#XAUUSD
XAUUSD
Currently, the overall gold price trend remains within a triangular consolidation pattern. As time progresses, the short-term resistance level has moved to 3750. As usual, to avoid false breakouts, allow for a buffer of around $5. In the European session, pay attention to the suppression of 3750-3755. If it fails to effectively break through 3755, you can continue to short gold. On the contrary, once it stabilizes above 3755, wait for a pullback and go long. Support levels to watch are 3730-3720. For short-term trading, adopt a buy-low, sell-high strategy within the 3750-3720 range, with profit targets of $10-$30, until the triangle pattern is broken. It is also worth noting that 3710-3700 below is still the key support. If it breaks through the 3720 triangle boundary, you can hold a short position and expect a decline, but do not chase the short position too much.
Currently, the overall gold price trend remains within a triangular consolidation pattern. As time progresses, the short-term resistance level has moved to 3750. As usual, to avoid false breakouts, allow for a buffer of around $5. In the European session, pay attention to the suppression of 3750-3755. If it fails to effectively break through 3755, you can continue to short gold. On the contrary, once it stabilizes above 3755, wait for a pullback and go long. Support levels to watch are 3730-3720. For short-term trading, adopt a buy-low, sell-high strategy within the 3750-3720 range, with profit targets of $10-$30, until the triangle pattern is broken. It is also worth noting that 3710-3700 below is still the key support. If it breaks through the 3720 triangle boundary, you can hold a short position and expect a decline, but do not chase the short position too much.
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Penerbitan berkaitan
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.