8.7 Gold Analysis

7 thg 8

From the 4-hour daily chart, gold has never been able to break through 2400 and has been fluctuating sideways.
Then we can be bearish in a short period of time
2393__2395 Short stop 2403-2405

7 thg 8

Ghi chú

Traders, if you like this idea or you have your own opinion on it, please write it in the comments. I will be happy to do so. Please support me by liking and commenting to motivate me to share more analysis with you and share with me your opinion on the possible trend of this chart. As always, we will update you regularly during the week and tell you how we manage active ideas and setups.

7 thg 8

Ghi chú

7 thg 8

Ghi chú

Gold has now broken through 2400. There will be some downward resistance. Don't panic.

7 thg 8

Ghi chú

Gold has stopped rising. The resistance is indeed very strong. Now is a great signal to enter the market.