Yesterday morning, gold gapped down and continued to decline. It bottomed out near 3207 and rebounded for correction. The fluctuations during the European and American trading sessions were limited, maintaining a narrow trading range. In the US session, it surged to 3248 and then declined. Although it didn't reach a new low, the sideways movement is not a signal of a trend reversal.
This morning, the gold price first dropped and then rebounded to above 3230 and traded sideways. For today's operation, it is recommended to adopt a bearish strategy. The key resistance level is at 3260. If it breaks through this level, the bullish trend may resume. The support level is at 3200, and it is expected that the gold price will trade sideways within this range in the short term.
Technically, the hourly chart shows a sideways movement at a low level with alternating positive and negative K-lines. On the daily chart, the price has broken below the moving average system and the middle band of the Bollinger Bands, indicating a bearish trend for gold in the short term. The operation strategy is as follows: Short when the price rebounds to the range of 3250-3255, with the target price at 3220-3210 and the stop-loss set at 3260. If the market strengthens during the European session, take profits before the US session.
XAUUSD
sell:3250-3255
tp:3220-3200
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
This morning, the gold price first dropped and then rebounded to above 3230 and traded sideways. For today's operation, it is recommended to adopt a bearish strategy. The key resistance level is at 3260. If it breaks through this level, the bullish trend may resume. The support level is at 3200, and it is expected that the gold price will trade sideways within this range in the short term.
Technically, the hourly chart shows a sideways movement at a low level with alternating positive and negative K-lines. On the daily chart, the price has broken below the moving average system and the middle band of the Bollinger Bands, indicating a bearish trend for gold in the short term. The operation strategy is as follows: Short when the price rebounds to the range of 3250-3255, with the target price at 3220-3210 and the stop-loss set at 3260. If the market strengthens during the European session, take profits before the US session.
XAUUSD
sell:3250-3255
tp:3220-3200
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Dagangan aktif
The market trend is in line with my strategy. Congratulations to all the traders who followed it.
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.