At the 4-hour level, the overall market judgment remains unchanged. In terms of the lower support level, 3208-3207 is the key support area. This position is not only the low point on Monday, but also an important support level formed by the previous starting point line extending to the present. As for the upper resistance level, first of all, we need to focus on yesterday's high point of 3265, which is also the previous shock low point. Secondly, the 3290-3293 area formed by the rebound after the gap-down opening on Monday is also a resistance range that cannot be ignored. In the short term, pay attention to the resistance line of 3260-3270 above, and pay attention to the support line of 3220-3210 below in the short term. Further support focuses on the 3200 mark.
Gold operation strategy: 3220-3210 long, target 3230-3250; gold rebounds to 3260-3265 short, target 3240-3220.
Gold operation strategy: 3220-3210 long, target 3230-3250; gold rebounds to 3260-3265 short, target 3240-3220.
Trade active
We originally planned to go long in the 3220-10 area. Gold fell twice but failed to successfully touch our trading strategy area. The short-term support is strong and the rebound momentum is still there. We suggested going long in the 3232-30 area. It hit the target profit-taking area again, continuing our good record of consecutive victories, and the friends who followed us also made quite good profits.Trade closed: target reached
ou don’t know when to enter the market and want to double your profits? As long as you persist, your weekly profits can reach more than 100-400% without complicated operations.
For every friend who proposes cooperation, I will do my best and use my professional strength to help you make profits. I have helped many members achieve stable profits. Directly click on the free witness telegram group:t.me/TP_Daniel1
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For every friend who proposes cooperation, I will do my best and use my professional strength to help you make profits. I have helped many members achieve stable profits. Directly click on the free witness telegram group:t.me/TP_Daniel1
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.