https://www.tradingview.com/x/nbc0bLTo/
Gold fluctuated and retreated on Tuesday, testing the lowest line of 3205 downward. It can be seen that the market still does not have continuity, and the fluctuation space is also narrowing. The 1H cycle began to close, and the market was brewing a unilateral trend. After the daily line rebounded, it fluctuated around the short-term moving average. The direction was not clear. Short-term trading should not be pursued and sold at a loss. Operations should be carried out at a certain point.
From the perspective of the hourly line cycle, it is testing the low point of Monday's retracement, forming a short-term double bottom structure. Pay attention to short-term retracement and long positions, pay attention to 3218/3226 support for long positions, and pay attention to 3252/3265 positions above.
Gold fluctuated and retreated on Tuesday, testing the lowest line of 3205 downward. It can be seen that the market still does not have continuity, and the fluctuation space is also narrowing. The 1H cycle began to close, and the market was brewing a unilateral trend. After the daily line rebounded, it fluctuated around the short-term moving average. The direction was not clear. Short-term trading should not be pursued and sold at a loss. Operations should be carried out at a certain point.
From the perspective of the hourly line cycle, it is testing the low point of Monday's retracement, forming a short-term double bottom structure. Pay attention to short-term retracement and long positions, pay attention to 3218/3226 support for long positions, and pay attention to 3252/3265 positions above.
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My expectations were very accurate.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.