Gold is just like waiting for Trump's tariff announcement today, and the fluctuations are not big. As of now, gold is fluctuating around 3121, waiting for the tariff announcement data to guide the direction. The recent trend of gold has been bullish, and the retracement is to give opportunities to go long. Since breaking through the 3100 line this week, we have also been long at the 3100-3105 line many times, covering positions, and all of them have perfectly reached the profit target. Gold has also bottomed out twice. As I often emphasize to everyone, the technical adjustment of gold is not a reversal of the market. The trend is still bullish. If your current gold operation is not ideal, I hope to make your investment less detours. Welcome to communicate!
From the 4-hour analysis, the short-term support below is around 3110-3116, and the focus is on the 3100-3105 line. The daily level stabilizes above this position and continues to maintain the low-multiple rhythm of the trend. The idea of retracement to go long remains unchanged. Go long and hold the long space with the trend, and try not to go against the trend. I will remind you of the specific operation strategy during the session, and pay attention to it in time.
Gold operation strategy:
(Under the stimulus of tariff news, the operation strategy is subject to the interpretation of the news)
1. Buy gold when it falls back to 3110-3116, and continue to buy when it falls back to 3100-3105. The target is 3130-3135. Continue to hold if it breaks through;
From the 4-hour analysis, the short-term support below is around 3110-3116, and the focus is on the 3100-3105 line. The daily level stabilizes above this position and continues to maintain the low-multiple rhythm of the trend. The idea of retracement to go long remains unchanged. Go long and hold the long space with the trend, and try not to go against the trend. I will remind you of the specific operation strategy during the session, and pay attention to it in time.
Gold operation strategy:
(Under the stimulus of tariff news, the operation strategy is subject to the interpretation of the news)
1. Buy gold when it falls back to 3110-3116, and continue to buy when it falls back to 3100-3105. The target is 3130-3135. Continue to hold if it breaks through;
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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.
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.