Gold rose strongly again today as a safe-haven, breaking the volatility and rising to the highest point of 3328. However, gold has basically not pulled back, so it is very likely that the safe-haven sentiment will be released directly, and then gold will start to adjust again. Therefore, it is not suitable to chase it at this position now. It is better to wait patiently for the opportunity to fall back. Gold may rise and fall at any time. Go short directly at 3328 in the US market!
The 4-hour moving average of gold began to turn, so the unilateral decline of gold temporarily came to an end. However, the rise of gold has reached the key resistance area in the early stage, which is the starting point of the early stage near 3330. It is obviously not appropriate to chase more at this position, so the short-term may begin to adjust, and the gold US market will be shorted near 3300. The market is changing rapidly. If gold breaks upward and does not step back, there is no opportunity to go long, so there is no need to chase more gold, and it is better to go short first to see the decline and adjustment.
Gold strategy: Suggest short at 3325-28, stop loss at 3337, target at 3308-3295-3280
The 4-hour moving average of gold began to turn, so the unilateral decline of gold temporarily came to an end. However, the rise of gold has reached the key resistance area in the early stage, which is the starting point of the early stage near 3330. It is obviously not appropriate to chase more at this position, so the short-term may begin to adjust, and the gold US market will be shorted near 3300. The market is changing rapidly. If gold breaks upward and does not step back, there is no opportunity to go long, so there is no need to chase more gold, and it is better to go short first to see the decline and adjustment.
Gold strategy: Suggest short at 3325-28, stop loss at 3337, target at 3308-3295-3280
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.