From a technical perspective, the trend of gold is obviously weak. In the morning trading yesterday, the price of gold failed to continue the previous day's rise, and the rebound high kept moving down. After breaking the key support level during the US trading session, it accelerated downward, and the daily line closed with a big negative line, and the short-selling force had the upper hand. Today's closing situation is crucial. If it continues to close with a negative line, the short-term downward trend may be established. The minutes of the Federal Reserve meeting will also bring new variables to the gold market. The policy direction may further affect the trend of gold prices. At present, the upper resistance is 3303-3308, and the lower support is 3284-3278. It is recommended to do more on the callback.
Operation strategy: It is recommended to do more on the callback of 3280-3275, with a target of 3295-3307 and a stop loss of 3370.
Operation strategy: It is recommended to do more on the callback of 3280-3275, with a target of 3295-3307 and a stop loss of 3370.
t.me/+Kwe64ZtBh_w1ZWQ0
100% risk management
100% weekly profit
100% risk management
100% weekly profit
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t.me/+Kwe64ZtBh_w1ZWQ0
100% risk management
100% weekly profit
100% risk management
100% weekly profit
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.