The price of gold has strongly surged to around $3,315, forming a key resistance level. Analyzing from both the technical perspective and market sentiment, the selling pressure above this price level is remarkable, and the risk of a short-term pullback has intensified. The current market structure indicates that placing short positions at this high level may effectively capture the profit-taking space during the price correction, which can be regarded as a sensible trading strategy.
XAUUSD
sell@3315-3320
tp:3300-3280
The price of gold has strongly surged to around $3,315, forming a key resistance level. Analyzing from both the technical perspective and market sentiment, the selling pressure above this price level is remarkable, and the risk of a short-term pullback has intensified. The current market structure indicates that placing short positions at this high level may effectively capture the profit-taking space during the price correction, which can be regarded as a sensible trading strategy.
XAUUSD
sell@3315-3320
tp:3300-3280
The price of gold has strongly surged to around $3,315, forming a key resistance level. Analyzing from both the technical perspective and market sentiment, the selling pressure above this price level is remarkable, and the risk of a short-term pullback has intensified. The current market structure indicates that placing short positions at this high level may effectively capture the profit-taking space during the price correction, which can be regarded as a sensible trading strategy.
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.