Beware of a sharp surge at the beginning of the week!

4 hari lalu

🗞News side:

1. The India-Pakistan conflict has been eased, but India has increased its troops in Kashmir
2. The situation between Russia and Ukraine has escalated again
3. Trump has asked Walmart to absorb the impact of tariffs on its own

📈Technical aspects:

Gold jumped higher in the Asian session in the morning and once tested the 3250 resistance line. In the short term, the upward space is limited and there is a certain suppression. At present, gold is testing the 3210-3200 support level again. Judging from the 4H chart, if the gold price breaks through this short-term support level, it is likely to go to the 3170 level next, or even test the strong support level of 3150. If it gets effective support at 3210-3200, gold may test the resistance area again. Therefore, in the short-term trading in the Asia and Europe sessions, maintain the high-level short-selling and low-level long-selling cycle to participate. On the upside, focus on the 3250-3260 resistance area. If it breaks through, it is expected to look towards the 3300 line. On the downside, focus on the 3210-3200 support line. If it breaks through this support, look to the 3170-3150 important support.

If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.

XAUUSD XAUUSD GOLD XAUUSD XAUUSD

4 hari lalu

Dagangan aktif

The European session focuses on the watershed 3252 line. If it stands firm, it may test the 3280-3300 line. Pay more attention to wait and see during the day and wait patiently for key points to enter the market

4 hari lalu

Dagangan ditutup: sasaran tercapai

After the gold price surged, it tested the bottom support again. We went long when it fell back to the 3225-3220 range. However, the current gold price keeps testing the 3235 line, which seems to have some resistance. Let's see if gold can reach our TP level.