Before the US market, gold prices fluctuated and fell. The news that Europe and the United States are close to reaching a tariff agreement is still fermenting, and the automobile tariff agreement signed by the United States and Japan continues to suppress risk aversion. At the same time, the US dollar index rebounded moderately, further putting pressure on non-yielding assets such as gold. In the short term, gold is testing the effectiveness of the support of the upper edge of the previous shock box, and the market will usher in the last wave of intensive data disclosure before the Fed's interest rate decision. Market sentiment and technical structure are entering a critical game stage.
From the 4-hour chart, MA5-MA10 dead cross, KDJ indicator is in the oversold range, indicating that the short-selling force has not been completely exhausted, and the short-term inertial decline may continue. Then, today's weak market will see whether it can reach the target point of the Bollinger lower track.
Gold expected signal suggestions:
1. The lower support area is 3345-3332 for long positions.
2. The upper resistance target area is 3377-3385 for short positions
XAUUSD XAUUSD XAUUSD GOLD XAUUSD XAUUSD
From the 4-hour chart, MA5-MA10 dead cross, KDJ indicator is in the oversold range, indicating that the short-selling force has not been completely exhausted, and the short-term inertial decline may continue. Then, today's weak market will see whether it can reach the target point of the Bollinger lower track.
Gold expected signal suggestions:
1. The lower support area is 3345-3332 for long positions.
2. The upper resistance target area is 3377-3385 for short positions
XAUUSD XAUUSD XAUUSD GOLD XAUUSD XAUUSD Note
It is difficult to grasp the real-time buying opportunity. Follow or leave a message to view the latest real-time trading signals.Note
Gold hit the resistance at 3377 and retreated. The current price is 3367, a retreat of 10 USD/oz. This plan is accurate and the short position is profitable.Note
The trader followed Henry's signal and executed short selling at the precise position of 3377. The price retreated to a minimum of $20/ounce, and the current price is 3355. This plan once again made those traders who followed Henry profitable.Note
Gold encountered resistance at 3377 and then continued to fall, retreating 40 US dollars per ounce. The current price has reached the support target of 3345-3332. If it does not fall below this support area, traders can consider buying. Trading is risky, so control your position reasonably.
Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
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.
Good at solving all trading problems, doubling the account in a week, and making a stable profit of 300% in a month
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
🚀Private VIP: t.me/HenryDovitt
👍Market exclusive signal: t.me/Henryffjyfylffc108
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.