Gold prices are consolidating on November 7th, awaiting the non-
Gold has completed its technical adjustment after a period of consolidation on the hourly chart. Short-term moving averages are starting to turn upwards, and the price is gradually rising above them, suggesting potential for further rebound in the short term. The key resistance level to watch is around 4020-30. On the 4-hour chart, short-term moving averages are largely flat and converging, indicating a potential breakout. The non-farm payroll data is unlikely to be released tonight. On the hourly chart, the price is gradually trending upwards along the short-term moving averages; monitor the short-term correction.
Trading Recommendation: Focus on the 4020-30 resistance zone and begin gradually establishing short positions.
Trading Recommendation: Focus on the 4020-30 resistance zone and begin gradually establishing short positions.
Dagangan aktif
The overall gold price movement is largely in line with our analysis!
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Penerbitan berkaitan
Penafian
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.
The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
Penerbitan berkaitan
Penafian
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.