Gold prices fluctuated throughout yesterday, breaking through the intraday high in the evening and reaching near the previous high again, ultimately closing positive on the daily chart, essentially at the highest price. During the Asian session, prices rose another $30, touching around 4046, before slightly retreating. Judging from the recent trend of gold prices, the price has been fluctuating and neither the bulls nor the bears have been able to sustain their gains. Gold prices have once again reached high levels. After several rounds of fluctuations of 150 points each, the current support and resistance levels are quite clear. Gold prices are oscillating between 3900 and 4050.
This adjustment and reshuffling is a good thing. It gives those who missed the boat a chance to get on board, and it also slaps those who chased the highs in the face. The game between bulls and bears is itself an extension of the consensus of emotions.
Gold prices extended their rebound, returning to $4,050. This rebound was significant, recovering from a drop of about $500 to a gain of approximately $200. Whether this rebound represents a reversal depends on the weekly closing price. If the weekly candlestick closes as a doji, it indicates that the bulls remain strong. If the weekly candlestick continues to close negative, short-term consolidation and profit-taking will continue.
In volatile markets, both bulls and bears have opportunities; the key lies in the price level. If the Asian session rises, the European session retraces and breaks the low, and the US session surges, it's a bull trap. Once the high point appears, go short. Trading strategy: Sell gold on a rebound to 4015-4020, with a stop loss above 4045 USD, and target 3980-3960 USD on the downside. Watch for further downside targets at $3980-$3960.
This adjustment and reshuffling is a good thing. It gives those who missed the boat a chance to get on board, and it also slaps those who chased the highs in the face. The game between bulls and bears is itself an extension of the consensus of emotions.
Gold prices extended their rebound, returning to $4,050. This rebound was significant, recovering from a drop of about $500 to a gain of approximately $200. Whether this rebound represents a reversal depends on the weekly closing price. If the weekly candlestick closes as a doji, it indicates that the bulls remain strong. If the weekly candlestick continues to close negative, short-term consolidation and profit-taking will continue.
In volatile markets, both bulls and bears have opportunities; the key lies in the price level. If the Asian session rises, the European session retraces and breaks the low, and the US session surges, it's a bull trap. Once the high point appears, go short. Trading strategy: Sell gold on a rebound to 4015-4020, with a stop loss above 4045 USD, and target 3980-3960 USD on the downside. Watch for further downside targets at $3980-$3960.
액티브 트레이드
If the price breaks through 4050 during the European session and then retraces during the US session, we will go long.거래청산: 타겟 닿음
The price has approached 4000 points. Congratulations to those who bought in following the signal; you've already made a good profit.I can't notify everyone, but if profits reach your expectations, you can close your orders at any time.Thank you all for your support and trust!
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.