In the short term, gold prices have shown a downward trend under the combined influence of factors such as expectations of eased geopolitical tensions, economic data, and monetary policy outlooks. However, given the high level of market uncertainty, we must closely monitor the latest developments in the Middle East situation, changes in U.S. economic data, and the monetary policy dynamics of central banks around the world. These factors may reverse at any time, thereby altering the trend of gold prices.
Given that gold prices are currently in a downward trend:
- **Aggressive investors** may consider shorting if the price rebounds to the $3,395 - $3,405 range, accompanied by K-line patterns with long upper shadows and no significant increase in trading volume (indicating heavy selling pressure at higher levels).
- **Conservative investors** can wait patiently for further price declines. If the price falls to the $3,360 - $3,370 range and forms K-lines with long lower shadows (indicating some buying support at lower levels), they can try going long with a light position to bet on a rebound.
It should be noted that regardless of going long or short, operations must be closely tied to news factors. If the Middle East situation suddenly deteriorates or U.S. retail data significantly misses expectations, the current price trend may change instantly, requiring extreme caution when entering trades.
Today's gold trading strategy, I hope it will be helpful to you
XAUUSD sell@3395~3405
SL:3420
TP：3385~3375
XAUUSD buy@3360~3370
SL:3350
TP：3380~3390
Given that gold prices are currently in a downward trend:
- **Aggressive investors** may consider shorting if the price rebounds to the $3,395 - $3,405 range, accompanied by K-line patterns with long upper shadows and no significant increase in trading volume (indicating heavy selling pressure at higher levels).
- **Conservative investors** can wait patiently for further price declines. If the price falls to the $3,360 - $3,370 range and forms K-lines with long lower shadows (indicating some buying support at lower levels), they can try going long with a light position to bet on a rebound.
It should be noted that regardless of going long or short, operations must be closely tied to news factors. If the Middle East situation suddenly deteriorates or U.S. retail data significantly misses expectations, the current price trend may change instantly, requiring extreme caution when entering trades.
Today's gold trading strategy, I hope it will be helpful to you
XAUUSD sell@3395~3405
SL:3420
TP：3385~3375
XAUUSD buy@3360~3370
SL:3350
TP：3380~3390
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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.