Gold is still bullish, beware of waterfalls
Gold is still bullish, beware of waterfalls
The US Federal Reserve's interest rate decision is about to be announced, and gold may face adjustments!
The Asian, European and American gold markets rose in resonance, and the price approached 3045. There was almost no pullback during the entire rise, and there was a possibility of accelerating to the top.
There is no problem with the bullish trend, but in reality, we must prevent a sharp pullback.
The most stable strategy is to wait for the market to stabilize after a sharp drop before going long.
A sharp pullback, go long at a low price.
The US Federal Reserve's interest rate decision was announced, and there was a press conference. This news has a great impact on the gold market and should be paid special attention to.
Although the possibility of an interest rate hike is not great, if it involves hawkish speeches, or there is a tone of reducing the number of subsequent interest rate cuts, it is still short-term negative for gold.
This may trigger a market pullback.
Therefore, for today's gold, it is not recommended to chase highs. You can try to short in batches around 3050-3065.
The support below is 3027-3018-3006!
The US Federal Reserve's interest rate decision is about to be announced, and gold may face adjustments!
The Asian, European and American gold markets rose in resonance, and the price approached 3045. There was almost no pullback during the entire rise, and there was a possibility of accelerating to the top.
There is no problem with the bullish trend, but in reality, we must prevent a sharp pullback.
The most stable strategy is to wait for the market to stabilize after a sharp drop before going long.
A sharp pullback, go long at a low price.
The US Federal Reserve's interest rate decision was announced, and there was a press conference. This news has a great impact on the gold market and should be paid special attention to.
Although the possibility of an interest rate hike is not great, if it involves hawkish speeches, or there is a tone of reducing the number of subsequent interest rate cuts, it is still short-term negative for gold.
This may trigger a market pullback.
Therefore, for today's gold, it is not recommended to chase highs. You can try to short in batches around 3050-3065.
The support below is 3027-3018-3006!
t.me/+sYn1wzCj-0VjNDEx
Share transactions, enjoy life, the best and the most real
Share transactions, enjoy life, the best and the most real
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.
t.me/+sYn1wzCj-0VjNDEx
Share transactions, enjoy life, the best and the most real
Share transactions, enjoy life, the best and the most real
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.