Today's Trend Analysis and Signals
Updated
Gold's late-session high-fall continued the weak adjustment pattern. Technical trading ideas: Continue to short at high prices during the day's rebound! The hourly chart Bollinger Bands narrowed, with the upper track at 2616 and the lower track at 2590. The current market 2616 is today's long-short dividing line!
Gold is still weak, and the rebound is limited. The rebound is an opportunity to go short. Gold rebounded at 2616 in the Asian session and went short directly. The market is changing rapidly. Plan your trades and trade your plans. Gold is still rebounding at the moment. The rebound is an opportunity to continue to go short.
The 1-hour moving average of gold is still distributed downward, and the rebound is limited. Gold also fell back after rising in the NY period, indicating that gold is only rebounding and has not reversed. Then gold will continue to go short. Gold will go short directly near 2616 in the Asian session.
First support: 2690, second support: 2579, third support: 2563
First resistance: 2616, second resistance: 2625, third resistance: 2639
Trading strategy:
BUY: 2586-2588
SELL: 2616-2618
Gold is still weak, and the rebound is limited. The rebound is an opportunity to go short. Gold rebounded at 2616 in the Asian session and went short directly. The market is changing rapidly. Plan your trades and trade your plans. Gold is still rebounding at the moment. The rebound is an opportunity to continue to go short.
The 1-hour moving average of gold is still distributed downward, and the rebound is limited. Gold also fell back after rising in the NY period, indicating that gold is only rebounding and has not reversed. Then gold will continue to go short. Gold will go short directly near 2616 in the Asian session.
First support: 2690, second support: 2579, third support: 2563
First resistance: 2616, second resistance: 2625, third resistance: 2639
Trading strategy:
BUY: 2586-2588
SELL: 2616-2618
Trade active
CPI news is about to be released, please be cautious when trading. Beginners, please avoid news tradingNote
Buy gold
XAUUSD
BUY: 2611near
SL:2605
TP1:2616
TP2:2620
TP32626
Trade closed manually
Free signal SEWLL2616~2618 profit 80pips
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