The latest gold price range: 3275-3220
The four-hour structure chart shows:
At present, the gold price continues to be driven by the Asian session, fluctuating upward, forming a new local triangle structure range.
Small oscillation structure range: 3275-3220
1: The gold price trend has shown a double-top M structure right oscillation range.
2: In the short term, the gold price will be treated with the idea of shorting within the oscillation range.
3: As long as the gold price is above 3220, it will be long on dips.
4: As long as the gold price is below 3275, it will be treated with the idea of shorting on rallies.
5: The gold price range fluctuates widely: 3200-3350 (this week may become the oscillation range of the gold price, and this range will be regarded as a short-term price breakthrough expectation).
6: Once the gold price falls below 3200, it may usher in a trend change from long to short.
The four-hour structure chart shows:
At present, the gold price continues to be driven by the Asian session, fluctuating upward, forming a new local triangle structure range.
Small oscillation structure range: 3275-3220
1: The gold price trend has shown a double-top M structure right oscillation range.
2: In the short term, the gold price will be treated with the idea of shorting within the oscillation range.
3: As long as the gold price is above 3220, it will be long on dips.
4: As long as the gold price is below 3275, it will be treated with the idea of shorting on rallies.
5: The gold price range fluctuates widely: 3200-3350 (this week may become the oscillation range of the gold price, and this range will be regarded as a short-term price breakthrough expectation).
6: Once the gold price falls below 3200, it may usher in a trend change from long to short.
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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.