Although gold is now in the falling band, it has not really fallen below the low point of 1970, and the market is still volatile! In the oscillating trend, it is most taboo to chase the rise and kill the fall. The operation must rely on key pressure and support, and operate in the opposite direction! And the current support is the 1970 position, just get closer!
The upper pressure is the 1995 position, which is the pressure position on the upper rail of Tubuling in hours, and it is also the position where the last rebound encountered resistance. After touching it, it can be directly empty!
specific strategy
1975buy, SL: 1967, TP: 1995
1995sell, SL: 2001, TP: 1975
Trade active
Trade active
Trade active
Trade closed: target reached
1975BUY Waiting for TP: 1995Trade active
Trade active
Gold moves exactly as expectedTrade active
Trade active
Trade closed: target reached
Note
Gold is going to fall below 2700 points.
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If you don’t know where to start trading, you can join the channel and get accurate trading signals
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
👊Join the free Telegram group:
t.me/Reliable_Trading0
🏆Contact me to copy trading:
t.me/Reliable_Trading1
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.