The price of gold remained relatively stable intraday with a slight increase, as the previous bearish momentum has not yet been fully released. After a rebound in gold, it is recommended to consider short selling at high levels.
The chart shows a 4-hour gold price trend.
There are several reasons for bearish sentiment towards gold:
Gold consolidated temporarily yesterday, and if it continues to be under pressure in the short term, the bearish trend may continue.
According to the updated wave trading system, the second wave C is currently in progress, and the previous low point may not be sustained, so the support level for the first round of upward movement will be considered in the future.
Intraday resistance is between 1822-1829, while support is between 1804-1786.
The chart shows a 4-hour gold price trend.
There are several reasons for bearish sentiment towards gold:
Gold consolidated temporarily yesterday, and if it continues to be under pressure in the short term, the bearish trend may continue.
According to the updated wave trading system, the second wave C is currently in progress, and the previous low point may not be sustained, so the support level for the first round of upward movement will be considered in the future.
Intraday resistance is between 1822-1829, while support is between 1804-1786.
Nota
Take profit position:1813Nota
Enter:1830Nota
continue to holdNota
The fluctuation of the buying point should not cause undue concern.Nota
1830 ProfitableNota
Keep going, this wave is for short-term backsteppingNota
Everyone can enter the discussion channel and communicate at any timeNota
when patience is tested
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.