Gold showed a trend of rising and falling back and closing low on Tuesday. The highest intraday rise was 3366, and the lowest fell to 3320. The daily line recorded a medium-sized Yin line with a long upper shadow. The K-line was negative, and the closing line broke the resonance support of the middle track and the short-term moving average, suggesting that the bullish momentum has slowed down and the bears are ready to move. Today, we need to pay attention to the further downward performance of gold. From the 4H level, the price stood firm at the four-hour resistance position last Thursday, and then rebounded upward in the short term. Yesterday, the price fell below the daily support level. Currently, the short-term market is bearish, and attention is paid to the resistance in the 3340-3345 range above. In the one-hour period, the price is in short-term shock adjustment. On the whole, it will be treated as a shock decline before breaking yesterday's low, and the lower side pays attention to the 3225-3320 area support. In the short term, you can consider shorting at 3340-3350 in the European session, and look towards 3330-3320
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The transaction result perfectly hit the target of 3330, and the wolf's sense of smell once again helped me make a profit. Congratulations to all the bros who referred to and kept up with the rhythm of this transaction.
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📊Immersed in the trading market for many years, with professional analysis and guidance🎯the average account doubled within 2 weeks🤑. Be a wolf hunting in the trading market🐺never let go of the prey👇 join my wolf pack to get free signals👇
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.