2.4 Gold analysis and operation suggestions
2.4 Gold analysis and operation suggestions
Technical support confirmation:
Top and bottom conversion position 2804: The previous resistance level was transformed into a key support after breaking through, becoming a long defense point.
Daily support 2793: If the price unexpectedly falls back deeply, you need to pay attention to this position, but the strong market may not touch it.
Operation plan
Entry point:
Ideal long area: 2804-2807 (near the top and bottom conversion position), you can build positions in batches.
Aggressive strategy: If the price continues to consolidate above 2820 and there is no sign of a correction, you can chase long positions with a light position, but you need to strictly stop loss.
Stop loss setting:
Below 2799 (about 8 points from the entry point) to prevent false breakthroughs or trend reversal risks.
Target profit:
The first target is 2825 (previous high or short-term resistance), and some positions can be closed here.
The second target is 2850 (medium-term psychological barrier), and the remaining positions can be protected by stop loss to seek trend continuation.
Summary
During the US trading session: focus on the price support in the 2804-2807 area, combine the real-time K-line signal decision-making, and avoid guessing the top against the trend. If the market strengthens as expected, it can gradually rise to 2850; if it falls below 2793, it is necessary to re-evaluate whether the trend is reversed.
I will announce the specific operation details below the article 1-2 hours after the US market opens.
Technical support confirmation:
Top and bottom conversion position 2804: The previous resistance level was transformed into a key support after breaking through, becoming a long defense point.
Daily support 2793: If the price unexpectedly falls back deeply, you need to pay attention to this position, but the strong market may not touch it.
Operation plan
Entry point:
Ideal long area: 2804-2807 (near the top and bottom conversion position), you can build positions in batches.
Aggressive strategy: If the price continues to consolidate above 2820 and there is no sign of a correction, you can chase long positions with a light position, but you need to strictly stop loss.
Stop loss setting:
Below 2799 (about 8 points from the entry point) to prevent false breakthroughs or trend reversal risks.
Target profit:
The first target is 2825 (previous high or short-term resistance), and some positions can be closed here.
The second target is 2850 (medium-term psychological barrier), and the remaining positions can be protected by stop loss to seek trend continuation.
Summary
During the US trading session: focus on the price support in the 2804-2807 area, combine the real-time K-line signal decision-making, and avoid guessing the top against the trend. If the market strengthens as expected, it can gradually rise to 2850; if it falls below 2793, it is necessary to re-evaluate whether the trend is reversed.
I will announce the specific operation details below the article 1-2 hours after the US market opens.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.