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XAUUSD:Gold Trading Strategies for Tuesday
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https://www.tradingview.com/x/1OIc7eWI/
Gold is currently under pressure at the 2340-2344 first-line resistance. If it falls back, it will continue to observe the support near 2325-2318. If it can break through, there may be an opportunity to try the 2352-2362 high again. If it falls below the support, the 2313-2305 range will be considered.
In terms of trading direction, I still prefer the idea of high short orders.
Because the gold market has been volatile recently, the trading range I gave is relatively large. Everyone should pay more attention to the orders they hold during the transaction. Once the market changes, deal with it in a timely manner and don't be too greedy.
Gold is currently under pressure at the 2340-2344 first-line resistance. If it falls back, it will continue to observe the support near 2325-2318. If it can break through, there may be an opportunity to try the 2352-2362 high again. If it falls below the support, the 2313-2305 range will be considered.
In terms of trading direction, I still prefer the idea of high short orders.
Because the gold market has been volatile recently, the trading range I gave is relatively large. Everyone should pay more attention to the orders they hold during the transaction. Once the market changes, deal with it in a timely manner and don't be too greedy.
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After it broke through the resistance, it came above 2360 and backtested the support around 2351-2355. If it does not fall below, go long.
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