2320! Go long gold!
Updated
Although gold has formed a head and shoulders top pattern at the short-term level, the momentum has turned to neutral, and gold has failed to effectively fall below the 2320-2318 area many times during the decline. Instead, it has formed a head and shoulders bottom pattern at the hourly level, and the shoulder support is exactly in the 2320-2318 area. So gold can still use this as support to continue to rebound.
https://www.tradingview.com/x/L3fLRRYi/
In addition, gold has never fallen below 2318 during the decline, so I think the decline of gold is just compression. The deeper the compression, the more violent the rebound may be. It may even continue to rebound to 2340 or even 2350. So when gold falls back to the 2320 area in the short term, I will not continue to chase short gold. On the contrary, I will start to go long on gold!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
https://www.tradingview.com/x/L3fLRRYi/
In addition, gold has never fallen below 2318 during the decline, so I think the decline of gold is just compression. The deeper the compression, the more violent the rebound may be. It may even continue to rebound to 2340 or even 2350. So when gold falls back to the 2320 area in the short term, I will not continue to chase short gold. On the contrary, I will start to go long on gold!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
Trade active
Gold is rebounding, it has rebounded above 2326, and our profits are growing like crazyTrade active
Bro, have you followed me to buy gold? Gold has rebounded to 2330Trade active
Buy gold againTrade active
Gold rebounded to around 2330, and we once again made a profit by buying gold
Friends who have entered my group have made considerable profits by following trading signals! If you want to get detailed trading signals and trading logic, join my Telegram group: Make making money a pleasure t.me/+o1k2cWcaCJVmNzRk
Related publications
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.