, if the gold price breaks through 3355, stop loss on short positions and pay attention to the high resistance of 3375-3385.
🎯 Trading Points:
SELL 3340-3355
TP 3330-3320
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
GOLD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
XAUUSD
1. Powell responds to White House issues
2. Will other countries impose reciprocal sanctions on tariffs?
📈 Technical Analysis:
Gold closed with a long lower shadow on the daily line yesterday and closed with a doji on the hourly line. In the short term, gold may continue to rise and is expected to touch the 3355 line. If gold cannot break through and stabilize above 3355, then gold may fall back. We can still consider shorting, and the target can be 3330. If the trend is as expected, it may form the embryonic form of a head and shoulders bottom. On the contrary, if the gold price breaks through 3355, stop loss on short positions and pay attention to the high resistance of 3375-3385.
🎯 Trading Points:
SELL 3340-3355
TP 3330-3320
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
Trade active
Currently gold is rising again to around 3357 and has touched our SL. Although I felt sorry for the short position in the morning, I still admitted the mistake honestly, did not make too many excuses, and did not regret any of my transactions. It is normal to encounter losses in trading, no one will make 100% profit. I will adjust my mentality and face future trading again. I hope that my bros can also actively adjust their status to face the next transactions, and we will turn losses into profits together.💪💪💪Trade closed: target reached
If the strength of the European session continues into the NY session and the strong pressure of 3375-3385 is not broken, you can consider going short again. Participate with a light position on Friday to avoid affecting your mood on the weekend.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.
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.