Gold has experienced a unilateral rise in the recent bull market, and finally reached a new all-time high and was blocked near 2430. Then it ushered in a collapse and fell back, with the lowest falling to around 2290 to be supported. However, the decline has not been well extended and has not continued to fall, indicating that there is still a large amount of buying support below. At the end of last week, the price fluctuated and slowly rose to around 2354. The callback low began to slowly move upward, and it held the 2330 mark at the end. There is a possibility for bulls to make a comeback. Gold fluctuated and slowly rose to around 2354 last Friday, the correction low began to slowly move upward, and ended up holding the 2330 mark. 2430 is a clear peak, and the 2400 mark has not been successfully surpassed by multiple shocks. Now it is poised to collapse from high levels and fall back, and the decline is expected to continue. However, since the bulls are still in a bull market, there is still a large amount of buying support, and further declines will require the bulls to digest the momentum. Next, we will see whether this rebound can stabilize the 2355 watershed. Once it stabilizes, there will be no advantage in shorting. Today we will focus on the support near 2325. If it stabilizes the 2330 mark, then we will see a rebound.
Gold Strategy: Go long near $2,325 Stop loss $2310 Target $2335-2345
I share trading strategies and trading ideas every day. ⬇⬇⬇Get detailed trading signals so that everyone is no longer confused when trading. I hope that with my help, everyone can get good results!
Giao dịch đang hoạt động
Friends, after experiencing a wave of rise, the price of gold is now under pressure from above at 2340-2345 US dollars. It has not continued to break upward to last week's high of 2352 US dollars. It is also showing a downward trend. Now we can wait until 2320-2325. At the support level of the US dollar range, observe the market trend before trading. If it does not fall below US$2,320, we can go long gold.
Giao dịch đang hoạt động
Gold fell above $2,325 and was supported below. We can wait until the $2,325-2,320 range to make long positions.
Giao dịch đang hoạt động
Gold rebounded and rose to $2,340 before falling under pressure
Giao dịch đang hoạt động
Gold prices are now above $2,340
Giao dịch đang hoạt động
Gold has not yet exceeded $2,350. We can short gold above $2,350.
Giao dịch đang hoạt động
Now that gold is falling and short sellers are making profits, we can go long gold again below $2,330.
Giao dịch đang hoạt động
Waiting to go long gold below $2,330
Giao dịch đang hoạt động
Gold prices go long gold near $2,325
Giao dịch đang hoạt động
Gold continues to fall and has fallen below $2,320. We should trade cautiously now
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.