From the current market analysis, the 4-hour chart shows that the gold price is weak, while the 1-hour chart tends to fluctuate and correct. Therefore, short-term operations can rely on $3030 and $3020 to bearish gold.
Note:
1. Determine the trading cycle, set the direction in the big cycle, and enter the market in the small cycle.
2. Follow the trend: 3 waves up and down without breaking the high and low points is a shock, and 3 waves of high and low points rising or falling is a trend. Don't do shocking market, don't stop if you don't understand it, and control your hands.
3. Wait for the position, pay attention to the profit and loss ratio when entering the market. Set a stop loss.
4. Don't trade emotionally, respect market uncertainty, and accept stop loss.
5. Finally, repeat the execution unconditionally.
I wish you a smooth transaction
Note:
1. Determine the trading cycle, set the direction in the big cycle, and enter the market in the small cycle.
2. Follow the trend: 3 waves up and down without breaking the high and low points is a shock, and 3 waves of high and low points rising or falling is a trend. Don't do shocking market, don't stop if you don't understand it, and control your hands.
3. Wait for the position, pay attention to the profit and loss ratio when entering the market. Set a stop loss.
4. Don't trade emotionally, respect market uncertainty, and accept stop loss.
5. Finally, repeat the execution unconditionally.
I wish you a smooth transaction
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.
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.