KENJICHEN

0311-XAUUSD Analysis

Panjang
FX_IDC:XAUUSD   Emas Semerta / Dolar A.S.

XAUUSD
Gold finally break consolidation pattern and bounce back to 1300 on Friday night, however, gold can't maintain above 1300 in the end, so it gave mkt the signal of correction for today.

In general trend, gold had test 1280 for twice to ensure the bottom of mid-term uptrend, then we should better waiting gold retrace to support area and long for second rebounce.

Therefore, we should take eyes on two critical point: 1. 08:00~09:00 is the reversal horizon that long position may have chance, 2. 1293~1292 are relative strong support area to long.

Like if you trade, make Ideas or comments with me :D
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.