Continue to go long based on 2641, target 2660~2670
Updated
The intraday direction is still very clear. The biggest problem is where to go long. After the US market broke through the high point of 2641 in the Asian market, 2641 formed a reverse support. Today, relying on the top and bottom conversion support of 2641, we continue to go long. But please note that it is expected that it is difficult to have a large retracement. What needs to be done is to go long directly with the trend. On the one hand, it is difficult to give the market an opportunity to enter the market at a low price after such a break. It is usually difficult to start after a retracement. On the other hand, the market is shrouded in concerns about Russia and Ukraine. As the tension between the two sides continues to escalate, gold may continue to surge at any time due to risk aversion.
In terms of intraday operations, in summary, don't look for resistance in the rise, continue to go long with the trend, the support level is 2640/46 area, and the second is 2637/33 area. Either step back to the support level, or buy directly based on the support level as SL, with the target of 2660-2670 area.
In terms of intraday operations, in summary, don't look for resistance in the rise, continue to go long with the trend, the support level is 2640/46 area, and the second is 2637/33 area. Either step back to the support level, or buy directly based on the support level as SL, with the target of 2660-2670 area.
Note
Sell according to the chart resistance, wait for the 2660/2641 positions below to buy in the NY time period Trade closed manually
Today's profit is 25K. Welcome to check my work. Note
Resistance and support update
30-minute resistance 2673, support 2658
1H resistance 2682, support 2648
NY market strategy is still bullish, long according to resistance
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