Today's gold price focus range: 3220-3260
(1) Operation suggestion: short gold near 3260-3265, stop loss 3275, focus on targets: 3222, 3211! If weak, short directly at 3255-3257!
(2) Operation suggestion: long gold near 3320-30, stop loss 3210, focus on targets: 3245, 3260!
As shown in Figure 4h:
As long as the gold price is below 3260, try to regard it as a high altitude.
Currently, the gold price is in a resonance decline in the three markets.
The Asian market is closed, the sell-off is large, the US market is weak and volatile, and the European market continues to fall.
Current support level: 3220
The rebound of gold prices near 3220 is also a normal fluctuation.
Then the 3220-3260 range is the price fluctuation range that we need to focus on today.
Once the negative news is realized, gold prices may rebound sharply on Friday.
But be alert that gold prices continue to break through 3220 on Thursday, and the downside target will fall back to around 3160-3180.
The most stable strategy is to short gold around 3250-3260.
Given the extensive and important news this week.
Be sure to set a stop loss.
(1) Operation suggestion: short gold near 3260-3265, stop loss 3275, focus on targets: 3222, 3211! If weak, short directly at 3255-3257!
(2) Operation suggestion: long gold near 3320-30, stop loss 3210, focus on targets: 3245, 3260!
As shown in Figure 4h:
As long as the gold price is below 3260, try to regard it as a high altitude.
Currently, the gold price is in a resonance decline in the three markets.
The Asian market is closed, the sell-off is large, the US market is weak and volatile, and the European market continues to fall.
Current support level: 3220
The rebound of gold prices near 3220 is also a normal fluctuation.
Then the 3220-3260 range is the price fluctuation range that we need to focus on today.
Once the negative news is realized, gold prices may rebound sharply on Friday.
But be alert that gold prices continue to break through 3220 on Thursday, and the downside target will fall back to around 3160-3180.
The most stable strategy is to short gold around 3250-3260.
Given the extensive and important news this week.
Be sure to set a stop loss.
t.me/+dyD5wnqZSUFlZjQx
Enjoy trading Enjoy life The best trading team
Enjoy trading Enjoy life The best trading team
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/+dyD5wnqZSUFlZjQx
Enjoy trading Enjoy life The best trading team
Enjoy trading Enjoy life The best trading team
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.